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Mintlayer (ML)

Mintlayer
[ML]

Mintlayer is a layer-2 solution that expands Bitcoin's capabilities.

Mintlayer is a Layer 2 sidechain built as a Proof-of-Stake (PoS) blockchain that operates as a Bitcoin sidechain, designed to bring decentralized finance (DeFi), smart contracts, tokenization, and decentralized exchanges (DEXs) to the Bitcoin ecosystem. It enables direct interoperability with native Bitcoin through atomic swaps, allowing users to exchange Bitcoin for tokenized assets on Mintlayer without relying on wrapped tokens or intermediaries. This trustless, permissionless approach opens Bitcoin to DeFi use cases such as token creation, lending, borrowing, and derivatives.

Mintlayer features a unique consensus mechanism called Dynamic Slot Allotment (DSA), which leverages Bitcoin’s blockchain for time validation by anchoring every Mintlayer block to a Bitcoin block, enhancing security and eliminating the need for external validators. The protocol also incorporates a checkpoint system to protect against long-range attacks and 51% attacks, ensuring blockchain finality and integrity. Mintlayer uses a UTXO-based accounting model similar to Bitcoin’s, supports Schnorr signatures for enhanced privacy and efficiency, and employs the Blake2b hash function.
StakingLending

Current price

24h:0.0455%

Market cap

Trading volume 24h

Fully diluted market cap

All time high price

97.62%

All time low price

10.02%

Token supply

0 ML (0%)
400M ML (100%)
$0.162
$0.0235
$0
$9.41M
195.58M ML (48.9%)