Term of the Moment


Look Up Another Term

Definition: Mina

A smart contracts blockchain that preserves privacy because only proofs of data are stored rather than the data. Introduced in 2021, instead of gigabytes and ever expanding, the Mina blockchain is fixed at 22KB. Using Mina's Web oracles, Mina privately interacts with any Internet-connected website, and a major application for Mina is a central login for all websites.

SNAPPs (SNARK-Powered dApps)
Pronounced "mee-na," Mina's privacy-preserving smart contracts use zk-SNARK zero-knowledge proofs, and Mina coined the term SNAPPs for its dApps. The native crypto is MINA, and a Mina-to-Ethereum bridge is in development. See blockchain oracle and zero-knowledge proof.