What is MITH currency (latest news on MITH coins)

What is MITH currency? MITH is a native token of the Mithril protocol developed by blockchain technology company Mytoken. It was officially listed on the exchange on December 30, 2017. This new project has the following characteristics: 1. No ICO; 2. Can be transferred using Ethereum. For more information, please click on the original article link.

MITH is a type of ERC20 asset standard protocol and smart contract platform based on Ethereum. It is used to create digital currencies, DeFi applications, and payment systems. It adopts a proof-of-work mechanism similar to Bitcoin, enabling users to freely choose payment methods and perform any operations from a variety of different financial products.

Latest news on MITH coins

Latest news on MITH coins: On May 10, 2020, according to an official announcement from Mith.Network, there have been two reductions since June. The first phase will be implemented after 4 months, with a 20% reduction every day during this period. The second part will be adjusted every two weeks. The third cycle will be 2 months, with a halving each time. The third round of reduction will take place from the end of August 2018 to mid-September 2019, at which time all block rewards will be reduced from 12.5 MiB to approximately 6.25 MiB.

In addition, in the past 7 days, nearly $2 billion worth of tokens have entered the circulating market cap. Based on the current price, the total supply accounts for about 1%, but it is still not fully unlocked, so it is not ruled out that there will be more new projects joining the ecosystem and generating income in the future.