Mina Protocol: A Technical Overview
Quick Take
- Mina protocol uses recursive zero-knowledge proofs to maintain a small blockchain size
- The current size of the entire Mina blockchain is 22kb, although the actual on-chain size is closer to 11kb
- Mina uses a modified version of the Ouroboros protocol, the proof of stake consensus developed by IOHK and is used by Cardano
- Unlike typical blockchains, Mina’s nodes do not host the entire blockchain’s history
- There are still various challenges that have not been addressed, such as the low transaction throughput, the lack of applications and developers, as well as limited smart contract capabilities
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Author: Arnold Toh