Mina Protocol is a lightweight blockchain using zk-SNARKs for small block sizes, enabling accessible nodes and decentralized applications. MINA fuels the network.
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Mina Protocol, established in 2017, is a layer-1 blockchain designed to address the problem of large computational requirements for blockchain validation. Unlike many blockchains where nodes store the entire transaction history, leading to a growing ledger size, Mina employs a 'succinct blockchain' approach. Its blocks are a fixed 22KB in size, achieved through zero-knowledge technology, allowing for the development of zkApps. MINA, the protocol's native cryptocurrency (total supply: 946,246,493), facilitates network transactions and rewards network security contributors. Mina leverages zk-SNARKs, where nodes create and store small proofs alongside new blocks, significantly reducing storage needs. This accessibility allows for wider participation as a node. Mina Protocol supports the creat...
As of now, Mina Protocol is trading at 0.2518 USD, with a 24-hour trading volume of approximately 1.38M USD. The MINA to USD price is updated in real time. Over the past 24 hours, Mina Protocol has increased by 0.92%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 307.71M USD. Currently, there are 1 222 022 956 MINA in circulation out of a maximum supply of 1 222 022 956 MINA.
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