Introduction
At this time all cryptocurrency is facing blockchain scalability. All of this causes delays in the distribution of digital assets. In addition, this problem forces various developers to find ways to solve it to ensure high bandwidth and blockchain security. A lot of work has been done in this direction, but the blockchain problem still has to be resolved.
With so many projects like Ethereum, Monero, Stellar, Cardano who have overcome several Bitcoin problems and added some new features, but they have not solved the Bitcoin inconvenience itself, and these projects cannot be mutually beneficial. With the Mixin Network, everything can overcome that is by handling the problem of Bitcoin and the interaction of other blockchain projects. Why is the Mixin Network reliable, the following is the explanation below;
Mixin is a network that is built on the BFT-DAG network and connects blockchains that already are in operation with an unlimited throughput. You can find the platform for download on Google Play if you own an Android, and if you own an iOS then you can download it on the App Store any time. You can also follow them on the social media networks like Facebook, Twitter, Share, and Email.
Mixin is composed of a single theoretically permanent Kernel, many dynamic Domains and different multipurpose Domain Extensions, to formulate an extended star topology.
End-to-end message encryption
Mixin uses the sender’s message protocol key to encrypt and manage all chains, whether direct messages or targeting huddle. No one can check anything from the message without the authorization of the envoy, even full-featured buttons and a high reputation of Mixin can not be read. All messages will be permanently deleted on the server after reading by all recipients in the conversation. Meanwhile, photos, videos and all other sender attachments are also encrypted with an AES key before loading the cloud storage platform. This is a very noticeable feature of Mixin.
Mixin provides each user with a personalized Mixin Messenger application. This application will allow you to store your digital assets, as well as to conduct transactional operations much faster. In this case, using all the capabilities of the platform, developers will have the opportunity to develop their own decentralized application.
Introduction Mixin Network by Video
MIXIN TOKEN
XIN is the only token used by many services in Mixin,
including full collateral, creation of DApp and API
calls. To join the network as a complete node, you need to promise
At least 10,000 XIN tokens to establish initial trust.
Each new act of creating DApp will have a one-time
The cost in XIN, the size of which is determined
The resources that DApp claims they consume. Mixin API
calls from DApps can cost a little XIN, depending on the
by type of call and account.
All XIN fees and charges levied by the network will be
processed into a mining basin. 1 000 000 permanent XIN tokens are issued to the world at a time, and 400 000 of them have been successfully distributed to holders from 25/11/2017 to 25/12/2017 with a rate of 20 EOS / XIN.
50,000 XINs were distributed to early users of Mixin Messenger. 50,000 XINs are reserved for the development team. The remaining 500,000 XIN will become an incentive for all Mixin nodes and light nodes.
THE TEAM
Cedric Fung: CEO
Danna Li: COO
Crossle Song: CTO
Oven Tang: Product Lead
Team MIXIN has comprehensive security evidence that when managing external blockchain assets, because Mixin is very safe for everyday use compared to almost all cold storage solutions available.Join us, contact the team and give the questions you need, our team is ready to help you.
Conclusion:
The developers of the Mixin project are making tremendous efforts to ensure that throughput exceeds 1 billion transactions per second. In this case, the commission will be absent, and the network will allow the creation of decentralized applications to solve the problem of blockchain scalability. I believe that the project is attractive, the application is workable, and with the implementation of all the plans outlined, the prospects are really huge.
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