Mina Crypto (MINA) — A Light and Powerful Contender
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From Ethereum to Tendermint, most blockchains start out small, but can grow to thousands of gigabytes over time. In a blockchain, the degree of architectural decentralization increases with the number of nodes responsible for validating network transactions. In a typical blockchain, every new block that’s added to the chain makes it more expensive to operate a full node. A bridge between the real world and crypto, Mina Protocol is looking to revolutionize the blockchain industry with groundbreaking technology that promises cheaper transactions at lightning speeds.
What Is the Mina Protocol?
Formerly named Coda Protocol, Mina Protocol is currently the lightest blockchain in the world. Unlike cryptocurrency platforms such as Ethereum and Bitcoin, Mina’s size remains constant regardless of the number of transactions made on it. Today, Mina’s blockchain size is 22 KB, the same size as when it first started out. In comparison, the size of the BTC blockchain was 1.93 GB in June 2012, but has since ballooned to about 360 GB as of October 10, 2021.