Crypto / Tokens · May 31, 2021 1

Mina Protocol – An Interesting Concept

Quick Thoughts

The Mina Protocol project claims that it’s the world’s lightest blockchain – the entire blockchain will be about 22kb and uses Proof-of-stake to reach consensus.

Now we all know that “Size Doesn’t Matter”, but if the Mina protocol is able to create a blockchain that is small and light, this would mean that syncing and verifying the network could be done using the simplest of devices – a neat concept considering the size of the Ethereum and Bitcoin blockchains

The private sale took place on Coinlist in April, and it will be available on Kraken exchange starting tomorrow, June 1st.

My thoughts

This is definitely a project to keep an eye on, and if you’d like to learn more, check out Coinlist’s deep dive into Mina.

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