Coda Protocol Touts User Growth One Year Into Testnet

The O(1) Labs project thinks recursive zk-SNARKs are the key to more manageable blockchains.

Jul 30, 2020 at 1:33 p.m. UTC

Updated Sep 14, 2021 at 9:38 a.m. UTC

ricardo-gomez-angel-z6CcN8rlftY-unsplash — (Ricardo Gomez Angel/Unsplash)

Coda protocol’s disappearing blockchain is still in the testnet phase, but the O(1) Labs-led project has already garnered a substantial following.

O(1) Labs Head of Product Bijan Shahrokhi told CoinDesk the project has grown its member-base 1,200% since unveiling its testnet for a protocol that cuts down blockchain size using recursive zk-SNARKs exactly one year ago today.
Those 850 users are scattered among 28 different countries, including Russia, Germany, the U.S., China and South Korea, Shahrokhi said. Partner firms now include Bison Trails and Figment Networks.
"The rapid community growth and global participation is validation for what the lightweight blockchain and ZKP featureset supplied by Coda brings to the table," said O(1) Labs CEO Evan Shapiro.
The team expects its mainnet to launch in Q4.

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