Mina Foundation is excited to share etonec’s research on how to design a compliant, privacy-preserving fiat stablecoin via zero knowledge proofs.
The report includes how Mina’s zero knowledge smart contracts (zkApps) can be leveraged to design a private and regulatory compliant stablecoin.
About Mina Protocol
Mina is the world’s lightest blockchain, powered by participants. Rather than apply brute computing force, Mina uses advanced cryptography and recursive zk-SNARKs to design an entire blockchain that is about 22kb, the size of a couple of tweets. It is the first layer-1 to enable efficient implementation and easy programmability of zero knowledge smart contracts (zkApps). With its unique privacy features and ability to connect to any website, Mina is building a private gateway between the real world and crypto—and the secure, democratic future we all deserve.
