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Mina Protocol
$0.2224
4.76%
Mina Protocol Price Converter
Mina Protocol Information
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About Mina Protocol
Mina Protocol (MINA) is a lightweight, privacy-focused blockchain for scalable dApps. Created by O(1) Labs, led by Evan Shapiro and Emre Tekişalp, it uses "zk-SNARKs" for small, fixed-size blockchains. MINA tokens power network governance, fees, staking, and consensus. Enables privacy, security, and scalability for dApps and services.
Mina Protocol (MINA) is a lightweight, privacy-focused blockchain protocol designed to enable scalable and verifiable decentralized applications (dApps) and cryptocurrencies. It uses a unique consensus mechanism called "zk-SNARKs" to achieve a small, fixed-size blockchain, making it accessible for a wide range of devices and applications.
Mina Protocol was created by a team of computer scientists, entrepreneurs, and engineers, led by Evan Shapiro and Emre Tekişalp. The protocol was developed by O(1) Labs, a San Francisco-based company, and launched in 2021.
Mina Protocol (MINA) is used for building and deploying dApps and cryptocurrencies on its scalable and privacy-preserving blockchain. MINA tokens are used for network governance, transaction fees, and participating in the consensus mechanism. Additionally, MINA tokens can be staked to help secure the network and earn rewards.