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MALINKA (MLNK) is based on the income from exchange (conversion) of crypto cash and any other crypto currencies and tokens from one and into another by all users of the ecosystem. The more users take advantage of the exchange services, the higher is the income directed towards purchasing MALINKA from its users for subsequent utilization.
To mine and earn MALINKA one does not need to waste electricity - one only has to provide the respective smart contract with available funds to be placed for any period of time in an income-generating liquidity pool for any currency pair with MALINKA (for example EOS/MLNK) that shall be used to convert one currency into another, thus creating bridges for any exchange.
Every second MALINKA is accrued to pool investors as a bonus. One may withdraw his or hers deposit at any time and gather all MALINKA earned.
MALINKA may be used to transfer - immediately and free of charge - your funds to any other wallets without any limitations. You may set up an automatic Inheritance of MALINKA by your family and people close to you.
In addition to the key advantages described above, MALINKA has the usual traits of all the world’s leading cryptocurrencies:
- MALINKA smart contracts are placed on a last-generation blockchain;
- Emission of MALINKA is limited to 26.25 billion coins;
- Distribution of MALINKA is done by a smart contract, literaly second-by-second among investors into liquidity pools in constantly decreasing amounts;
- The distribution of MALINKA emission is finite and will stop - according to an algorithm - after 500 million blockchain blocks (8 years);
- In parallel to the emission a certain amount of MALINKA is burned automatically on a daily basis by a smart contract using the funds earned from commissions on currency exchange on a decentralized PayCashSwap service.
- Burning and utilization of MALINKA according to a preset algorithm goes on infinitely;
- MALINKA is fully decentralized, the keys to its smart contracts having been utilized.
Emission of MALINKA is distributed free of charge among investors in liquidity pools. Thus, the more investment is made, the more MALINKA is received by the investors for every dollar invested. The demand for MALINKA basically does not need a secondary market. Exchange of various tokens on the Blockchain is possible through liquidity pools on the decentralized exchange platform PayCashSwap.
What is Malinka?
Malinka (MLNK) stands out as a liquidity token integral to the PayCashSwap platform, facilitating seamless cryptocurrency exchanges. Unlike traditional mining, earning MLNK doesn't require energy-intensive processes. Instead, users contribute funds to liquidity pools, such as EOS/MLNK, enabling currency conversions and earning MLNK as a bonus every second.
The cryptocurrency operates on its own blockchain, with a capped emission of 26.25 billion coins. Distribution occurs through smart contracts, which allocate MLNK to liquidity pool investors in decreasing amounts over time. This emission process is designed to conclude after 500 million blockchain blocks, approximately eight years. Concurrently, a portion of MLNK is burned daily, driven by commissions from the decentralized PayCashSwap service.
MLNK's utility extends beyond liquidity provision. It allows for instant, fee-free transfers to any wallet and supports automatic inheritance setups. The decentralized nature of MLNK is reinforced by the irreversible utilization of smart contract keys, ensuring full decentralization.
The demand for MLNK is inherently supported by its ecosystem, reducing the need for a secondary market. The more users engage with the exchange services, the higher the income directed towards purchasing and utilizing MLNK, creating a self-sustaining cycle of demand and supply.
What is the technology behind Malinka?
The technology behind Malinka (MLNK) is multifaceted, leveraging advanced blockchain principles and innovative financial mechanisms. At its core, Malinka operates on a last-generation blockchain, ensuring robust security and efficiency. This blockchain is designed to handle a high volume of transactions with minimal latency, making it suitable for a wide range of applications, from everyday transactions to complex financial operations.
One of the standout features of Malinka is its use of liquidity pools, which facilitate the exchange of MLNK and other cryptocurrencies, such as EOS. These liquidity pools are essential for maintaining the fluidity and accessibility of the cryptocurrency market. By allowing users to deposit funds into these pools, Malinka ensures that there is always sufficient liquidity to support seamless exchanges. This mechanism not only benefits individual users but also stabilizes the overall market by reducing volatility.
