Current technology is developing quite strong globally. The fastest growing is the electronic money. With fast payouts secured by technology, without having to carry too much cash. So the transaction of electronic money more and more that the market does not meet this huge transaction volume. So Mixin was born to solve the problem of the market is such as slow transaction, unsafe. Mixin overcome the errors of the electronic currency are encountered.
Includes kernel theory, and many dynamic and diverse domain names
The purpose is to expand the domain, to build an extension, star topology.
But with a star-topology, people are worried that Mixin is a centrally controlled network, but in a way that works like a nucleus, people do not have to worry about it.
Mixin Kernel is a high performance distribution ledger and its sole responsibility is to verify transactional assets. Mixin Kernel is also a distributed network just like Bitcoin network as a whole. All transactional content runs through the kernel by Mixin Domains.
Low latency matters. The Mixin DAG equipped with ABFT gives Mixin Network > 1,000,000,000,000 TPS capacity with a final confirmation time of under 1 second.
A loose mesh topology made up of kernel nodes are responsible for transaction validations and persistence. Unlike blockchain, there are no ‘blocks’ in Mixin Kernel, all transactions will be broadcasted at an exponentially increased speed.
Security is essential to the technology market. Mixin Kernel is already an ABFT consensus DAG. To ensure further security, Kernel nodes must run in trusted Execution Environment[1]. Specifically, Mixin uses Intel SGX[2] as the TEE implementation. The TEE enforcement ensures three important security and trust factors in Mixin Kernel.
- All Kernel nodes should run the same consensus ruleset.
- Mixin Kernel will be trusted due to the Intel SGX enclave, even when the Kernel is controlled by several earlier Kernel nodes.
- Distributed Domain communications will be much more secure.
- MIXIN DOMAIN .
Mixin Domain is a distributed ledger to provide assets for the Mixin Kernel. The assets may be those on Bitcoin, Ethereum or any other blockchains, even central organizations like banks.
Mixin Network has already connected with the top 12 main blockchains, such as BTC, BCH, ETH, EOS, ETC, SC, XRP, XEM, DOGE, DASH, ZEC and LTC, it also supports to deposit and withdrawal more than 49,500 cryptocurrencies.
Mixin Network doesn’t support smart contract yet, but there will be a similar solution soon.
- XIN - The Token .
XIN is the sole token used by many services in Mixin,
including full node collateral, DApp creation and API
calls.
To join the network as a full node, one must pledge at
least 10,000 XIN token to establish initial trust.
Every new act of DApp creation will have a one-time
cost in XIN, the amount of which is determined by the
resources the DApp claims to consume. The Mixin API
calls from DApps may cost some XIN well, depending
on the call type and count.
All XIN penalties and fees charged by the network will
be recycled to the mining pool.
1,000,000 permanent total XIN token is issued to the
world at one time, and 400,000 of them have been
successfully distributed to holders from 25/11/2017 to
25/12/2017 with rate 20 EOS/XIN.
50,000 XIN have been distributed to early Mixin
Messenger adopters. 50,000 XIN are reserved for the
development team.
The remaining 500,000 XIN will be the incentives for all
Mixin full nodes and light nodes. - This is a pretty good project and I believe with these factors plus the experienced development team, Mixin will be a successful and thriving project in the near future.
- Links of Mixin.
Announcement : https://bitcointalk.org/index.php?topic=5048498.0
Github : https://github.com/MixinNetwork
Site : https://mixin.one/
WhitePaper : https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf
Explorer : https://mixin.one/snapshots
Gitter : https://gitter.im/Mixin-Network/Lobby
Twitter : https://twitter.com/Mixin_Network
Telegram : https://t.me/MixinCommunity
Medium : https://medium.com/mixinnetwork
Reddit : https://www.reddit.com/r/mixin/
Youtube : https://www.youtube.com/channel/UCg67cC-GO8wNEOdgGH5IRew
Facebook https://www.facebook.com/MixinNetwork .
App ch play : https://play.google.com/store/apps/details?id=one.mixin.messenger
App Store : https://itunes.apple.com/app/mixin/id1322324266 - the author's link.
bitcoitalk : https://bitcointalk.org/index.php?action=profile;u=1684280
steemit : https://steemit.com/@shenlong
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https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf