Introduction.
MINA is a cryptocurrency that powers Mina Protocol, a layer one blockchain that desires to be privacy-preserving, lightweight, and easily verifiable. Developers on Mina can make privacy-preserving smart contracts and decentralized applications established on zero-knowledge guarantees. MINA is operated to set up new accounts and pay for trades. MINA holders can also stake instantly on the network to validate transactions and process computation.
What Is Mina Protocol?
Mina Protocol is the tiniest “succinct blockchain” created to shorten computational needs to run DApps more efficiently. Mina has been represented as the world’s lightest blockchain since its size was developed to stay constant despite growth in usage. Also, it stays balanced in terms of security and decentralization. The project was rebranded from Coda Protocol to Mina in October 2020.
What Is Mina Protocol’s Main Objective?
Mina is working on achieving an efficient distributed payment system that natively enables users to verify the platform right from the genesis block. Its technical whitepaper calls this a “succinct blockchain.”
The protocol operates Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs), cryptographic evidence that allows someone to show information without showing said details. However, allowing a user to trace the platform back to its genesis block can be impractical in a large network. Mina incrementally computes SNARKS that concentrate only on the last few blocks — meaning that end-users check that zk-SNARK-compressed proof instead of a block’s entire transaction history.
At the heart of the Mina, the protocol is MINA, its native currency, which functions as a utility coin and medium of exchange.
History of Mina (MINA).
Mina was launched in 2020 after running via several testnet phases. The financial whitepaper of Mina was released in October 2020, and it released the technical whitepaper in March 2020.
Mina Foundation’s board of directors has Evan Shapiro (CEO of Mina Foundation), Jill Carlson and Josh Cincinnati. Evan Shapiro has served as a software engineer at Mozilla, and Josh Cincinnati worked as the ex executive director at Zcash Foundation. Jill Carlson is the lead of Slow Experiences. She has done educational analysis on cryptocurrency at the University of Oxford.
How to Create New (MINA) Tokens?
As cryptocurrencies become popular, the cost to verify the blockchain is increasing proportionally with total transaction throughput. Also, it is becoming out of space for most real-world users. Mina solves this issue by replacing blockchain with a verifiable explanation. Users can verify the existing state with zk-SNARK, no matter how many network transactions.
Where to buy Mina Protocol Tokens?
If you want to buy Mina at the current rate, the top cryptocurrency exchanges for trading in Mina stock are Binance, OKX, CoinW, XT.COM, and Bitget. Popular trading pairs for Mina in the market include MINA/USD, MINA/CAD, MINA/AUD, MINA/GBP, MINA/INR, and MINA/PHP.
Mina Protocol Live Price, Market Cap, Volume, Supply.
Please enter CoinGecko Free Api Key to get this plugin works.Mina Protocol price prediction 2022-2033.
| Years | Avg Price | Lowest Price | Highest Price |
|---|---|---|---|
| 2022 | 0.67 | 0.62 | 0.71 |
| 2023 | 1.7 | 1.36 | 2.04 |
| 2024 | 2.26 | 1.81 | 2.72 |
| 2025 | 3.01 | 2.41 | 3.61 |
| 2026 | 4 | 3.2 | 4.8 |
| 2027 | 5.32 | 4.26 | 6.39 |
| 2028 | 7.08 | 5.66 | 8.5 |
| 2029 | 9.42 | 7.53 | 11.3 |
| 2030 | 12.53 | 10.02 | 15.03 |
| 2031 | 16.66 | 13.33 | 19.99 |
| 2032 | 22.16 | 17.72 | 26.59 |
| 2033 | 29.47 | 23.57 | 35.36 |
Mina Protocol price prediction, December 30, 2022.
According to our analysis, Mina’s price for December 30 and December 30, 2022, should range between $0.62 to $0.71, and the average price of MINA should be around $0.67.
Mina Protocol price prediction 2023.
According to our analysis, Mina’s price for 2023 should range between $1.36 to $2.04, and the average price of MINA should be around $1.70.
Mina Protocol price prediction 2024.
According to our analysis, Mina’s price for 2024 should range between $1.81 to $2.72, and the average price of MINA should be around $2.26.
Mina Protocol price prediction 2025.
According to our analysis, Mina’s price for 2025 should range between $2.41 to $3.61, and the average price of MINA should be around $3.01.
Mina Protocol price prediction, 2026.
According to our analysis, Mina’s price for 2026 should range between $3.20 to $4.80, and the average price of MINA should be around $4.00.
Mina Protocol price prediction, 2027.
According to our analysis, Mina’s price for 2027 should range between $4.26 to $6.39, and the average price of MINA should be around $5.32.
Mina Protocol price prediction 2028.
According to our analysis, Mina’s price for 2028 should range between $5.66 to $8.50, and the average price of MINA should be around $7.08.
Mina Protocol price prediction 2029.
According to our analysis, Mina’s price for 2029 should range between $7.53 to $11.30, and the average price of MINA should be around $9.42.
Mina Protocol price prediction, 2030.
According to our analysis, Mina’s price for 2030 should range between $10.02 to $15.03, and the average price of MINA should be around $12.53.
Mina Protocol price prediction 2031.
According to our analysis, Mina’s price for 2031 should range between $13.33 to $19.99, and the average price of MINA should be around $16.66.
Mina Protocol price prediction 2032.
According to our analysis, Mina’s price for 2032 should range between $17.72 to $26.59, and the average cost of MINA should be around $22.16.
Mina Protocol price prediction 2033.
According to our analysis, Mina’s price for 2033 should range between $23.57 to $35.36, and the average cost of MINA should be around $29.47.
FAQs
Will Mina Protocol (MINA) reach a new ATH soon?
With the constant developments and advancements within the Mina Protocol platform, Mina Protocol (MINA) has a high possibility of reaching its ATH soon.
What is the current all-time high (ATH) of the Mina Protocol (MINA)?
On June 1 June 1, 2021, Mina Protocol (MINA) reached its new all-time high (ATH) of $9.09.
Can Mina Protocol (MINA) reach $5?
Mina Protocol (MINA) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues, Mina Protocol (MINA) will hit $5 soon.
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