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Mina
MINA
18,683 VNDC
5.63%
1D
7D
1M
3M
1Y
YTD
ALL
Statistics
24h Trading Volume
$ 7,932,426.66
10-day Average Volume
$ 20,513,480.99
Market Cap
$ 0.69b
Highest (1 year)
90,442 VNDC
Lowest (1 year)
10,089 VNDC
Circulating Supply
0.87b
Total Supply
1.02b
Changes
1 Day
5.63%
7 Days
9.25%
1 Month
18.86%
3 Months
62.02%
This Year
71.38%
About Mina (MINA)

Mina Protocol is described as the lightest blockchain in the world because it can keep the blockchain size at 22 KB regardless of how much data is stored and despite scaling, instead of accumulating hundreds of GB in a row like Bitcoin or Ethereum. Mina Protocol solves the problem of current blockchains: the blockchain capacity is too large, and the size is constantly increasing, making the authentication costs expensive.

Mina Protocol launched in June 2017. The founding team includes software engineers and computer scientists from prestigious universities such as Stanford University, Harvard University, and NYU. Members worked at Coinbase, Ripple, Cosmos CoinList, Zcash Foundation, Terra, etc.

MINA is a utility token in the Mina Protocol ecosystem. MINA is an inflation token with no total supply limit and is used for the following purposes:

  • As an inflation currency, users can hold MINA to participate or be authorized to receive their share of the inflation rate.
  • As an incentive for newcomers to join the network and become loyal contributors to Mina’s ecosystem.