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Evan Shapiro

Evan Shapiro is the CEO of Mina Foundation, a corporation serving the - an L1  built on top of zero-knowledge proofs (“ZKP”) with a fixed size of 22KB. He was also the former CEO of O(1) Labs[3], the company that launched the in 2017. [1][2]

Education

Evan Shapiro attended Carnegie Mellon University in 2011 and graduated with a Bachelor's degree in Computer Science in 2014. He also obtained his Master's degree, Computer Science at Carnegie Mellon University in 2015. [1]

Career

Evan Shapiro served as a Software Engineer Intern at Mozilla in 2013. In June 2017, he became the CEO of O(1) Labs, the team that developed (previously CODA). He served as the head of the company until August 2021 when he was appointed as the CEO of the Mina Foundation. [3][1]

"O(1) Labs is the company that my co-founder, , and I started back in 2017 to research and solve the centralization and data security issues behind blockchains. The team we built at O(1) Labs ended up incubating a consistent-sized blockchain, , to address this problem." - Evan Shapiro describing O(1) Labs. [11]

Mina Foundation

The Mina Foundation is the non-profit steward of the , the blockchain which describes itself as "the world’s lightest blockchain". The Foundation supports the protocol by issuing grants to third parties that make significant contributions and by maintaining & managing community assets. [4]

Board members include Former Executive Director at ZCash Foundation Josh Cincinnati, Principal of Slow Ventures Jill Carlson, VP of Engineering at Interchain GmbH and Tendermint developer Tess Rinearson, Fund Director and Joint Legal Counsel of International Management Services Sean Inggs, and Evan Shapiro. [4]

Evan Shapiro made the transition to Mina Foundation in August 2021 when he was appointed to lead the organization’s mission to support the ecosystem and development of . [5]

On what the driving force is behind moving from the head of o(1) labs to head of Mina Foundation, Evan Shapiro said:

"I wanted to help Mina realize its potential as an ecosystem, and community. I also believed in our team at O(1) Labs to be able to build out snapps and run O(1) Labs, and that I could best serve the project by leaving the company in their hands, and continuing to build at the foundation."

"My role now is to do what I can to get many different people working on Mina, by helping onboard them, and coordinate incentives for their work. At its core, company building is very similar here at Mina Foundation, as it has been at O(1) Labs. The rest of the work feels like a continuation of what I’ve been doing at O(1) Labs – moving from launching mainnet, to building out an ecosystem – which feels right for me and Mina as well. I’m very excited to see if we can realize the potential of the project." - Evan Shapiro[5]

Mina Protocol

previously known as Coda Protocol, is a that utilizes zero-knowledge proofs ("ZKP") and has a fixed size of 22KB. It operates as a layer-one ("L1") blockchain with coded in TypeScript. The Protocol was created by computer scientists Evan Shapiro and Izaak Meckler and it was established in 2017. [2]

It was initially known as Coda Protocol but had to change its name in September 2020 to Mina due to a trademark dispute with R3 for the similarity of the name to its Corda blockchain[6]. it describes itself as "the world’s lightest blockchain" on its website. [2]

Mina is the world’s lightest blockchain, powered by participants. Using zero-knowledge proofs, Mina is creating the infrastructure for the secure, democratic future we all deserve.

went live on March 23, 2021. Evan Shapiro shared:

"Mina aims to empower users through its lightweight blockchain, giving users direct, permissionless access to cryptocurrency, while its Snapps, or SNARK-powered applications bring new possibilities for internet privacy and data security. Between its lightweight design and Snapps, Mina provides a seamless gateway to privately connect the real world with crypto."[7]

On March 17, 2022, The Mina Ecosystem announced[12] that it had raised $92 million to help attract world-class developers through grants. The $92 million financing was led by  and Three Arrows Capital, with the help of hedge fund Brevan Howard (and its co-founder and billionaire Alan Howard), Amber Group, Blockchain.com, Circle Ventures, Finality Capital Partners, , and five unnamed Mina backers. [13]

 “We are pleased to have worked with the Mina ecosystem and world-class funds on this $92M raise. This validation from some of the most respected entities in crypto bolsters our aim to ensure that Mina becomes the go-to privacy and end-to-end security layer for Web3 while remaining powered by participants.” - Evan Shapiro commented[12]

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Evan Shapiro

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Edited On

May 15, 2023

Reason for edit:

removed token section & added info on capital raise

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