Update on Mina’s Supercharged Rewards Schedule
As of September 2021, an update in the supercharged reward schedule was made. Find out more about it here.
As of September 2021, an update in the supercharged reward schedule was made. Find out more about it here.
Snapps Ideation Workshop results and next steps
Mina builds on Ouroboros to create Ouroboros Samisika, a provably secure PoS protocol that combines the best features of each iteration of Ouroboros to deliver a PoS mechanism that can resolve long-range forks without requiring history or risking centralization by relying on trusted third parties to provide fork information.
Least Authority has recently concluded a security audit on Auro Wallet.
The Mina Foundation welcomed Evan Shapiro and others onto the team this week.
Mina's zk-SNARKs solve a large scalability problem — the ever-growing blockchain, enabling anyone to run a node using commodity hardware, keeping the network inclusive and decentralized. However, creating those zk-SNARKs (aka proofs) is expensive but Mina’s Snarketplace fixes that.
Least Authority has recently concluded a security audit on Clor.io Wallet, a non-custodial wallet developed by Mina community members.
The Mina Foundation is distributing more than 2.3 million MINA tokens to community members, as part of Mina's Prism grants program, for significant contributions to its ecosystem.
Proof-of-Work (PoW) and Proof-of-Stake (PoS) are the two most common types of consensus mechanisms found in cryptocurrency protocols. Learn more about each and Mina's specific type of PoS consensus, called Ouroboros Samasika.
A retro of Mina's token unlock and listing activities, as well as clarifying some questions from the community.
Legacy blockchains, such as Bitcoin or Dogecoin, face the problem of long waits to verify the entire chain due to their ever-growing size. However, with Mina, participants will be able to fully verify the network and transactions from their ordinary devices using recursive zero knowledge proofs, or zk-SNARKs.
One of the incentives to participate in block production through staking or delegation are the block rewards. In this blog, we will go over an FAQ and some basics of staking and delegating at the end to help you get started.
How did you get involved in blockchain? I got involved in blockchain starting in 2013, I mined some dogecoin back then =) Wow, what do you think about all that’s been happening with dogecoin recently? Well, it has been a long time since I mined and sadly I don’t have any dogecoin left. The rise […]
After careful consideration, we have agreed on the following mechanism to ensuring participation from Genesis Founding Members.
The Mina community and its members are the core of our global, decentralized network. It is important to us that each contributing community member has a positive experience, regardless of where they are based in the world and what languages they speak. This is why we have optimized our website to offer 4 new languages—Chinese, […]
Mina has introduced the Prism Token Grants, a new grant program that doubles its grantee base to around 1,200 grantees.
To give access to a greater number of participants and welcome new community members into Mina, the Mina Foundation has updated Mina's token sale terms as well as introduced the new Prism Token Grants.
Mina’s community leaderboard program gave those who were new to Mina the unique opportunity to learn about the technology and how to get started, with the chance to qualify for some amazing rewards. Here are the highlights, results and winners.
Mina is focusing on three use cases that will help us build a private gateway between the real world and crypto — and the secure, democratic future we all deserve.
In anticipation of Mina’s mainnet launch, the Mina Foundation is excited to share the list of node operators participating in the Seed Peer Providers Program. Seed Peer Providers are an independent group of nodes that assist new nodes to find peers and connect to the Mina Protocol. This improves the onboarding experience for other nodes, […]
Mina for Decentralization, For Real Bitcoin and other cryptocurrencies / blockchain protocols were initially designed with the goal of decentralization. The core idea is to completely democratize blockchain verification. While initially the protocols achieved a good degree of decentralization, where anyone could download and verify the blockchain, as time has passed, the blockchains have become […]
“The entire Mina blockchain is about 22kb – the size of a couple of tweets.” To analyze the above statement, first, let us clarify what we mean by “blockchain” here: An unambiguous usable representation (ie. not merely hashes) of the parts of the state a typical user would care about — namely the current balance […]
The Mina Foundation is excited to share its official policy relating to delegation of its MINA tokens. Mina block producers who would like to be considered for the Mina Foundation’s delegation starting from the first re-delegation period of Mina’s mainnet should apply by completing this form. Readers interested in the amount of MINA tokens subject to […]
Mina’s mainnet release candidate is planned to launch in two weeks! After two years of rigorous testing and strengthening the protocol with the Mina community, we are excited to take the next steps and head to mainnet! Mainnet Release Candidate: March 16, 2021 Mina’s mainnet release candidate (RC) is planned to launch on March 16, […]
Highlights/Stats Testworld was the largest Proof of Stake testnet outside of ETH 2.0 with 4.6K participants and 1.2k concurrently connected to the network. 12.6K total challenges submitted, racking up to 20M testnet points. Participation resulted in 265 new Genesis Founding Members bringing the community to a total of 663 members for the launch of […]
This post intends to help the Mina community understand how the MINA token will be distributed at the launch of Mina’s mainnet and throughout its lifecycle.
Mina has launched its bug bounty program to uncover security vulnerabilities in preparation for mainnet launch.
