Mina (MINA)

Mina is an “ultra-light” blockchain that reduces the amount of data that is usually required for a blockchain network to securely operate. Mina utilizes technology known as zero-knowledge proofs (ZK-proofs), which are data-reducing mathematical arguments that also privatize transactions. ZK-proofs reduce data footprints by demonstrating that a transaction occurred merely by seeing specific proofs, which are tiny in size relative to the full transaction. In other words, instead of perpetuating a 1:1 carbon copy of the entire chain from the beginning of time, Mina’s nodes only store a small proof as opposed to the entire chain, which results in the blockchain maintaining a consistent size of ~22kb even as it scales. Mina’s light data footprint is grounds for the argument that it is the world’s lightest blockchain.

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