1,
#MinaProtocol is one of the few L1 choosing zero knowledge to develop their blockchain. Mina is also famous as the world’s lightest blockchain that maintains a constant size of just 22 kB - equal to 1-2 tweets, regardless of how many transactions are committed to the network.
#MinaProtocol is one of the few L1 choosing zero knowledge to develop their blockchain. Mina is also famous as the world’s lightest blockchain that maintains a constant size of just 22 kB - equal to 1-2 tweets, regardless of how many transactions are committed to the network.
2,
Even taking the same starting point as Near and Solana, Mina Protocols now is still under the development of blockchain infrastructures. The main reason is the difficulty of integrating zero-knowledge tech into the blockchain.
Even taking the same starting point as Near and Solana, Mina Protocols now is still under the development of blockchain infrastructures. The main reason is the difficulty of integrating zero-knowledge tech into the blockchain.
3,
In Q3, besides many positive moves, Mina also has some delays in the roadmap.
Below are details of Mina's Activities in Q3:
1. zk-Bridge: Delay to early Q4.
zkBridge, formerly named ETH Bridge, is the two-way bridge that connects Mina to other chains such as Ether,
In Q3, besides many positive moves, Mina also has some delays in the roadmap.
Below are details of Mina's Activities in Q3:
1. zk-Bridge: Delay to early Q4.
zkBridge, formerly named ETH Bridge, is the two-way bridge that connects Mina to other chains such as Ether,
4,
Solana, Near Protocol, and Cosmos,... developed by @nil_foundation. It was the main topic among the community in Q3 after some auditing leaks and soon zkBridge launching became one of the most expected events in Q3 of Mina Community. However, maybe nil_ do need more time
Solana, Near Protocol, and Cosmos,... developed by @nil_foundation. It was the main topic among the community in Q3 after some auditing leaks and soon zkBridge launching became one of the most expected events in Q3 of Mina Community. However, maybe nil_ do need more time
5,
for a perfect product before launching.
2. zk-Apps: Stick in the roadmap with a bit of delay
We got the road of zkApps: Initial Testing -> Berkeley QANet -> Berkeley Testnet Alpha -> Berkeley Incentivized Testnet -> Mainnet
Berkeley Testnet Alpha was planned for Sept.
for a perfect product before launching.
2. zk-Apps: Stick in the roadmap with a bit of delay
We got the road of zkApps: Initial Testing -> Berkeley QANet -> Berkeley Testnet Alpha -> Berkeley Incentivized Testnet -> Mainnet
Berkeley Testnet Alpha was planned for Sept.
6,
After its success, we will move to Berkeley Incentivized Testnet, the last stage before the official mainnet. At this moment, we have not received any specific date yet.
3. zkApps SDK framework: Continue in the process of upgrading and finishing
zkApps SDK is adding more
After its success, we will move to Berkeley Incentivized Testnet, the last stage before the official mainnet. At this moment, we have not received any specific date yet.
3. zkApps SDK framework: Continue in the process of upgrading and finishing
zkApps SDK is adding more
7,
resources supporting zkApps builders. Besides, we also got “pioneer” zkApps: Vaultmi, Harpo, Keyppi, Zkredit, Mastermind, MinaSnap, Flexergy, Minataur,...
resources supporting zkApps builders. Besides, we also got “pioneer” zkApps: Vaultmi, Harpo, Keyppi, Zkredit, Mastermind, MinaSnap, Flexergy, Minataur,...
8,
4. Non-consensus Nodes: As the Q2 plan, it should be done in Q3. However, it was delayed to Q4. The team also launched a new proof called proof of concept.
4. Non-consensus Nodes: As the Q2 plan, it should be done in Q3. However, it was delayed to Q4. The team also launched a new proof called proof of concept.
9,
5. zk-Oracle: got 2 developed phases
Phase 1: Q4/2022 provide short-term solutions provide off-chain data to zkApps.
Phase 2: Q1/2023 fully completed functions as an oracle.
Even zk-Oracle has some developments in Q3 but there is maybe a quarter of delay in planned time.
5. zk-Oracle: got 2 developed phases
Phase 1: Q4/2022 provide short-term solutions provide off-chain data to zkApps.
Phase 2: Q1/2023 fully completed functions as an oracle.
Even zk-Oracle has some developments in Q3 but there is maybe a quarter of delay in planned time.
10,
6. zk-Rollup: this is the highlight in the Q3 report of Mina Protocol when making a clear plan to scale up its blockchain via zk-Rollup.
Not any specific news about zkRollups published yet. Seems that Mina will use zkFusion with Proof-of-Concept (a Layer 2) for zkRollups.
6. zk-Rollup: this is the highlight in the Q3 report of Mina Protocol when making a clear plan to scale up its blockchain via zk-Rollup.
Not any specific news about zkRollups published yet. Seems that Mina will use zkFusion with Proof-of-Concept (a Layer 2) for zkRollups.
11,
We will have more information about this Layer 2 in Q4 and of course, it will take a lot of time for development.
Otherwise, in Q4/2022 O1 Labs will publish its own technology so everyone can implement it on their own projects.
We will have more information about this Layer 2 in Q4 and of course, it will take a lot of time for development.
Otherwise, in Q4/2022 O1 Labs will publish its own technology so everyone can implement it on their own projects.
12,
Overall, we can see many infrastructure stacks of Mina were delayed than expected. However, there will be some highlights, especially the developments of zkApps. This is the result of the series of offline events for devs - ZkConnect around the world.
Overall, we can see many infrastructure stacks of Mina were delayed than expected. However, there will be some highlights, especially the developments of zkApps. This is the result of the series of offline events for devs - ZkConnect around the world.
13,
From our view, Mina Protocol is still in the early stages of development with building primitive infrastructure stacks. For those who compared Mina with L1 such as Near or Solana, which started at the same time, zero-knowledge tech is very hard and needs tons of time &
From our view, Mina Protocol is still in the early stages of development with building primitive infrastructure stacks. For those who compared Mina with L1 such as Near or Solana, which started at the same time, zero-knowledge tech is very hard and needs tons of time &
14,
effort to research, deploy, fail and fix
=> However, it’s much potential and future tech that Web 3.0 must have
Vitalik also shared: “In more than 10 years from now or even more, I expect the Rollups to basically be all ZK.” as a strong proof of the potential of Zk tech"
effort to research, deploy, fail and fix
=> However, it’s much potential and future tech that Web 3.0 must have
Vitalik also shared: “In more than 10 years from now or even more, I expect the Rollups to basically be all ZK.” as a strong proof of the potential of Zk tech"
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