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جمعه 22 مهر 1401, 18:15 عصر
What is Mina protocol? (https://coincupdaily.com/what-is-mina-protocol/) (MINA)
The Mina protocol aims to be a lightweight blockchain that has a fixed size of only 22 KB regardless of the number of transactions committed to the network. This size should also allow anyone to set up a node and help secure the network without the need for complex computer hardware.Mina (https://minaprotocol.com/) aims to make the entire blockchain even smaller than the pictures on your phone, overcoming the blockchain size issues that have plagued other projects as they have grown. Mina Protocol’s native digital currency, MINA, is used to facilitate network transactions and distribute fees among users.As blockchain technology has grown in popularity, the number of transactions stored on most platforms has increased significantly. For example, Ethereum’s blockchain (https://coincupdaily.com/what-is-ethereum-2) was just over 5 GB in April 2016, but has grown to over 220 GB by April 2021. During these five years, millions of transactions were broadcast to the blockchain.Given that blockchains are decentralized ledgers of historical transactions, running a node requires more computing power and energy as the blockchain grows. This has often made it more difficult for ordinary users to participate in the maintenance of the blockchain. Many feel that this opens up the blockchain to the risk of centralization, as those with the most computing power are more efficient at managing large chain sizes.
https://coincupdaily.com/what-is-mina-protocol/
The Mina protocol aims to be a lightweight blockchain that has a fixed size of only 22 KB regardless of the number of transactions committed to the network. This size should also allow anyone to set up a node and help secure the network without the need for complex computer hardware.Mina (https://minaprotocol.com/) aims to make the entire blockchain even smaller than the pictures on your phone, overcoming the blockchain size issues that have plagued other projects as they have grown. Mina Protocol’s native digital currency, MINA, is used to facilitate network transactions and distribute fees among users.As blockchain technology has grown in popularity, the number of transactions stored on most platforms has increased significantly. For example, Ethereum’s blockchain (https://coincupdaily.com/what-is-ethereum-2) was just over 5 GB in April 2016, but has grown to over 220 GB by April 2021. During these five years, millions of transactions were broadcast to the blockchain.Given that blockchains are decentralized ledgers of historical transactions, running a node requires more computing power and energy as the blockchain grows. This has often made it more difficult for ordinary users to participate in the maintenance of the blockchain. Many feel that this opens up the blockchain to the risk of centralization, as those with the most computing power are more efficient at managing large chain sizes.
https://coincupdaily.com/what-is-mina-protocol/