Latest Mina Protocol Updates: July 14 2024

Jul 14, 2024

The Mina community has been buzzing with activity throughout July, with numerous events, workshops, and discussions highlighting the latest developments and collaborations within the ecosystem. Here’s a comprehensive roundup of the key happenings. Thanks to Jay and AstroMina for help with collating the content.

Class Lambda Hack Week – Mina Workshop

During the Class Lambda Hack Week, Yunus Guerlek, a previous winner, returned to lead a Mina Protocol workshop. His insights into Mina Protocol and Node 101 captivated attendees, showcasing the latest advancements and future directions. It’s inspiring to see past participants come back as influential leaders.

Alternative Layer 1s Using ZK – Fireside Chat at House of ZK

A major event at EthCC Week was the fireside chat at House of ZK. Industry experts from Mina Protocol, O(1) Labs, Project ZK, StarkNet, Aleo, and Cysic discussed the potential of Zero-Knowledge (ZK) technology in Layer 1 protocols. This panel highlighted the innovations and future possibilities of ZK in enhancing blockchain scalability and privacy.

zkVMs Panel at Optimism Gathering

The Optimism Gathering featured a panel on zkVMs with sharp teams from Risc Zero and Mina Protocol. Key updates were shared by Phil Kelly and Steven Li, moderated by DCbuild3r. The discussion focused on integrating ZK technology into the OP Stack, emphasizing its importance for future developments.

Workshop: Introduction to o1js

ZKP Labs Vietnam hosted a workshop on o1js, a powerful TypeScript library for zk-SNARKs and zkApps designed by O(1) Labs. Led by Chiro8x, founder of Orochi Network, and David from Mina Foundation, the workshop delved deep into the functionalities and applications of o1js in the Mina ecosystem.

Core Protocol Community Call

The Core Grants program held a community call on July 11, 2024. The Mina Foundation team provided updates on recent RFCs & RFPs, the Fungible Token Standard, and ZKML. This call was a crucial update for community members, keeping everyone informed about the latest protocol developments.

Statistics and Metrics

Key statistics for July include:

  • Total Amount Transferred (daily average): 7.77M MINA
  • Unique Snark Workers (daily average): 7
  • Snarks Included (daily average): 9,381
  • Transactions (daily average): 7,969

For more detailed metrics, visit CryptoMiso.

Mina’s Latest Developments and Achievements

  • zkIgnite Cohort 2 Wrap-Up: Mina recently celebrated the wrap-up of the zkIgnite Cohort 2. This initiative has been crucial in fostering innovation and development within the community. Original Tweet
  • Mina Community Call Highlights: The latest community call covered several significant updates, including the progress on zkApp projects and upcoming events. Original Tweet
  • Aligned Layer Partnership: Mina Protocol partnered with Aligned Layer. O(1) Labs CEO, BKase, discussed the impact of verifying Mina proofs on Ethereum in an X Space session. This partnership promises significant advancements and unlocks new potential for Mina on Ethereum.
    Listen Again Here

The Mina community continues to thrive, with numerous events and initiatives driving innovation and collaboration. From workshops and panels to community calls and detailed metrics, July has been a month of significant progress and engagement.