Mina (MINA)

An introduction into the Mina network
Written by StakeSeeker
Updated 1 year ago

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.

For more real-time blockchain data and statistics, please visit: 

You may also be interested in:

If you still have a specific question about blockchains or staking, please start a conversation with our support team! 

Did this answer your question?