A closely followed crypto trader says that one layer-2 scaling solution still has more upside potential after a big rally. Pseudonymous trader The Flow Horse tells his 194,500 followers on the social media platform X that Polygon (MATIC) competitor Optimism (OP) is likely heading higher after a retest at the $3.45 level. “Another one that […]
The post Top Analyst Says Polygon Rival ‘Likely Going Much Higher,’ Updates Outlook on Bitcoin and Mina Protocol appeared first on The Daily Hodl.
Leading US-based crypto exchange platform Coinbase is listing “the world’s lightest blockchain” after a two-week delay. News of the listing sent Mina Protocol (MINA), a privacy-focused payments protocol clocking in at a size of just 22 kilobytes, surging from its 24-hour low of $3.04 to $3.48, a 14.5% increase. According to the crypto project’s website, […]
The post Coinbase Triggers Altcoin Rally As ‘World’s Lightest Blockchain’ Hits Top Crypto Exchange appeared first on The Daily Hodl.
A ‘lightweight’ blockchain focusing on privacy and connectivity is rallying after a surprise listing from Coinbase. In a new tweet, the US-based cryptocurrency exchange says that Mina Protocol (MINA) will start trading on Coinbase Pro paired with Tether (USDT) once appropriate liquidity conditions are met. New Asset: Coinbase will add support for Mina (MINA). Inbound […]
The post Coinbase Sparks Crypto Rallies After Listing New Altcoin Project, Adding Staking Support for Ethereum Challenger appeared first on The Daily Hodl.
In what has been a volatile day of trading, MINA is one of the biggest gainers in crypto to start the week. In addition to this, crypto.com coin (CRO) was in the red, despite pulling out all the stops in a Super Bowl ad that featured LeBron James. Biggest gainers A week to the day, […]
On January 5, digital currency markets shed a great deal of value as bitcoin dropped below the $44K handle during the late afternoon (EST) trading sessions on Wednesday. Nearly every coin has shed 24-hour value, but a slew of crypto assets have seen double-digit gains and have managed to stave off the crypto economy downturn. […]
A popular crypto strategist and trader is unveiling his crypto portfolio as we close out 2021, claiming that he snagged one under-the-radar altcoin. Pseudonymous analyst The Crypto Dog tells his 719,500 followers that he’s holding Bitcoin (BTC) and other layer-1 altcoins like Near (NEAR) and Fantom (FTM). “Long BTC (less trades > more profit) DUSK […]
The post Top Analyst Unveils Crypto Portfolio Heading Into 2022, Says He Went Heavy on Little-Known Altcoin appeared first on The Daily Hodl.
The founder of the popular crypto outlet Coin Bureau is analyzing an altcoin that just debuted on the market with a massive $400,000,000 market cap. Mina Protocol (MINA), which launched at the start of the month, is a project crypto investors should keep their eyes on, according to Coin Bureau’s pseudonymous host, who goes by […]
The post This New $400,000,000 Altcoin Project Is ‘Mind-Blowing,’ According to Coin Bureau appeared first on The Daily Hodl.
Novel blockchain platform Mina Protocol (MINA) captures nearly $600 million in valuation shortly after its launch. The self-branded “lightweight” blockchain launched its MINA token on May 31st on CoinList and was listed shortly after on Kraken on June 1st. During its time on the market, MINA hit a high of just over $9.09 with a […]
The post New Crypto Asset Hits $593,000,000 Market Cap at Launch – Here’s the Buzz on Mina Protocol appeared first on The Daily Hodl.
Mina, the world’s lightest blockchain, has launched its mainnet.
Backed by leading venture funds like Coinbase Ventures, Three Arrows, and Polychain, the Mina protocol leverages zk-SNARKs for scalability. This technology allows the chain to always remains 22kb–the size of a couple of tweets.
Since its inception in 2015, the Ethereum blockchain size has grown over 200GB in transactional data, as per Blockchair. The Bitcoin blockchain is much larger and growing fast.
Instead of saving every transaction, Mina’s zk-SNARKs innovation compresses the chain into a small proof and distributes this proof for validation.
With the mainnet launch, developers will leverage the protocol to build scalable apps, which the team calls “SNARK-powered applications (Snapps).” Snapps will bank on Mina’s unique ability to connect to any website and use web data with the blockchain in a privacy-preserving manner.
According to Evan Shapiro, CEO and co-founder of O(1) Labs, the creators behind Mina, the mainnet features allow developers to build a “seamless gateway to privately connect the real world with crypto.”
Besides the mainnet release, the team has organized a community sale of native MINA tokens in partnership with crypto exchange CoinList. This includes 75 million tokens or 7.5% of the initial distribution of 1 billion tokens offered to non-US persons only.
