Integrate Mina Protocol to Trust Wallet

Integrate Mina into Trust Wallet
Mina Protocol is an open source decentralized blockchain platform. This proposal seeks to integrate Mina’s native MINA tokens with Trust Wallet, enabling users to store, send, and receive MINA and interact with Mina’s growing ecosystem.

What is Mina Protocol?

Mina is a layer one protocol designed to deliver on the original promise of blockchain — true decentralization, scale and security.

Mina offers an elegant solution to the storage and decentralization problems of traditional blockchains: replacing the blockchain with an easily verifiable, consistent-sized cryptographic proof. Mina dramatically reduces the amount of data each user needs to download. Instead of verifying the entire chain from the beginning of time, participants fully verify the network and transactions using recursive zero knowledge proofs (or zk-SNARKs). Nodes can then store the small proof, as opposed to the entire chain. And because it’s a consistent size, Mina stays accessible — even as it scales to many users and accumulates years of transaction data.

Mina enables privacy-preserving programmability via Snapps. Snapps are a new type of decentralized application (dapp) that use cryptography to conduct trustless blockchain transactions. Using the power of zk-SNARKs, or zero knowledge Succinct Non-interactive Arguments of Knowledge, Snapps can prove knowledge without needing to expose all pieces of information. Only the bare minimum of details need to be shared, no more than is absolutely required, to complete the transaction. You have complete control over which data you want to share and under what terms or conditions you want to share it.

What is MINA?

The MINA token is the native currency of the Mina blockchain, and is required to participate in block production and purchasing of SNARK proofs, via the Snarketplace. It also powers Snapps applications.

MINA is an inflationary currency with no supply cap. All tokenholders can stake or delegate to receive their proportional fraction of the inflation, with no lockup or bonding required to do so.
There will be up to a total of 1 billion MINA tokens (excluding future block rewards) distributed at launch, which will fully unlock over 8 years. (“Initial Distribution”)

Mina Ecosystem

Mina went live on mainnet on March 23, 2021 and the ecosystem has rapidly grown in terms of block producers, ecosystem partners & applications, and community growth.

Many of the Mina ecosystem tools and projects can be found here: https://minacrypto.com/directory/mina-tools/

For more on Snapps, please visit -> https://www.youtube.com/watch?v=H_JQjPDwAH0

Community

More participants and users are joining Mina community channels to discuss new projects, technical topics, and more. With the Snapps features rolling out to mainnet in Q1 2022 there is already plenty of interest from the developer community. Since mainnet, there has been tremendous growth on channels ranging from Twitter, Discord, to Telegram:

Twitter: 148.2K followers
Discord: 32.3K members
Telegram: 58.9K members

Motivation

The demand for an integration with Trust Wallet has merged from holders to developers for increasing snapps (dapps) activities on the blockchain. Supporting the Mina Protocol will give an access to DeFi, Gaming and NFT projects that will be launched soon. The upcoming ecosystem of snapps will help Trust Wallet further grow its community.

Associated Project Stats

Token Circulating Supply: 869,446,252 MINA (November 11, 2021)
Token Value: 5.10 USD/MINA (November 11, 2021)
https://coinmarketcap.com/currencies/mina/
Token Purpose: Staking and securing the network, value transfer, and transaction fee
Consensus Mechanism: Ouroboros Samasika
Exchanges: Binance, Kraken, Coinlist, CoinEx, OKE and more
https://coinmarketcap.com/currencies/mina/markets/

Links

Blockchain Explorer:
https://minaexplorer.com/
https://mina.staketab.com/
https://hubble.figment.io/mina/chains/mainnet
Website:
https://minaprotocol.com/
Twitter:
https://twitter.com/MinaProtocol
Discord:
https://discord.gg/SaNaZvAC
Github:
https://github.com/MinaProtocol/mina
Integration specs
https://docs.minaprotocol.com/en/advanced/client-sdk or https://github.com/MinaProtocol/c-reference-signer

Proсessing:

Integration can be done via GraphQL API
https://docs.minaprotocol.com/en/developers/graphql-api
A set of Rosetta APIs will be available soon.
For more info please contact Brian McKenna ([email protected]). Also please check out #wallets in Mina Discord.

Acknowledgements

Great thanks to the TW community members for being important part in creating and applying this proposal:
Serob Khachatryan @serobkhachatryan

Mina is a layer one protocol designed to deliver on the original promise of blockchain — true decentralization, scale and security.

Mina offers an elegant solution to the storage and decentralization problems of traditional blockchains: replacing the blockchain with an easily verifiable, consistent-sized cryptographic proof.

Learn more about Mina Protocol by visiting their official website at