
Mina Protocol to Participate in Privacy x Verifiability Conference in Lausanne on March 7th
Mina Protocol will participate in the Privacy x Verifiability Conference hosted by the EPFL Blockchain Student Association in Lausanne on March 7.The conference will focus on topics such as data confidentiality, digital privacy, and blockchain scalability, with Mina developers contributing to the discussions. Refer to the official tweet by MINA: Curious about data confidentiality, digital privacy, or blockchain scalability?Join at the Privacy x Verifiability Conference hosted by the EPFL Blockchain Student Association this Friday! 🇨đź‡Register now: MINA InfoMina Protocol is a Layer 1 protocol designed to provide scalability and privacy in a distributed network. The protocol utilizes zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge) technology, which allows it to be called the lightest cryptocurrency protocol with a compressed blockchain (22 KB). This constant value makes it incredibly compact compared to other blockchains.Instead of storing the full blockchain data, participants in the Mina Protocol network only store transaction validation proofs. This enables any device, even mobile ones, to become a full node in the Mina network, significantly reducing the entry barrier and increasing decentralization.The Mina network is secured by proof-of-stake (“PoS”) consensus called Ouroboros Samisika.Based on Cardano’s Ouroboros, Ouroboros Samisika is a PoS consensus mechanism that requires far less computing power than Bitcoin’s proof-of-work (“PoW”) protocol.