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<div id="textarea-bg-text" class="textarea-bg-text small-font">Upbit is a relatively new South Korean C2C exchange, launched by Dunamu, a fintech company owned by Kakao, South Korea's largest instant messaging software developer, which, in partnership with Bittrex, provides Upbit with a wide variety of cryptocurrency transactions. In addition, the Upbit platform also has advanced blockchain technology, professional regulatory knowledge and rich operational know-how. Over the years, it has been providing users with safe and user-friendly services.</div>
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Mina Protocol

<p class="ql-long-58030660"><span class="ql-size-13 ql-font-microsoftyahei ql-author-58030660">Mina is a "lightweight" smart contract platform that aims to become a global payment system. Solve the scalability problem existing in existing blockchains, where the cost of validating the blockchain grows proportionally to the total transaction throughput. In these cases, the cost of running a network node can end up exceeding the resources available to most real-world users.</span></p>
<p class="ql-long-58030660"><span class="ql-size-13 ql-font-microsoftyahei ql-author-58030660">The goal of Mina is to design a decentralized payment system that can efficiently verify the history of the system from genesis without relying on any external information. This is achieved through the following properties:</span></p>
<ul>
<li class=""><span class="ql-size-12 ql-font-microsoftyahei ql-author-58030660">The concept of "succinct blockchain".</span></li>
<li class=""><span class="ql-size-12 ql-font-microsoftyahei ql-author-58030660">Generic functions are modeled as replicated state machines using incrementally computable SNARKs.</span></li>
<li class=""><span class="ql-size-12 ql-font-microsoftyahei ql-author-58030660">A concrete implementation of a payment system called Mina.</span></li>
<li class=""><span class="ql-size-12 ql-font-microsoftyahei ql-author-58030660">Ouroboros Samasika, a provably secure PoS consensus protocol with adaptive security and bootstrapping from genesis.</span></li>
<li class=""><span class="ql-size-12 ql-font-microsoftyahei ql-author-58030660">The state is scanned in parallel to improve transaction confirmation times beyond the limits imposed by proof construction.</span></li>
<li class=""><span class="ql-size-12 ql-font-microsoftyahei ql-author-58030660">Perform performance evaluation reports for protocols involving public communities.</span></li>
</ul>
<p class="ql-long-58030660"><span class="ql-font-microsoftyahei ql-size-13 ql-author-58030660">Typically, as the blockchain scales, validating data on the blockchain becomes more and more onerous, leading to a centralization of validators. Mina hopes to avoid this limitation by utilizing what the team calls a succinct blockchain, which requires constant time and data to verify the current state of the world (20 KB/10 milliseconds).</span></p>
<p class="ql-long-58030660"><span class="ql-size-13 ql-font-microsoftyahei ql-author-58030660">Succinct blockchains are implemented by recursive combinations of zk-SNARKs using constant-size proofs computed in arbitrary increments. This means that the complexity of a verification chain is independent of its size, yet users can easily and actively participate in the network. Instead of keeping the entire chain, users simply use SNARKs (Succinct Non-Interactive Arguments of Knowledge) to maintain the current state, proving its existence.</span></p>
<p class="ql-long-58030660"><span class="ql-size-13 ql-font-microsoftyahei ql-author-58030660">This allows Mina to scale to thousands of transactions per second, and requires orders of magnitude less resources to maintain than PoW blockchains.</span></p>

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<p>Co-Founder</p>
<p>Evan Shapiro is CEO of Mina Protocol and CEO of O(1) Labs.</p>
<p>Evan graduated from Carnegie Mellon with a BS in computer science. He then obtained his research MS while working in the CMU Personal Robotics Lab, where he did research for the HERB robotics platform. He has also worked as a software engineer for Mozilla.</p>

Evan Shapiro

<p>Co-Founder</p>
<p>Izaak Meckler is a mathematician and computer scientist. Most recently, he was a PhD student studying cryptography at UC Berkeley. Prior to that, he worked as a software engineer at trading firm Jane Street, and has contributed to numerous open source projects including the Elm compiler.</p>

	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Binance	1	Binance	MINA/USDT	0.55960000	-0.59%	$5,222,515.52	11.0053%	2024-10-18 10:27:56
2	Upbit	2	Upbit	MINA/KRW	762.00	-0.65%	$4,214,883.85	8.8819%	2024-10-18 10:19:04
3	Gate.io	3	Gate.io	MINA/USDT	0.55990000	-0.55%	$1,301,463.85	2.7426%	2024-10-18 10:26:17
4	OKX	4	OKX	MINA/USDT	0.56080000	-0.41%	$1,087,435.12	2.2915%	2024-10-18 10:27:19
5	Bitget	5	Bitget	MINA/USDT	0.55970000	-0.59%	$787,497.4	1.6595%	2024-10-18 10:25:56
6	HitBTC	6	HitBTC	MINA/USDT	0.55860000	-0.94%	$447,304.36	0.9426%	2024-10-18 10:23:54
7	KuCoin	7	KuCoin	MINA/USDT	0.55960000	-0.64%	$263,378.91	0.5550%	2024-10-18 10:28:19
8	Bitget	8	Bitget	MINA/USDC	0.55970000	-0.67%	$257,932.23	0.5435%	2024-10-18 10:28:00
9	MEXC	9	MEXC	MINA/USDT	0.56000000	-0.53%	$196,174.2	0.4134%	2024-10-18 10:28:21
10	Kraken	10	Kraken	MINA/USD	$0.5590000000000001	-1.06%	$126,954.15	0.2675%	2024-10-18 10:23:24
11	BingX	11	BingX	MINA/USDT	0.56020000	-0.69%	$93,260.06	0.1965%	2024-10-18 10:28:06
12	CoinW	12	CoinW	MINA/USDT	0.55950000	-0.66%	$76,756.48	0.1617%	2024-10-18 10:26:56

	Volume(24H)	Trading Percent
OKX	OKX	$1,096,492.09	4.6094%	Visit
Binance	Binance	$5,260,789.06	22.1151%	Visit
Kraken	Kraken	$153,932.75	0.6471%	Visit
Gate.io	Gate.io	$1,302,035.48	5.4735%	Visit
KuCoin	KuCoin	$263,378.91	1.1072%	Visit
Crypto.com Exchange	Crypto.com Exchange	$7,020.43	0.0295%	Visit
Bitget	Bitget	$1,045,429.63	4.3947%	Visit
MEXC	MEXC	$222,552.82	0.9356%	Visit
BingX	BingX	$93,260.06	0.3920%	Visit
Upbit	Upbit	$4,217,722.46	17.7303%	Visit
HitBTC	HitBTC	$447,304.36	1.8804%	Visit

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