Mina rose 33% to $0.855 within 24 hours after the release of the OpenMina node browser definition.

Since January 8, MINA has been on an upward trend, reflecting the overall upward trend of the encryption market. However, the market price broke out on January 25, and the daily candle price rose 34% to the maximum of US $0.741. The stock closed at $0.687 on the same day, and managed to hold most of the increase.

After the next three sales days, Mina duo returned on January 29, pushing the price up by 23%. On January 30, the price fell to $0.951, a new record of 24 weeks.

Everyone can operate nodes according to the browser

On January 26, Mina announced the release of OpenMina, a web node browser definition, in collaboration with Viable Systems. The accessibility of this concept is expected to attract more node network operators, thus improving the penetration of the network.

Evan Shapiro, CEO of Mina Charity Foundation, said that the government procurement process is the "core concept" of the project. According to the node participation through the web browser, he expects the nodes to improve, thus improving the decentralized security of the network.

"Blockchain technology has always been the core value of Mina ecosystem. It can improve the blockchain technology and thus improve the security of all green ecosystems by allowing node level Mina network to participate."

OpenMina avoids the obstacles to the actual operation of nodes, including the investment in expensive hardware configuration projects and complex professional technology settings, so that blockchain nodes can operate through browsers such as Chrome or Firefox.

The minimum configuration requirements represent that OpenMina can operate in mobile phones.

What is Mina?

In October 2020, Mina was renamed from the Koda Protocol. However, the purpose of this project is to "exchange" traditional and huge blockchain settings to support data encryption and verification.

The industry report describes the application of zero-knowledge proof to build "the most ideal blockchain architecture design". For traditional blockchains, such as Bitcoin and Ethercoin, the accumulation of databases has resulted in hundreds of gigabytes of chains, but these chains can only be improved over time.

"Mina is a Tier 1 blockchain with a 22KB blockchain and a zero-knowledge blockchain smart contract (" zkApps ") organized by TypeScript."

The difference of Mina is that its blockchain is maintained at 22 kilobytes. According to the Ouroboros Samisika equity certificate consensus mechanism based on Cardano, it can authenticate the consensus of the current network.

This applies to zero-knowledge concise non-interactive professional knowledge statements (zk-SNARKs), which bring the data encryption verification of the verified database, and do not leak the data, but can still track the source block, and then record the network situation.