Mina Protocol will participate in the 'Privacy x Verifiability Conference' in Lausanne on March 7

2025-03-06 01:47:31

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Mina Protocol will participate in the ‘Privacy x Verifiability’ conference organized by the EPFL Blockchain Student Association in Lausanne on March 7.

The conference will focus on topics such as data privacy, digital confidentiality, and blockchain scalability, with developers from Mina participating in the discussions.

For more detailed information, you can check in the official MINA tweet:

Information about MINA

Mina Protocol is a layer one protocol designed to provide scalability and privacy for a distributed network. The protocol uses zk-SNARK (zero-knowledge succinct non-interactive arguments of knowledge) technology, allowing it to be referred to as one of the ‘light’ cryptocurrencies with a compressed blockchain of (22 KB).

Instead of storing the full blockchain data, Mina Protocol network participants store only proofs of transaction confirmations. This mechanism allows any device, even a mobile one, to become a full node in the Mina network, significantly lowering the entry barrier and increasing decentralization.

The Mina network is secured by a proof-of-stake consensus (Proof-of-Stake, PoS) called Ouroboros Samisika.

Based on Ouroboros, created by Cardano, Ouroboros Samisika represents a PoS consensus mechanism that requires much less computational power than the Proof-of-Work algorithm (Proof-of-Work, PoW) Bitcoin.

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