TechFlow news — Lightweight blockchain Mina has launched zkIgnite Cohort 1, a three-month program aimed at helping developers and entrepreneurs build applications on Mina. The Mina Foundation is offering up to $500,000 in USDC and 500,000 MINA in funding to support zkApp (zero-knowledge smart contract) ventures and essential developer tools that will ultimately advance the Mina ecosystem.
Mina, a lightweight blockchain cryptocurrency protocol developed by O(1) Labs—leaders in the field of verifiable computing—uses cryptography and recursive zero-knowledge proofs (zk-SNARKs) to design a full blockchain that maintains a constant size of approximately 22KB, significantly improving the speed of verifying the current blockchain state. [Source link](https://docs.google.com/document/d/18pFpAsfYMZJcsSl-PxMI1FbpZAMXP-5EySt5t5gJow0/edit?usp=sharing)
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