Thread by @minasism_

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Solutions for Mina Scalability Problem

Mina is the world’s lightest blockchain with decentralization and privacy orientation …BUT…The trade-off is “Mina is super LOW - 1TPS specifically”

So How Mina Foundation can deal with the scalability problem?

FIND OUT👇👇

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Where we are:

At this moment, @MinaFoundation @MinaFoundation highly focuses on 2 things:

- Down block size from 22kb to 11kb

- Lower hardware requirement so a smartphone can be a full-node validator

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Besides, Pillars of a blockchain infrastructure are intensely underdeveloped such as zkBride, zkOracle, zkApp SDK, zkRollup...
minaprotocol.com/blog/mina-ecos…

So, how about scaling solutions?

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MINA team shared from the beginning, TPS is never a central problem they want to solve, especially at an early stage. That's why Mina TPS now is too slow even compared with #Bitcoin
twitter.com/hashtag/Bitcoi…

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What this team really focuses on is ScaDe and they are just ready to scale this blockchain until all things in the roadmap are done

minaprotocol.com/blog/solving-t…

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AND surely they have a plan for that. Below are what I think they will implement to deal with its scalibility problem

1. Protocol Upgrade

- Increase block-size (store more transactions) or decrease the amount of time generating block

- Upgrader & optimize its consensus

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2. Rollup at each zkApp

#Layer2 twitter.com/hashtag/Layer2… on @ethereum @ethereum gathers 100-1000 transactions, then compresses them into 1 with proof sending to L1. @MinaProtocol @MinaProtocol will do the same but all the rollup process is performed in L1

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This will higher transaction speed from 50 - 100 times compared to current ones.

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3. L2 Scaling

Some of Dapps can be built on their own specific L2 such as @dYdX @dYdX, @Immutable @Immutable,... on #StarkEx twitter.com/hashtag/StarkE… Technology. This allows those Dapps can run their functions smoothly at great speed.

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It’s not impossible for zkApps to do the same in the future.

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4. Solana & Cosmos Fork

Mina considers forking some L1s and then uses them like a #Layer2 twitter.com/hashtag/Layer2…

All in all, @MinaProtocol @MinaProtocol is a potential blockchain with a great team aimed at privacy and decentralization:

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- They build a blockchain with a future tech zero-knowledge

- They travel around the world to support devs in approaching new tech

- They also have been backed by long-term Tier 1 VCs

Really hope to see the next move of MINA