Week in Mina News #24
Nov 10, 2024 - Stay Updated with the Latest from Mina: Protocol Updates, Developer News, and Community Highlights
🪶 Mina News
Mina Explores the Future of STOs and RWAs in a New Blog Post
Mina Protocol has published a new blog article diving into the integration of Security Token Offerings (STOs) and Real-World Assets (RWAs) with blockchain. The article highlights how these advancements bridge traditional finance and decentralized technology, enabling tokenized ownership of tangible assets while enhancing liquidity, transparency, and regulatory compliance. With a market valued at $186 billion, Mina’s approach to STOs and RWAs showcases the protocol's potential to revolutionize digital finance.
o1Labs Joins ZkBoost Consortium
o1Labs has joined the ZkBoost Consortium, a groundbreaking alliance of 39 leading blockchain innovators. The consortium, valued at over $21 billion, aims to streamline zero-knowledge (ZK) computations through the ZkBoost API. This universal API connects diverse ZK solutions, ensuring compatibility and efficiency across the ecosystem. With collective governance and no single ownership, ZkBoost fosters collaboration to advance decentralization and ZK technology adoption.
https://x.com/o1_labs/status/1854155411139490137
🗳️ Governance Updates
MIP Upgrade: Research phase complete; the formal submission is in progress. Next update: Nov 16.
MEF Blogpost: Finalizing details on the MEF process; set to release this month. Next update: Nov 30.
Tokenomics Review: Paused for further analysis and community discussions. Next update: Nov 30.
Research Blogpost: Draft on building trustworthy communities is available here. Feedback welcome! Next update: Nov 30.
PGT Updates:
LeaderBot: October winners announced; November results updated daily. Leaderboard.
SurveyBot: AMA survey live.
GovBot: GitHub repo open for improvements.
Public Communications:
Town Halls: October session done.
Governance AMAs: Scheduling underway.
You can find more information about Governance operations here.
🚀 Growth Programs
Philipp from Mina Foundation shared updates from the latest Core Grants community call. Here's a summary:
NFT Standard: DFST presented progress, including plans for a milestone demo. Presentation link.
Private Credential Standard: zkSecurity team showcased their work, and discussions continue on the #credentials-and-id-builders Mina Discord channel.
ZK Passport: Piconbello is advancing this proposal for zk-proof-enabled passport scanning, with updates expected soon.
Tokenomics: Economics Design will provide a comprehensive report based on completed community feedback.
Wallet API: Pallad is finalizing the wallet connector, with more details coming shortly. Proposal link.
ZK Oracle: ZKON has launched an incentivized testnet, with an audit by Kudelski due next week.
⭐ Ecosystem Highlights
TileVille’s Latest Challenge: Master of the Tiles
TileVille has launched its biggest competition yet, inviting players to build the fastest road from the city center to the port in under 3 minutes. With a total prize pool of 200 MINA, top winners will claim 100 MINA for 1st place, 60 MINA for 2nd, and 40 MINA for 3rd, plus exclusive TileVille Builder NFTs for the top 10 participants. Entry costs 1 MINA, and the competition promises exciting rewards for skilled builders.
All details here.
ZkNoid Unveils TokenTwist: A ZK Slot Machine Game
ZkNoid has announced TokenTwist, a zero-knowledge slot machine game that combines the modular ZkNoid SDK with Mina Protocol’s lightweight, privacy-focused blockchain. The game features secure random number generation powered by the o1js library, ensuring fairness through zkProofs without compromising user data. With an intuitive design and robust backend, TokenTwist exemplifies the potential of zkApps in Web3 gaming. Originally conceptualized during an ETHGlobal event, the game is evolving into a full-fledged release, set to join the ZkNoid GameStore soon.
You can find all the details here.
ZkNoid Reflects on Lottery L1 Testnet: Achievements & Future Plans
ZkNoid recently concluded the open beta phase for their latest game, Lottery L1, marking the largest community-driven initiative in their history. Over two weeks, the testnet saw enthusiastic participation from the Mina community, yielding impressive results and valuable insights. In a new blog post, ZkNoid shares key statistics, team reflections, and enhancements based on community feedback, highlighting the strides made and future prospects for the platform.
Tweet: https://x.com/ZkNoid/status/1852341600602497381/
ZkNoid Announces Lottery Testnet Winners and Bug Bounty Awards
ZkNoid has revealed the results of their recent Lottery testnet, celebrating the achievements of dedicated participants. A total of 43 users who reached the 2250-point threshold shared an 800 $MINA prize pool. Additionally, the top three contributors;
vvcc_77, Inthestrongwind, and sdtrv claimed a combined 400 $MINA in rewards.
Tweet: https://x.com/ZkNoid/status/1851666331466121445
Zeko Joins ZkBoost Consortium!
Zeko has joined the ZkBoost Consortium, a group of 39 blockchain leaders revolutionizing ZK technology with the ZkBoost API. This unified framework connects proving services with demand generators, promoting collaboration and decentralization.
Zeko's participation reinforces its dedication to advancing the ZK ecosystem and driving blockchain innovation.
