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Mina(MINA)

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$0.555474
(-9.39%)
0.00000841 BTC
Market Cap (Rank#113)
$622,727,580
9,427 BTC
Vol 24h
$29,534,613
447.104 BTC
Circulating Supply
1,121,074,349.84
Max Supply
?
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About Mina?

The live price of Mina (MINA) today is 0.555474 USD, and with the current circulating supply of Mina at 1,121,074,349.84 MINA, its market capitalization stands at 622,727,580 USD. In the last 24 hours MINA price has moved -0.05923 USD or -0.09% while 20,778,196 USD worth of MINA has been traded on various exchanges. The current valuation of MINA puts it at #113 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.

Introduction

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.

Technology & Mechanism

Consensus Mechanism

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.

Blockchain Technology

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.

Key Features

Scalability

Thanks to its succinct blockchain, Mina offers unparalleled scalability, allowing for quick and efficient transaction processing regardless of the network's size.

Security

Mina's unique consensus mechanism and zk-SNARKs technology ensure a secure network where all transactions are verified and tamper-proof.

Privacy

Mina provides enhanced privacy features, allowing users to control their data and maintain anonymity.

Decentralization

With its lightweight blockchain, Mina promotes true decentralization, enabling anyone to participate in network validation.

Development Team & Governance

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.

Use Cases & Potential Impact

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.

Purchase & Storage

How to Buy

Mina can be purchased on several cryptocurrency exchanges, including Kraken and CoinList.

Wallets & Storage

Mina can be securely stored in any wallet that supports the Mina protocol.

Partnerships & Collaborations

Mina has partnered with various organizations and projects to expand its ecosystem and enhance its offerings.

Roadmap

Mina's future plans include further development of its technology, expansion of its ecosystem, and fostering more partnerships.

Risks & Challenges

Like any cryptocurrency, Mina faces potential risks and challenges, including regulatory hurdles, market volatility, and technological issues.

Community & Regulatory Compliance

Community

Mina boasts a vibrant and active community of supporters, developers, and users who contribute to the project's growth and development.

Regulatory Compliance

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.

Mina Price0.555474 USD
Market Rank#113
Market Cap622,727,580 USD
24h Volume29,534,613 USD
Circulating Supply1,121,074,349.84 MINA
Max SupplyNo data
Yesterday's Market Cap676,009,664 USD
Yesterday's Open / Close0.662361 USD / 0.603131 USD
Yesterday's High / Low0.664803 USD / 0.598672 USD
Yesterday's Change
-0.09% ( 0.05923 USD )
Yesterday's Volume20,778,196 USD
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