MIXIN NETWORK - Free and Fast Peer-to-peer Transactional Networks for Digital Assets

Hello friend. If you are interested in joining the MIXIN NETWORK project, it's worth reading a review that will help you get information about the following vision and mission of the project:

Mixin was coming out in late 2017, there were several words make people feel confused, such as Mixin, Mixin Network, Mixin Messenger, and XIN. People always misunderstand them, if you agree to it, please continue to read this article, you’ll find the answer.

What is Mixin?
Mixin is the name of the project and the name of the blockchain or we can say it the public blockchain, and Mixin Network is a free and lightning fast peer-to-peer transactional network for digital assets. It distributed a cross-chain solution with built-in smart contracts that facilitates instantly and secure cryptocurrency and crypto-asset transfer. It allows developers to build cross-chain DApps based Mixin Network protocol. As a TEE powered BFT-DAG network, Mixin could connect all existing blockchains with unlimited throughput. It’s now supporting Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ethereum Classic, Ripple, Sia. Moreover Mixin will support all popular blockchains shortly.

MIXIN NETWORK ICO REVIEW
Mixin Network is a free and lightning fast peer-to-peer transactional network for digital assets, designed to solve the scalability of the blockchain.

Mixin was coming out in late 2017, there were several words make people feel confused, such as Mixin, Mixin Network, Mixin Messenger, and XIN. People always misunderstand them, if you agree to it, please continue to read this article, you’ll find the answer.

Mixin is the name of the project and the name of the blockchain or we can say it the public blockchain, and Mixin Network is a free and lightning fast peer-to-peer transactional network for digital assets. It distributed a cross-chain solution with built-in smart contracts that facilitates instantly and secure cryptocurrency and crypto-asset transfer.

It allows developers to build cross-chain DApps based Mixin Network protocol. As a TEE powered BFT-DAG network, Mixin could connect all existing blockchains with unlimited throughput. It’s now supporting Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ethereum Classic, Ripple, Sia. Moreover Mixin will support all popular blockchains shortly.

Mixin Messenger is an example to show developers how to build the DApps on Mixin Network. Users can easily access their kinds of blockchain assets only through a phone number and a 6-digit PIN code. XIN is the sole token used by many services in Mixin, especially full node collateral, the DApp creation and API calls.

To join the network as a full node, it should pledge at least 10,000 XIN token to establish the initial trust. Every DApp creation will cost some XIN for one time, the cost is determined by the resources the DApp claimed to consume. The Mixin API calls from DApp may cost some XIN depends on the call type and count. All the XIN penalties and fees charged by the network will be recycled to the mining pool.

One more thing to tell you that Mixin sponsored the hack.summit() 2018, the virtual Hackathon, it will take place from July 6 to July 8 2018, we provide up to 100 XIN as prize, for more information about Hackathon challenge, please read this.

Features of Mixin Coin

The highlights of the Mixin platform are:

End-to-End Encryption Messaging

Mixin uses the message sender’s signaling protocol key to encrypt and manage all conversations, whether it be direct messages or targeted in a huddle. No one can check anything from the message without being authorized by the messenger, even the fully functional buttons and the high reputation of Mixin can not be read.

All messages will be permanently deleted on the server after being read by all recipients in the conversation. Meanwhile, the photos, videos, and all other attachments of the sender are also encrypted with the AES key before uploading the platform’s cloud storage. This is a very prominent feature of Mixin.

Mixin Messenger
Mixin Messenger is an example to show developers how to build the DApps on Mixin Network. Users can easily access their kinds of blockchain assets only through a phone number and a 6-digit PIN code. XIN is the sole token used by many services in Mixin, especially full node collateral, the DApp creation and API calls. To join the network as a full node, it should pledge at least 10,000 XIN token to establish the initial trust. Every DApp creation will cost some XIN for one time, the cost is determined by the resources the DApp claimed to consume. The Mixin API calls from DApp may cost some XIN depends on the call type and count. All the XIN penalties and fees charged by the network will be recycled to the mining pool.

