Mina
MINAMarket cap$451,087,698.00
Price$0.494
Est. APR11.08%Fees 5.00%
About
Mina Protocol is often referred to as the lightest blockchain in the world. Mina is unique because it follows a design infrastructure that will always be 22kb, unlike many other blockchains where storage requirements keep growing. Because Mina is small, anyone can connect peer-to-peer, quickly sync and verify the chain. Based on a consistent-sized cryptographic proof, the blockchain will remain accessible even as it grows.
Mina Proof-of-Stake (PoS) consensus is built on Ouroboros and called Ouroboros Samisika. This PoS consensus requires far less computational power than Proof-of-Work (PoW). Ouroboros Samisika relies on VRF for improved security and resolves long-range forks without compromising the network’s decentralization.
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