Mina Protocol

Anyone seen this? I literally just found it after it listed on Coinbase.

Sounds very promising. The lightest blockchain available at 22kb; sounds very scalable to mobile devices.

Thoughts?

Website: minaprotocol.com/community

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nothing is happening on this chain and it's valued at 2B

From what I gathered, they recently raised $92 million from investment funds to accelerate adoption of this zero-knowledge protocol they have.

Currently reading through the whitepaper to learn more.

bought into it last year

youre late

Have never seen talk about this before. What price did you get in?

whats special with this chain? how do i use it? what are the fees and transaction times? anything being built on it?

From what I have gathered so far reading around:
>Lightest blockchain to-date, 22kb in size (compared to Bitcoin, which is currently 250GB in size)
>It uses a consensus called SNARK that basically verifies a user transaction based on data on their device rather than storing the data directly on the blockchain

The white paper is heavily computer science jardon which is over my head, but if it does what it claims and it's valid, it could be well applicable to mobile-basis

Seems they're building applications for it at the moment too

>The white paper is heavily computer science jardon
yeah, i gave it a quick glance and it was all gibberish to me. i guess i will just have to keep an eye on the ecosystem progress and give it a go once theres anything on it to even use

shit is looking pre-pumped as fuck
insiders knew this was getting a listing
*if* it's a good buy, then buy the dip
not now

user i think it is a good buy

>From what I have gathered so far reading around...
Translation: Based on what the shilling points I was given say...

Yeah same here. Eyeing the chart; got the Coinbase listing today so it seems to be following the classic "sell the news" outcome. If the market takes another dip, I'm thinking of getting some if it's ~$2, seems like a sweet spot.

What's your opinion on it? Or were you just trading it?

Initially I'm planning to stake all of it.
But i had a bad user experience especially from the coinlist distribution and it's so fucking slow. And the price action was going down ever since. 1-2$ is a good price point though.

The one thing I've been thinking could be a problem with it (not very computer science savy but a thought nonetheless).

If their protocol relies on something that checks if a user performing a transaction has the data instead of directly storing it, surely a hacker could deploy some sort of decoy that appears as a genuine user, and gain access to exploit the blockchain?

I saw a couple threads last year and I made a few myself, no one really replied to them.

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FTX investing in it piqued my interest, I'm surprised how under the radar this seems to be

their are many coins which are under the radar user, seems like you found on of them

this is a good long term hold

their are many coin which i have under my radar which includes mina too

told biztards to load up a week ago. they didn't listen of course, now it's +60% from when I posted picrel. Next listing will be FTX. This coin will be the next moonshot. and no you're not too late.

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iirc scarily inflationary token