Welcome to our weekly recap of all things Mina Protocol! The community is buzzing with renewed confidence as numerous projects are under development. Let’s dive into the latest updates and highlights.
MinaProtocol: News of the Week
Main Grant Application: Report on Tokenomics
The Mina Foundation has enlisted Economic Design (https://x.com/EconsDesign) to develop a comprehensive report on the tokenomics of the Mina protocol. This is promising news for investors and $MINA holders, hinting at a potential decrease in inflation. The detailed analysis will provide insights into the economic framework of the protocol, ensuring sustainable growth and stability for the ecosystem.
Updates on Mina Navigator Proposals
Proposals Under Consideration
- Paima Engine Model: This proposal is currently open for public comment until July 31, 2024. It aims to enhance the scalability and efficiency of Mina’s blockchain infrastructure.
- BlockBerry – Mina Security API: Open for public comment until August 1, 2024. This proposal focuses on improving the security of Mina Protocol through an advanced API.
Funded Proposals
- Smart Contracts Portfolio – Account Abstraction: This initiative aims to simplify the user experience by abstracting complex account operations, making it easier for developers to create and manage smart contracts.
- zkDatabase as a Service: A groundbreaking project that provides database services utilizing zero-knowledge proofs, enhancing privacy and security for data storage and transactions.
Milestone Verification/Delivery
- zkNoid L1 Lottery: A unique lottery system leveraging layer 1 blockchain technology and zero-knowledge proofs to ensure fairness and transparency.
- ZK Regex in o1js (Enhancements): Significant improvements to the o1js library, incorporating regular expressions powered by zero-knowledge proofs for more efficient data handling.
Governance News
In “Think and Grow Rich” by Napoleon Hill, one of the first points discussed is collective intelligence, where two brains together create a third, more powerful brain. This concept is beautifully illustrated in Mina’s approach to building a hive mind through collective intelligence. Read more about it here: Building Mina’s Hive Mind Through Collective Intelligence.
Ecosystem News
New Version of Protokit (@proto_kit)
Great news for developers! The latest version of Protokit includes several updates:
- Upgrade to o1js >= 1.1.0: Ensuring compatibility with the latest version of the o1js library.
- API is now asynchronous: Improving performance and efficiency for developers.
- DevOps integration: Enhanced tools for persistent databases and deployment via Docker.
- Performance enhancements: Various improvements to optimize the user experience.
- Numerous bug fixes: Addressing issues to ensure a smoother development process.
For more details, visit: Protokit.
Click & Mo (@ClickAndMoo)
Paima Studio has created a new decentralized idle game called Click & Mo, which integrates Mina Protocol’s recursive SNARKs and is set on Arbitrum. The game is expected to launch in Q4. Stay updated by following them on Twitter. This innovative game combines elements of blockchain technology with engaging gameplay, promising a unique experience for players.
AtlasPad (@AtlasPad) Milestone and Partnerships
AtlasPad has reached a milestone of 2,500 followers on Twitter and announced several exciting partnerships:
- Aipocalypto: A Web3 immersive game set in a cyberpunk world with intense PvP fights. More info
- Pefi: Combining NFT, DeFi, and GameFi for a viral game inspired by Pepe. More details
- Orbler: A Web3 platform for bridging the Web2 audience. More information
- OnlyLayer: A zk Layer 2 innovation for scaling. More info
- Volaris Games: Pioneers of interchain solution gaming. More info
- CryptoPia: A next-generation multi-chain platform exploring the limits of gaming. More info on their Twitter.
- NW FIT: An AI-powered fitness application that combines fitness with walk-to-earn mechanics. Time to get back into sports. More info
ZKON Network News (@zkon_network)
- Open Source Announcement: ZKON is now open source, promoting transparency and building confidence. More info
- European Blockchain Convention: ZKON has been recognized as a top 50 project, showcasing Mina’s capabilities. Congratulations to the ZKON team.
- Data Transmission: Learn more about data transmission in their latest article: ZKON Article
Community Highlights
Yasin (@dinaturalist)
Yasin has started a series called “zkIgnite Project Highlight,” featuring an interesting and comprehensive thread about @ChainIDE. Check it out here: zkIgnite Project Highlight. This series aims to shine a light on innovative projects within the Mina ecosystem, providing detailed insights and fostering community engagement.
Vanshika (@ThisisVanshika)
Vanshika is testing ID Mask, the first step of zkproof for identity. This project focuses on enhancing privacy and security in digital identities using zero-knowledge proofs. You can see the test here: ID Mask Test.
Kurt Hemmecker (@khem)
The CEO of Mina Foundation discussed the future of blockchain and zero-knowledge in an interview with Smart Economy. Topics included the potential of zero-knowledge proofs in enhancing privacy and security, as well as the future direction of Mina Protocol. Watch the full interview on YouTube: Smart Economy Interview.
Evan Shapiro (@evanashapiro)
Evan Shapiro shared a beautiful explanation of the future of the Internet on CryptoAltruism. He emphasized the importance of decentralized technologies and the role Mina Protocol plays in creating a more secure and private web. #httpz is coming with Mina. Check it out here: CryptoAltruism Interview.
Illya (@illyaGera)
Illya created a thread discussing privacy, voting, and 22kb of MinaProtocol. In this thread, he dives into how ZK-powered smart contracts and selective disclosure enable use-cases that are infeasible on architectures such as the EVM. This highlights the unique capabilities of Mina Protocol in addressing complex privacy and security challenges. Read the thread here: Illya’s Thread.
Stay tuned for more updates and keep contributing to the vibrant Mina community! Don’t forget to follow @0xJayS_eth on twitter for support his works.
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