Tweet: https://x.com/ZekoLabs/status/1854257056385273999
Zeko Ecosystem
Zeko's zkVIP Lunch in Hong Kong
Zeko hosted an exclusive zkVIP lunch during Hong Kong Fintech Week 2024 as part of the #ZekoRoadToMainnet. The event gathered innovators to discuss the future of ZK technology and Zeko's journey towards mainnet.
Tweet: https://x.com/ZekoLabs/status/1854591939460710796
📌 Mina Community Bulletin Board
This section features posts from the community and projects. You can submit yours here.
X Posts
Post by “@bkase_”:
https://x.com/bkase_/status/1854843838642504175
Post by “@OnukoguFavour”:
https://x.com/OnukoguFavour/status/1854548376768958651
Post by “@merttcanc”:
https://x.com/merttcanc/status/1854171099593851361
Post by “@zkon_network”:
https://x.com/zkon_network/status/1855013359328149567
Blog Posts
zkNoid Monthly Recap: October, 2024
https://medium.com/zknoid/monthly-recap-october-2024-fb1c8885d50a
zkTLS Crypto Use Cases: Securing Decentralized Transactions
https://blockofchain.medium.com/mina-block-producers-f1d557a6b87b
https://www.zkon.xyz/blog/zktls-crypto-use-cases
(https://x.com/zkon_network/status/1853415859487998040)
Mina’s Recursion Mechanism
https://medium.com/@dokmecisamet/minas-recursion-mechanism-47bb6b58e1fb
(https://x.com/Sametdokmeci1/status/1854948045164888306)
🎟️ Events
Upcoming Events
Mina Protocol Announces $20K in Prizes at ETHGlobal Bangkok
Mina Protocol will participate in ETHGlobal Bangkok (November 15–17, 2024), offering a $20,000 prize pool for developers. Two tracks are open: Protokit Applications ($14,000) and zkGaming ($6,000). The Protokit track rewards zkApps built with Mina's modular framework, while zkGaming focuses on provable zero-knowledge games using ZkNoid’s SDK. Top prizes are $7,000 and $3,000, respectively.
More details here.
ZkNoid Joins ETHGlobal and DevCon in Bangkok
ZkNoid is set to participate in ETHGlobal Bangkok and DevCon from November 12–17, 2024. The event will bring together top blockchain protocols, developers, and visionaries to advance decentralized protocols and zkApps. This is an exciting opportunity to drive innovative developments and showcase Mina's capabilities on a global stage.
o1Labs Workshop at ZK Hub Bangkok
o1Labs is participating in ZK Hub Bangkok with a hands-on workshop introducing o1js for zkApp development on Mina Protocol. The session includes whiteboard discussions, coding exercises, and insights from their engineering team.
For event details, check the ZK Hub calendar.
Tweet: https://x.com/o1_labs/status/1854609113529172048
Brandon Kase to Speak at Hack Seasons Conference in Bangkok
Brandon Kase, CEO of o1Labs, will present at the Hack Seasons Conference in Bangkok, discussing how ZK technologies are shaping the future of Web3.
Event details here.
Tweet: https://x.com/mpost_io/status/1854134114330272112
Florian Kluge at NoirCon 0: The o1js Approach to zkDSLs
Florian Kluge, Engineering Team Lead at o(1) Labs, will speak at NoirCon 0 on November 11, 2024. His session, "From Complexity to Clarity: The o1js Approach to zkDSLs," will cover what makes o1js unique, the future of programmable cryptography, and real-world applications.
Details here: https://lu.ma/99uvs30z
Tweet: https://x.com/NoirLang/status/1854905944557469858
Florian Kluge Joins "ZK for Consumers" Panel Discussion
Florian Kluge, Engineering Team Lead at o(1) Labs, will participate in the "ZK for Consumers" panel on 11 November, exploring how zero-knowledge technology is transitioning from developer tools to consumer products.
Details here.
Tweet: https://x.com/zk_monk/status/1854194383480074646
Last Week’s Events
Mina at HerDAO’s Prep Hackathon Week
As part of HerDAO’s Prep Hackathon Week, Deniz Baş from Mina Protocol presented an "Introduction to Mina Protocol & o1js," showcasing Mina's lightweight blockchain and development tools to inspire the next generation of web3 innovations. This prep week focuses on skill-building, offering participants the tools and time needed to create high-quality projects.
You can find the full record here.
Tweet: https://x.com/_HerDAO/status/1854525109475918102
AI + Crypto Needs ZK: Insights from Mina's Twitter Space
Mina Protocol recently hosted a Twitter Space titled "AI + Crypto Needs ZK", where experts including SingularityNET, Fran Alga, Alex Blagirev, Sebastian Roa, chrisai.etl, and 0xMonia shared their insights on the intersection of AI, blockchain, and zero-knowledge technology.
Missed the Space? You can listen to the full recording here.
💼 Open Jobs
No new job listings from the community this week. If you have any job updates or offers, please share them here.
👓 Statistics and Metrics
Key Metrics from Last Week:
Total Amount Transferred (daily average): 20,26 MINA
Unique Snark Workers (daily average): 9
Snarks Included (daily average): 8,758
Transactions (daily average): 8,120
CryptoMiso Commit Stats: Mina secured 2nd place over the past 12 months with 3,989 commits and +100 contributors. More details here.