In PLONK (considered as an interactive oracle proof), the prover sends the verifier several polynomials. They are evaluated at some k points during the course of the protocol. Of course, if we want zero-knowledge, we would require that those evaluations do not reveal anything about the proof's underlying witness.
O(1) Labs announced that it has established a Testnet Advisory Board, and will welcome two industry leaders, Zaki Manian and Luke Youngblood, as technical advisors.
Due to a trademark lawsuit filed by R3 in 2019, Coda has relaunched as Mina, the world's lightest blockchain powered by participants.
Adversarial testnet participants can earn up to 1% of the total supply in token rewards for uncovering network vulnerabilities, earn delegations from the Mina Foundation, and also be eligible for the Genesis token grants program.
Kunkomu joined the community in the early days and has evolved to be a true community leader, from learning how to run a node himself back in release 2 to now helping newcomers with their node configurations. He has always been very active and passionate about the Mina community and many know to turn to him for any help or questions they may have. Learn more about this GFM!
By pairing aspiring node operators new to crypto with its technical ambassadors, Mina Protocol intends to grow the ecosystem as part of Mentor Nodes Program.
Genesis Founding Member niuniu | Bit Cat has been a core contributor to Mina, especially in the Chinese-speaking Mina community, since the launch of Testnet beta. Read more about his experiences and why he decided to get involved.
Pickles is a new proof system and associated toolkit that is the first deployed SNARK capable of recursive composition with no trusted setup.
With mainnet launch on the horizon, Coda Protocol accepts its second cohort into the Genesis token program to ensure high decentralization upon mainnet launch.
One year since launching its public testnet, Coda Protocol has achieved milestones like significant community growth and high geographic distribution among participation, with members hailing from over 180 different countries.
Over the past year, Coda’s Testnet has grown from a small group of 65 community members to a cohort of over 850 hailing from all over the world. In fact, since launch the Coda testnet has experienced 1200% growth in cumulative members. Thanks to our active community, the Coda testnet is now one of the largest layer 1 testnets by peer count for non-ICO-ed protocols!
With testnet participants now numbering over 700 in Coda’s Testnet Phase 3, release 3.2b marked the biggest testnet release in Coda history. Around the start, one of the block explorers observed 278 peers within 24 hours (and this node is only seeing a part of the network!), and at the end of the release, there were at least 275 concurrent nodes!
Coda Protocol is setting aside $2.1 million USD in token grants to support community members in activities such as improving the protocol, building tooling and creating content, ultimately ensuring high decentralization upon mainnet launch.
This spring, Coda Protocol concluded a security audit conducted by NCC Group, one of the world's leading cyber security service providers, to ensure the security and strength of our protocol.
While the core team is working hard on launching a public testnet, more than 300 members participated in release 3.2a ‘Coda Sandbox’, which launched on Monday, April 20th. For two weeks, the users participated in challenges, racked up over 500,000 testnet points* together on the Testnet Leaderboard, and increased their chances to become eligible for the Genesis token program.
We recently invited our testnet participants to fill out a user survey to help the team better understand the community. These are the results!
Genesis Founding Member Greg is a lifelong learner and chose to participate in Mina due to the supportive community. Read about his thoughts so far and the resources that have helped him learn about crypto/blockchain.
Get to know Genesis Founding Member Alexander, who has been active on Mina's testnet since its start and is also part of Mina's Russian-speaking community.
Coda Protocol, the world's lightest blockchain, is now one of the largest layer 1 testnets by peer count. With mainnet on the horizon, Coda received over one thousand applications to its new Genesis token program.
Learn more about Genesis Founding Member garethtdavies, who has been involved with Mina's community since our testnet was opened to public beta.
Blockchain architectures today are very inefficient at being both scalable and decentralized, a challenge widely referred to as the scalability trilemma. In this piece, I propose a new mental model called ScaDe (Scalability-per-unit-of-Decentralization) that helps the industry design better blockchains.
An explanation of how Coda Protocol uses recursive zk-SNARKs to enable a succinct blockchain and solve legacy blockchain issues of decentralization and scalability.
Coda’s Testnet Beta Phase 3 is the biggest testnet release up to date in terms of new features and participants. In the last six months, the number of users who participated in the testnet and tried out Coda was growing steadily. However, in phase 3, together with the launch of the Genesis token program, we’ve seen an explosive growth in interest and influx of participants.
In a one-of-a-kind opportunity for community members, Coda Protocol’s Genesis token program will prepare participants to become the first block producers upon mainnet launch.
What if we could, without trust, interact with other parties, and be assured through cryptography that our data would never be leaked? This is where zk-SNARKs come in. In the same way that Bitcoin was a call to action around reasserting our financial ownership, SNARKs in the same vein will help us assert our computational ownership.
Last month, we had a Winter Special testnet event. The event kicked off with a soft-fork from the Phase 2.4 testnet and we hoped to achieve a new milestone for keeping the network up and running for longer than ever before on the Testnet Beta. The community exceeded all our expectations — read on about all the milestones and the new guides and tools that they created.
