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What is special about Mina protocol?

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What is special about Mina protocol?

Mina is the first cryptocurrency protocol with a succinct blockchain. By not having to worry about block size, the Mina protocol enables a blockchain that is decentralized at scale.

How do I get Mina protocol?

How to buy MINA

  1. Sign up for a Kraken account. First, enter an email address, create a new username and set a strong password to protect your account.
  2. Verify your account.
  3. Add funds or a payment method to your account.
  4. Buy Mina Protocol!

Can I buy Mina protocol?

All you need to buy Mina is to register and verify your account on the CoinList exchange. Once your account has been verified you can deposit money on CoinList and purchase Mina Protocol crypto. You can also the Mina Protocol Price on CoinList.

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Is Mina protocol a layer 1?

Mina is a layer-1 blockchain protocol built to curtail computational requirements in order to run dApps more efficiently.

Is Mina built on ethereum?

“Ultimately, the verification of the Mina blockchain on Ethereum will enable developers to leverage the benefit of using recursive SNARKs on Ethereum in building dapps. The Mina Foundation is a public benefit corporation serving the Mina Protocol, the world’s lightest blockchain.

Is Mina protocol inflationary?

MINA Tokenomics MINA has an initial supply of 1 billion tokens with no maximum supply. MINA’s annual inflation rate is 12\% and this will drop to 7\% after two years. This inflation schedule can be modified by community vote.

Who is behind Mina protocol?

Evan Shapiro
Mina Protocol was created by the team at O(1) Labs, founded by Evan Shapiro and Izaak Meckler in 2017, with the aim of using cryptographic computing as a way to give people control over their digital lives.

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Will Mina protocol be on Coinbase?

(MINA / USD) Mina is not supported by Coinbase.

How much would a mina be worth today?

The weight of this mina is calculated at 1.25 pounds (0.57 kg). Writings from Ugarit give the value of a mina as equivalent to fifty shekels. The prophet Ezekiel refers to a mina (‘maneh’ in the King James Version) also as 60 shekels, in the Book of Ezekiel 45:12.

What is mina in Islam?

Mina (Arabic: مِنَى‎, romanized: Minā), also transliterated as Muna (Arabic: مُنَى‎, romanized: Munā), and commonly known as the “City of Tents” is a valley and neighborhood located in the Masha’er district in the Makkah Province of Saudi Arabia, 8 kilometres (5 miles) southeast of the city of Mecca, covering an area …

Where is Mina protocol listed?

Binance
Cryptocurrency exchange Binance has listed Mina ($MINA) for trading on its platform. Cryptocurrency exchange Binance has listed Mina ($MINA) for trading on its platform.

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Is Mina Protocol real?

The Mina Protocol is a newly launched blockchain protocol making it possible for anyone in the world to participate with full node security.