Mixin Network - network that is built on the BFT-DAG network and connects blockchain

Oktober 08, 2018

Mixin Network - network that is built on the BFT-DAG network and connects blockchain

Is that Mixin?

Mixin is a network that is built on the BFT-DAG network and connects the blockchain that already operates with unlimited throughput. You can find a platform to download on Google Play if you have Android, and if you have iOS then you can download it at the App Store at any time. You can also use them on social media such as Facebook, Twitter, Share, and Email.

Mixin is a combination that can be used to transfer cryptocurrency with end-to-end encryption, and offers ways for anyone to save the blockchain world.

. Transfer cryptocurrency to anyone with their telephone number, even if they are not Mixin users.

. The easiest crypto payment method, even easier than PayPal.

. Access easy services and DApps in the cryptocurrency space.

. All messages are end-to-end encrypted with the Signal protocol.

. Open API allows anyone to develop new features for clients.

. The mixin application and protocol code are available as open-source.

The purpose of Mixin Coins

The Mixin project is creating a balance in the distribution network and traditional clusters by combining the benefits of both. Mixin's objectives include:

Building all nodes on the network has an authoritative limit but can be relied on to ensure data transparency and consistency.
Create a network where free transaction costs with high throughput and low latency.
Create block blockchain communication protocols that connect all common blockchain networks.
Anonymize and interact directly with trusted external sources.
Easy and secure account verification based on phone number and PIN
A secure encrypted messaging system ensures that no one can read messages except the designated recipient.
Create a friendly code system that facilitates compatibility for all Linux libraries and programming languages, allowing third-party developers to use this system to create powerful and rich applications. more features
Become the largest mobile blockchain network
To achieve this goal, Mixin designed blockchain platform technology using enforcement environmental reliability, while consensus algorithms (POWs) primarily work as secure data copies and mobile platform nodes will act as validators to authenticate in real time.

The basic element of the Mixin platform is to make reliable nodes that run in their environment. All Mixin nodes are truly reliable because they can verify the identity of all other nodes through the TEE platform technology.

HOW IT WORKS

. The Mixin network consists of large books of different high-performance distributions, with a core ledger called 'Kernel', and supporting ledgers called 'domains' and 'domain extensions'.

. A domain is a gateway that feeds assets from Bitcoin, Ethereum, other Blockchain, and even the central bank to the kernel. The kernel is responsible for verifying and managing its assets and transactions.

. Domain extensions are distributed ledgers that store Ethereum, EOS and other blockchain smart contracts and trusted applications.

. This platform is designed to offer everyone a fair platform, made on a decentralized network - built for the purpose of processing transactions, contracts and business in seconds. This is a p2p-based system that will allow third parties to use the system successfully and safely through the use of contracts. The aim of this platform is to provide a very safe and decentralized environment where people can go to conduct safe exchanges and transactions.

Features of Mixin Coin

Highlights of the Mixin platform are:

Distribution of Encryption from end to end

Mixin uses key words to send messages and connect all, whether direct messages or users in chat. No one can check anything from a message without being authorized by a separate, even the full and high working button cannot be read. All messages will change permanently on the server after being read by all recipients in the conversation. Meanwhile, photos, videos and all other information are also uploaded with the AES platform before uploading cloud storage. This is Mixin's very prominent feature.

Mobile Based Identity and PIN

One of the many obstacles that allows people to use blockchain is popular, which is a real process or managing an account. paragraph. All blockchain networks that are popular today require people to manage one personal thing to maintain their identity, which is very difficult to remember, and expels many people. People like to offer this technology. On the Mixin platform, he has collected more precise information, namely identity and management based on the telephone verification code and PIN. By using TEE technology, Mixin's phone service and PIN solution have the same level as other blockchain platforms.

XIN TOKEN

Mixin (XIN) currently has a market capitalization of ~ $ 170 million with an outstanding supply of 406,156 XIN and a total supply of 1,000,000 XIN. This is a very rare inventory, especially considering that XIN is required to participate in the Mixin network. To join the network as a full node, the user must place 10,000 XIN.

The Mixin network also connects to different Dapps using an API call. These Dapps pay for networks in XIN tokens based on the amount of resources Dapp consumes.

. Total Supply: 1,000,000

. Circulating Supply: 438,154

. Date of Selling Token: 25 Nov ~ 25 Dec 2017

. Kap Market: ranked # 88

. Current price: $ 148

Behind Mixin?

There is no information about the team on the screen, and there is no information about the location of the company's headquarters. This is mostly a bad sign about talking about startups and ICOs, the reason is lack of transparency. Do not disclose personal information that shows that they are hiding something. And because of that, Mixin lost points because they were not transparent about who they were or where they came from.

Roadmap