Security is a paramount concern in the world of cryptocurrency, and Malinka addresses this through its decentralized architecture. The blockchain employs a consensus algorithm that makes it extremely difficult for bad actors to manipulate the system. Each transaction is verified by multiple nodes, ensuring that any attempt to alter the blockchain would require an impractical amount of computational power. Additionally, the smart contracts governing Malinka are designed to be tamper-proof, further enhancing the security of the ecosystem.
Malinka also incorporates features for inheritance and retirement planning, setting it apart from many other cryptocurrencies. Users can set up automatic inheritance of their MLNK tokens, ensuring that their assets are passed on to their family or loved ones without any complications. This feature is particularly appealing for long-term investors who want to secure their financial future and that of their descendants.
The emission of Malinka is another critical aspect of its technology. The total supply is capped at 26.25 billion coins, with distribution managed by a smart contract. This contract distributes MLNK to liquidity pool investors on a second-by-second basis, in constantly decreasing amounts. This finite emission schedule is designed to create scarcity over time, potentially increasing the value of the tokens as demand grows.
Furthermore, Malinka employs a unique burning mechanism to maintain its value. A certain amount of MLNK is burned daily, using funds earned from commissions on currency exchanges conducted on the decentralized PayCashSwap service. This continuous burning process reduces the overall supply of MLNK, counteracting inflation and helping to preserve the token's value.
In terms of usability, Malinka offers immediate and free transfers of funds to any other wallets, without any limitations. This feature makes it highly practical for everyday use, whether for personal transactions or business purposes. The ease of transferring funds also enhances the overall user experience, making Malinka a convenient option for a wide range of financial activities.
Malinka's decentralized nature is further emphasized by the fact that the keys to its smart contracts have been utilized, meaning no single entity has control over the network. This decentralization ensures that the system remains transparent and resistant to censorship or manipulation. The emission and burning of MLNK are governed by preset algorithms, ensuring consistency and predictability in the cryptocurrency's behavior.
The income generated from the exchange of crypto cash and other cryptocurrencies within the Malinka ecosystem is a crucial component of its financial model. As more users engage with the exchange services, the income directed towards purchasing Malinka from its users increases. This creates a self-sustaining cycle where the demand for MLNK is driven by the ecosystem's growth and activity.
Mining Malinka does not require traditional energy-intensive processes. Instead, users can earn MLNK by providing funds to the liquidity pools. These funds are used to facilitate currency exchanges, creating bridges between different cryptocurrencies. Investors in these pools receive MLNK as a bonus, which can be withdrawn along with their initial deposit at any time. This approach not only makes mining more accessible but also environmentally friendly, as it does not rely on excessive electricity consumption.
The combination of advanced blockchain technology, robust security measures, innovative financial features, and a strong focus on usability makes Malinka a comprehensive and versatile cryptocurrency. Its unique approach to liquidity, inheritance planning, and decentralized governance positions it as a noteworthy player in the evolving landscape of digital finance.
What are the real-world applications of Malinka?
Malinka (MLNK) is a cryptocurrency that offers several real-world applications, primarily centered around its use in liquidity pools and as a collateral token. One of the key applications of Malinka is its role in liquidity tokens, where users can provide funds to liquidity pools for various currency pairs, such as EOS/MLNK. This process facilitates the conversion of one cryptocurrency to another, enhancing the overall liquidity and usability of the ecosystem.
Additionally, Malinka can be used for inheritance and retirement guarantees. Users can set up automatic inheritance plans, ensuring that their MLNK holdings are transferred to family members or other designated individuals without any manual intervention. This feature provides a secure and automated way to manage long-term financial planning.
Malinka also plays a role in issuing new cryptocurrencies. It can be exchanged for Russian rubles, making it versatile for users who need to convert their digital assets into fiat currency. This capability broadens the practical use cases of Malinka, allowing it to serve as a bridge between the digital and traditional financial systems.
