Mina Protocol MINA Price
$0.0435
Rank 408
-
1H
1.88%$0.0008
24H
-9.56%$0.0046
7D
-21.3%$0.0118
30D
-32.5%$0.0209
-
Market cap $56.10 M Full cap $56.10 M Volume 24H $8.97 M ATH $9.09
Mina Protocol Price Chart
Mina Protocol Market Data
Mina Protocol price today
Today's live Mina Protocol price is $0.0435 USD, with a 24-hour trading volume of $8 966 439 USD. We provide real-time updates for the MINA to USD price. Mina Protocol has decreased by 9% in the last 24 hours. Currently ranked 408 in the cryptocurrency market, Mina Protocol has a live market cap of $56 101 910 USD, with a circulating supply of
1 289 339 782MINA 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)
0.0435 USD
MINA/EUR
(Euro)
0.0384 EUR
MINA/JPY
(Japanese Yen)
6.21 JPY
MINA/CHF
(Swiss Franc)
0.0356 CHF
MINA/CNY
(Chinese Yuan)
0.32 CNY
MINA/GBP
(British Pound Sterling)
0.0328 GBP
MINA/INR
(Indian Rupee)
3.73 INR
MINA/KRW
(South Korean Won)
62.15 KRW
MINA/CAD
(Canadian Dollar)
0.0607 CAD
MINA/NGN
(Nigerian Naira)
69.83 NGN
MINA/BRL
(Brazilian Real)
0.26 BRL
MINA/SGD
(Singapore Dollar)
0.0573 SGD
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