Bitcoin
Bitcoin
BTC
$103,947.00
1d: +0.04%
7d: +10.13%
$103,947.00
+0.04%
Ethereum
Ethereum
ETH
$2,499.95
1d: -2.26%
7d: +38.55%
$2,499.95
-2.26%
Polkadot
Polkadot
DOT
$5.14
1d: +0.17%
7d: +28.63%
$5.14
+0.17%
Solana
Solana
SOL
$174.76
1d: -1.04%
7d: +19.41%
$174.76
-1.04%
XRP
XRP
XRP
$2.39
1d: -0.80%
7d: +10.44%
$2.39
-0.80%
Shiba Inu
Shiba Inu
SHIB
$0.00001639
1d: -0.11%
7d: +27.04%
$0.00001639
-0.11%

Mint

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Table of contents
    1. 0.2. How Minting Works
    2. 0.4. Role of Minting in Blockchain

Mint in blockchain refers to the process of creating new tokens or coins, often through a smart contract, and adding them to the supply. It is commonly used in the creation of NFTs or new cryptocurrencies.

How Minting Works

Minting occurs when a blockchain or platform generates new tokens based on predefined rules, such as token standards like ERC-20 or ERC-721. These tokens are then distributed to the participants or creators.

Role of Minting in Blockchain

Minting plays a vital role in the growth and functionality of blockchain ecosystems. It enables the creation of assets, such as NFTs, and contributes to the overall supply of cryptocurrencies.