Moreover, Malinka's smart contracts are designed to operate on a last-generation blockchain, ensuring high security and efficiency. The emission of Malinka is limited to 26.25 billion coins, with a distribution mechanism that rewards investors in liquidity pools. This distribution is managed by a smart contract that allocates MLNK to investors in decreasing amounts over time, creating an incentive for early participation.
Malinka also offers the ability to transfer funds immediately and free of charge to any other wallets, providing a cost-effective solution for peer-to-peer transactions. This feature is particularly useful for users who need to send money quickly and without incurring additional fees.
In summary, Malinka's real-world applications include its use in liquidity pools, inheritance and retirement planning, cryptocurrency issuance, and seamless fund transfers. These functionalities make it a versatile and practical cryptocurrency for various financial activities.
What key events have there been for Malinka?
Malinka (MLNK) is a cryptocurrency that has garnered attention for its unique approach to income generation through crypto exchanges. It is based on the income from the exchange and conversion of various cryptocurrencies and tokens within its ecosystem. The more users engage with these exchange services, the higher the income directed towards purchasing Malinka from its users for subsequent utilization.
One of the significant events for Malinka was the establishment of its smart contracts on a last-generation blockchain. This foundational step ensured the security and efficiency of transactions within the Malinka ecosystem. The emission of Malinka is capped at 26.25 billion coins, with distribution managed by a smart contract that allocates coins to investors in liquidity pools on a second-by-second basis. This emission process is designed to conclude after 500 million blockchain blocks, approximately eight years from its inception.
A notable feature of Malinka is its integration with PayCashSwap, a decentralized exchange platform. This platform facilitates the exchange of various tokens through liquidity pools, enhancing the utility and demand for Malinka. The decentralized nature of Malinka is further emphasized by the fact that the keys to its smart contracts have been utilized, ensuring that no central authority can alter the contract's terms.
In an innovative move, Malinka introduced a mechanism for automatic inheritance. This feature allows users to set up the transfer of their Malinka holdings to family members or close associates without any limitations, providing a seamless way to manage digital assets across generations.
Another key event was the implementation of a burning mechanism. A certain amount of Malinka is burned daily by a smart contract using funds earned from commissions on currency exchanges on PayCashSwap. This burning process is designed to reduce the total supply of Malinka over time, potentially increasing its value.
Malinka also launched an income-generating liquidity pool system. Users can provide funds to these pools, which are then used to facilitate currency exchanges. In return, investors earn Malinka as a bonus, which can be withdrawn along with their initial deposit at any time. This system not only incentivizes investment but also ensures a steady demand for Malinka.
The cryptocurrency has also been involved in significant global events. For instance, the release of 60 million barrels of oil from reserves around the world had an indirect impact on Malinka, as it influenced the broader economic environment in which cryptocurrencies operate. Additionally, the funding of ARPA-H, a health research agency, highlighted the growing intersection between technology, health, and finance, sectors where blockchain technology and cryptocurrencies like Malinka are increasingly relevant.
Malinka's journey has been marked by strategic developments aimed at enhancing its utility and value within the cryptocurrency market. The combination of innovative features, strategic partnerships, and a robust technological foundation has positioned Malinka as a noteworthy player in the evolving landscape of digital currencies.
Who are the founders of Malinka?
Malinka (MLNK) stands out in the cryptocurrency landscape with its unique approach to liquidity pools and decentralized exchange services. The founders of Malinka include Malinka Walaliyadde, Szymon Malinka, R M Malinka Walaliyadde, and Justin Sun. Each founder brings a distinct background and expertise to the project. Malinka Walaliyadde and R M Malinka Walaliyadde are known for their involvement in blockchain technology and decentralized finance. Szymon Malinka has a background in software development and cryptographic security. Justin Sun, a prominent figure in the crypto world, is known for his work with TRON and other blockchain initiatives.
The live Malinka price today is $0.002101 USD with a 24-hour trading volume of $35,967.88 USD. We update our MLNK to USD price in real-time. Malinka is down 1.01% in the last 24 hours. The current CoinMarketCap ranking is #4604, with a live market cap of not available. The circulating supply is not available and a max. supply of 26,242,678,247 MLNK coins.