Mina Price (MINA)

Mina (MINA) is all about keeping things light and efficient. It’s known as “The World's Lightest Blockchain” because its blockchain size stays at a constant 22KB, no matter how many transactions happen. With Mina, users can stake their MINA tokens, validate transactions, and earn rewards. It’s designed for anyone to easily participate and contribute to the network.

$MINA is used to participate in the network, process transaction fees, and power Mina’s privacy features. Thanks to zk-SNARKs (zero-knowledge proofs), it balances privacy with verifiable computations, offering a lightweight blockchain that stands out from the usual bulky ones. It’s a game-changer in the blockchain space for privacy and efficiency.

Mina uses the Ouroboros Proof-of-Stake (PoS) consensus mechanism. By staking $MINA tokens, users can either become validators or delegate their stake to others. Validators create new blocks and validate transactions. This system ensures the community stays active, with users playing a key role in the network’s development.

Mina was founded by Evan Shapiro and Izaak Meckler. Shapiro is the CEO of O(1) Labs, the team behind Mina. With a Computer Science background from Carnegie Mellon University, he brings a lot of experience to push the project forward.

The circulating supply of MINA is 991,711,773 tokens as of now.

You can grab MINA on EXMON using a debit or credit card, no hassle. If you’re into crypto trading, you can swap it for other coins too. The price updates in real-time on EXMON, so you’ll always know what’s up. For more details, check the “How to Buy MINA” guide on EXMON.