Rosalia
Mon Oct 21 2024
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7 answers
1581
What is Mina Protocol Coin?
Mina Protocol Coin, or MINA, is the native cryptocurrency of the MINA Protocol. It utilizes zk-SNARKs technology to achieve a lightweight blockchain, maintaining a constant size of approximately 22 KB. MINA enables efficient and private transactions, aiming to address scalability issues and promote decentralization. With a total supply of 1 billion coins and a linear release schedule, MINA offers various use cases within the protocol's ecosystem, including transaction fees, staking rewards, and dApp development.
