Friday, February 3, 2023

This blockchain only needs 22 KB of data to be verified By Cointelegraph


This blockchain only needs 22 KB of data to be verified

Mina aspires to be the world’s tiniest blockchain, with claims that its protocol maintains a constant size of around 22 kilobytes. This is ostensibly achieved by using recursive zk-SNARKs — the same technology that is used by the privacy-centric cryptocurrency Zcash (ZEC). However, whereas the latter utilizes this technology to provide greater privacy to its users, the former employs it for scalability.

A zk-SNARK, which stands for zero-knowledge succinct noninteractive argument of knowledge, allows a party to prove that they have possession of certain information without revealing what that information is. It is similar to how a smartphone can recognize its owner without storing the person’s actual identity data.

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