[ERFC - 409] Minty - Massive off-chain minting with verifiable on-chain commitments
Utilizing Blockchain comes with big limitations when it comes to storing a larger number of documents on the chain. Another problem arises when a large number of documents must be stored on the chain with minimal delay - real-time. In those cases, the time and financial costs may become overwhelming. This research aims to find the solution for this issue by combining off-chain issuing techniques and on-chain commitments to maximize throughput while minimizing costs from the number of transactions required to store the commitments. The solution is formulated as a hybrid (on-chain/off-chain) protocol called Minty.