The live price of Mina (MINA) today is 1.3462 USD, and with the current circulating supply of Mina at 1,062,789,263.84 MINA, its market capitalization stands at 1,430,704,056 USD. In the last 24 hours MINA price has moved ? USD or 0.00% while ? USD worth of MINA has been traded on various exchanges. The current valuation of MINA puts it at #75 in cryptocurrency rankings based on market capitalization.
Learn more about the Mina blockchain network and how it works or follow the price of its native cryptocurrency MINA and the broader market with our unique COIN360 cryptocurrency heatmap.
Mina (MINA) is a revolutionary cryptocurrency that aims to democratize the digital economy by creating a lightweight, secure, and accessible blockchain. Mina's unique selling point is its constant size blockchain, which remains at 22kb regardless of the network's growth or usage. This feature makes Mina the world's smallest blockchain, enabling anyone with a smartphone to validate the network, thus promoting inclusivity and decentralization.
Mina employs the Ouroboros Samisika consensus mechanism, a variant of Proof of Stake (PoS), which allows the network to maintain security and decentralization while ensuring scalability.
Mina operates on a succinct blockchain that uses zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) to compress data, making it significantly lighter and faster than traditional blockchains.
Thanks to its succinct blockchain, Mina offers unparalleled scalability, allowing for quick and efficient transaction processing regardless of the network's size.
Mina's unique consensus mechanism and zk-SNARKs technology ensure a secure network where all transactions are verified and tamper-proof.
Mina provides enhanced privacy features, allowing users to control their data and maintain anonymity.
With its lightweight blockchain, Mina promotes true decentralization, enabling anyone to participate in network validation.
Mina is developed by O(1) Labs, a team of experienced engineers and researchers. The project operates under a decentralized governance model, with decisions made by the community.
Mina's potential use cases span various industries, including finance, healthcare, and supply chain, where its secure, scalable, and decentralized blockchain can bring significant improvements.
Mina can be purchased on several cryptocurrency exchanges, including Kraken and CoinList.
Mina can be securely stored in any wallet that supports the Mina protocol.
Mina has partnered with various organizations and projects to expand its ecosystem and enhance its offerings.
Mina's future plans include further development of its technology, expansion of its ecosystem, and fostering more partnerships.
Like any cryptocurrency, Mina faces potential risks and challenges, including regulatory hurdles, market volatility, and technological issues.
Mina boasts a vibrant and active community of supporters, developers, and users who contribute to the project's growth and development.
Mina is committed to complying with all relevant regulations and laws to ensure the project's longevity and legitimacy.
In conclusion, Mina is a groundbreaking cryptocurrency that leverages innovative technology to offer a secure, scalable, and truly decentralized blockchain. Its unique features and potential use cases make it a promising project in the cryptocurrency space.