Mina Protocol MINA Price
$0.0423
Rank 427
-
1H
2.22%$0.0009
24H
0.98%$0.0004
7D
-0.40%$0.0002
30D
-26.5%$0.0152
-
Market cap $54.43 M Full cap $54.43 M Volume 24H $3.52 M ATH $9.09
Mina Protocol Price Chart
Mina Protocol Market Data
Mina Protocol price today
Today's live Mina Protocol price is $0.0423 USD, with a 24-hour trading volume of $3 520 417 USD. We provide real-time updates for the MINA to USD price. Mina Protocol has increased by 0% in the last 24 hours. Currently ranked 427 in the cryptocurrency market, Mina Protocol has a live market cap of $54 426 875 USD, with a circulating supply of
1 291 226 608MINA coins and the maximum supply not available.
About Mina Protocol
Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. Furthermore, it remains balanced in terms of security and decentralization. The project was rebranded from Coda Protocol to Mina in October 2020.
Mina’s succinct blockchain is a decentralized payment system that provides a constant verification time. This is possible because succinct proofs of state validity are added to every block. The entire blockchain is based on SNARKS – micro-crypto certificates in the nodes that verify the transactions. The whole blockchain network is just 22KB, which is the size of few tweets. All it takes for users on Mina Protocol to verify the entire transaction history is a zk-SNARK zero knowledge of proof. It uses a Proof-of-Stake algorithm called Ouroboros Praos.
There are three key roles within the Mina Network: Verifiers, Block Producers, and Snackers. Each of these roles is properly incentivized.
Mina protocol is still in its early stages, but it already offers potential solutions to scalability, high energy consumption, and cost of transactions on modern blockchains.
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How much is 1 MINA?
Conversion Table
MINA/USD
(US Dollar)
0.0423 USD
MINA/EUR
(Euro)
0.0373 EUR
MINA/JPY
(Japanese Yen)
6.03 JPY
MINA/CHF
(Swiss Franc)
0.0346 CHF
MINA/CNY
(Chinese Yuan)
0.31 CNY
MINA/GBP
(British Pound Sterling)
0.0319 GBP
MINA/INR
(Indian Rupee)
3.62 INR
MINA/KRW
(South Korean Won)
60.40 KRW
MINA/CAD
(Canadian Dollar)
0.0590 CAD
MINA/NGN
(Nigerian Naira)
67.87 NGN
MINA/BRL
(Brazilian Real)
0.25 BRL
MINA/SGD
(Singapore Dollar)
0.0556 SGD
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