About Mina Protocol
Mina Protocol is on a mission to give users full protection of database without the need to give up a lot of control to third parties. As Mina suggest on its website, in our daily lives we give up a lot of control of intimate data to large tech companies that use our online services. Why do you think you get random popup advertisements on your phone that actually match something that you have said out loud, or something you were thinking of buying?
However, even when people try to eliminate this exposure of data by participating in blockchains it is again inevitable not to include or trust third parties to verify transactions.
Mina was created for this exact purpose. In June 2017, O(1) Labs kicked off an ambitious new open source project to design a layer one protocol that could deliver on the original promise of blockchain—true decentralization, scale and security. Rather than apply brute computing force, Mina offers an elegant solution using advanced cryptography and recursive zk-SNARKs.
Mina finally launched its mainnet on March 23, where it can offer developers powerful applications like Snapps (SNARK-powered applications) to offer financial services without compromising data privacy and programmable money that anyone can access from their phones. And that’s just the beginning.
The network uses the proof-of-stake consensus with the main difference being that users do not need to have expensive hardware or wait days for the blockchain to sync, or use a ton of computing power to stake and participate in it.
Mina Protocol is on a mission to give users full protection of database without the need to give up a lot of control to third parties. As Mina suggest on its website, in our daily lives we give up a lot of control of intimate data to large tech companies that use our online services. Why do you think you get random popup advertisements on your phone that actually match something that you have said out loud, or something you were thinking of buying?
However, even when people try to eliminate this exposure of data by participating in blockchains it is again inevitable not to include or trust third parties to verify transactions.
Mina was created for this exact purpose. In June 2017, O(1) Labs kicked off an ambitious new open source project to design a layer one protocol that could deliver on the original promise of blockchain—true decentralization, scale and security. Rather than apply brute computing force, Mina offers an elegant solution using advanced cryptography and recursive zk-SNARKs.
Mina finally launched its mainnet on March 23, where it can offer developers powerful applications like Snapps (SNARK-powered applications) to offer financial services without compromising data privacy and programmable money that anyone can access from their phones. And that’s just the beginning.
The network uses the proof-of-stake consensus with the main difference being that users do not need to have expensive hardware or wait days for the blockchain to sync, or use a ton of computing power to stake and participate in it.
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the service is completely free ! join us in the struggle
Available free education on our site :
fdgtacademy.com/