The Complete Guide to Crypto's Most Powerful Proofs
After two more months of testing and hardening the Coda protocol, we’ve arrived at the end of Testnet Phase 2. The goal of Phase 2 was to ensure that these features would be durable — that they would last on longer testnets, and snowball into an increasingly viable mainnet release candidate. See below for more detail on how Phase 2 progressed.
Coda’s Testnet Beta Phase 2 is concluded! Release 2.4 ‘Rising-Phoenix’ made a great, stable ending of Phase 2. At the time of writing, the block height reached almost 4000 and it was capable of handling the activity peaks during Magic Window hours, where testnet users were loading the network with transactions.
Almost four months ago, Coda’s Testnet Beta Phase 1 was launched. Today, we’ve arrived at Testnet Release 2.4, named ‘Rising-Phoenix’. This release is the result of many testing and moments, where we saw our hopes diminish, rise again and reach higher peaks.
Testnet Beta Phase 2.2 was a busy period, marked by a lot of tinkering and breaking. The community rose up to the challenge to increase the transaction throughput during 'Magic Window' hours, and a new bug soon came to the surface, which the team can now investigate.
Phase 2 of Coda's Public Testnet Beta kicked off with a *lot* of interest in the staking challenge. 70 people signed up to stake on the new release and about 50 people ran a testnet node. Together, the community was going strong and racked up almost 100k testnet points* on the new Phase 2.
Coda Protocol's Phase 1 of the public Testnet Beta has concluded! We had 8 successful weeks of testnet on a 1-week release schedule. The technical advancement that was made would not have been possible without the participation of enthusiastic members in the community.
It has been 8 weeks since Coda Protocol's Public Testnet Beta was launched. Last week's testing provided us with interesting findings in the protocol - read on to see how a bug (!) saved the day.
We’ve arrived at the 8th week since Testnet [Beta] was launched. Last week, we saw about 40 testnet users participating in the ‘Grab Bag’ challenges and members becoming leaders in the growing community.
We’ve hit an important public Testnet Beta milestone this week — 100 active members who racked up over 200,000 testnet points!
Week 5 was an opportunity to retrospect on the state of the network over the past month and reflect on what could be improved to ensure a better experience for node operators.
Today, we've arrived at the fifth week since Coda's first public testnet [BETA] was released. It has been incredibly fun to dive in with the core group of our community evangelists. While stress-testing the network, testing main parts of the core protocol, staking, and producing blocks, unexpected situations arised and the community graciously embraced these surprises.
This is the fourth week that the Coda public testnet has been live! Last week, with the help of the early adopters in the community, we successfully stress-tested the network with increased transaction throughput, allowing us to identify potential issues and resolve them before the mainnet launch.
Since we launched Coda’s first public testnet in beta on July 24th, 2019, we’ve had 56 Codans connect and 74 rank on the leaderboard. Competition has been pretty fierce, but fellow Codans are a helpful bunch.
Coda Protocol launched its first public testnet in beta on July 24th 2019 at 2pm PST. As the first succinct blockchain, it generated significant interest from the community. Our community of early-adopters showed up in full-force, with over 250 people joining. Of those, 32 people successfully ran a Coda node, connected to the network, and sent their first transaction.
Zero-knowledge proofs (ZKPs) are a powerful cryptographic primitive that enables you to prove that you have a secret, without revealing it to anyone. If you are hearing about ZKPs for the first time, you are likely to say "Hah! That sounds impossible." Read on to get an intuitive understanding of what they are.
We’re excited to announce that last fall, we finished a new round of funding for O(1) Labs! We raised $15M from a group of fantastic investors including Accomplice, Coinbase Ventures, Paradigm, and General Catalyst.
Simulating real numbers using finite field arithmetic
We’re thrilled to announce that Coda Protocol launched its first public testnet in Beta today, July 24th 2019 at 2pm PST. We’ve seen interest from more than 700 members of our community in joining, so we expect that this will be an exciting and engaging process thanks to the efforts of a core group of our community evangelists.
While developing Coda, we came across an interesting problem that uncovered a much more general and potentially widely applicable problem: Taking advantage of parallelism when combining a large amount of data streaming in over time. We were able to come up with a solution that scales up to any throughput optimally while simultaneously minimizing latency and space usage.
A global competition to speed up the SNARK prover
Recently a candidate sent us a very thoughtful email asking what kind of knowledge we're looking for in a candidate. It set off a discussion at the office, as we wondered what direction we could provide candidates who might not yet have all of the perfect qualifications. Below is our response to the candidate, giving guidance on what kinds of knowledge we are looking for in candidates.
Living in the world today requires giving up a lot of control. We give up control of our financial lives to banks and unaccountable credit bureaus. We give up control of our most intimate data to use online services like Facebook, Amazon, and Google.
Mina uses advanced cryptography and recursive zk-SNARKs to deliver true decentralization at scale.
Mina makes it simple to run a node, build and join the community.