We are thrilled to announce that deposits and withdrawals for Mina (MINA) are now open.
Trading will launch June 1 at approximately 00:00 UTC.
Please note that if you participated in the Coinlist sale, you will be able to deposit MINA to Kraken once they enable withdrawals which should be sometime after June 1 at 00:00 UTC.
Note: MINA trading is not available for citizens of the US, Canada, Japan and Australia at this time.
What is the Mina Protocol?
O(1) Labs developed the Mina Protocol in 2017 and created what it refers to as the first ever “compressed” blockchain platform. This means that the entire blockchain is roughly 22kb in size, equivalent to the size of a few tweets. Mina thus provides a low barrier to entry to those who wish to operate a node and validate transactions.
Mina’s blockchain is built to maintain its size, regardless of the amount of people accessing it or its years of transaction history, using a technology called zero knowledge proofs (zk-SNARKs). zk-SNARKs are micro-crypto certificates stored by nodes and used to verify transactions in a private and efficient manner, allowing nodes to not have to store the entire chain.
Mina is a proof-of-stake protocol for programmable payments, apps, permissionless privacy and is secured cryptographically. Its MINA cryptocurrency can be used by holders to help govern the ecosystem and for payments within the applications.
One of the most anticipated projects of the industry to date, Mina raised a total of $18.75 million during its token sale on Coinlist in only four hours.
Project website: https://minaprotocol.com
What time will funding and trading start?
- Funding: Deposits and withdrawals are now enabled
- Trading: Starts Tuesday, June 1 at approximately 00:00 UTC (Kraken will enable order entry and execution at this time)
- Updates will be posted on the status page near launch time
How to deposit
- Navigate to “Funding” >…