Minting

Minting is the process of creating new cryptocurrency tokens. It often involves validating transactions and adding them to a blockchain. In proof-of-stake systems, minting is done by validators who are chosen based on their holdings. This adds new coins to the circulating supply. In non-fungible tokens (NFTs), minting refers to turning digital files into unique blockchain assets. Both methods help maintain network security and decentralization. Minting is crucial for expanding the cryptocurrency ecosystem and ensuring its functionality.