How to work Mixin
The platform is designed to offer everyone a fair platform, created on a decentralized network – built for purpose of processing transactions, contracts and businesses within seconds. It is a p2p based system that will make it possible for any third parties to use the system successfully and safely through the use of contracts. The purpose of the platform is to provide an ultra-safe and decentralized environment where people can go to make safe exchanges and transactions.

Mobile and PIN Based Identity
One of the many hurdles that prevents people from using popular blockchain is not performance, which is the process of identifying or managing accounts. clause. All of today’s popular blockchain networks require people to manage at least one private key to keep their identities, which are very difficult to remember, and sometimes cause problems for many.

People want to access this technology. In the Mixin platform, it has designed a much simpler identification solution that is identity and management based on phone verification codes and PINs. With the use of TEE technology, Mixin’s phone identification and PIN code solutions have the same security level as other blockchain platforms.

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.

Roadmap

Mixin is composed of a single theoretically permanent Kernel, many dynamic Domains and different multipurpose Domain Extensions, to formulate an extended star topology.

Mixin Kernel
Mixin Kernel is a high performance distributed ledger and its sole responsibility is to verify asset transactions. That said, the single permanent Mixin Kernel is also a distributed network just like Bitcoin network as a whole. Although Mixin Kernel verifies asset transactions, it doesn’t produce any assets. All assets flow through the Kernel by Mixin Domains.

The core of Mixin Network is the Mixin Kernel, a fast asynchronous Byzantine fault tolerant directed acyclic graph to handle unspent transaction outputs within limited Kernel Nodes.

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.

Kernel System Calls

Mixin Kernel offers some system calls to communicate with Domains, and it’s the only way the Kernel andmDomains can exchange state. The system calls are defined as standard JSON-RPC interfaces.

JSON-RPC is a stateless, light-weight remote procedure call (RPC) protocol. It is transport agnostic in that the concepts can be used within the same process, over sockets, over HTTP, or in many various message passing environments. It uses JSON (RFC 4627) as data format.

Domain Extensions

With a transaction only purpose Mixin Kernel, and Mixin Domains as assets provider and gateway to external blockchains or any other sources, Mixin has become the most sophistic and high performance distributed ledger to almost all digital assets. However, people need smart contracts, which have been made popular by Ethereum. We allow Extensions to Mixin Domains, something similar to smart contract but with higher robustness, capability and performance.

Domain Extensions are programs running in the Domain Virtual Machine secured by the Secure Enclave in Intel SGX, a popular and secure Trusted Execution Environment.

Due to the possibility to run the “smart contract” in a single computation unit, Domain Extensions can achieve many goals which are almost impossible in something similar to Ethereum.

Much higher performance and lower latency which is only limited by the hardware.
Non-deterministic transactions, e.g. trustable random number.
Interact directly with trusted external sources.
The Objective of the Mixin Coin Project:
Mixin wants to create balance in distributed networks and traditional clusters by combining the advantages of both. The purposes that Mixin wants to accomplish include:

Building all the nodes on the network has authoritative but reliable limits to ensure data transparency and consistency.
Establish a network in which transaction fees are free with high throughput and low latency.
Creates a blockchain inter-communications protocol that connects all common blockchain networks.
Transactions are anonymous and interact directly with trusted external sources.
Easy and secure account verification based on phone number and PIN.
The secure encrypted message system ensures that no one can read the message except the designated recipient.
Creates a friendly code system that facilitates compatibility for all Linux libraries and programming languages, enabling third-party developers to use the system to create powerful, feature-rich applications than.
Become the largest blockchain network for mobile phones.
XIN - The Token
XIN tokens are the main token used in the network. Like Bitcoin and Ethereum, the token is paid to those who support the network by validating transactions. XIN tokens are also staked in the proof of stake consensus protocol (at least 10,000 XIN tokens must be staked to join the network as a full node).

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

Total Supply: 1,000,000
Circulating Supply: 438,154
Token Sale Date: Nov 25 ~ Dec 25 2017
Market Cap: $231million (rank #45)
Current price: $529

For more information and join MIXIN NETWORK social media today please follow these resources:

Website : https://mixin.one/
WhitePaper : https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=5028456.0
Twitter : https://twitter.com/Mixin_Network
Facebook : https://www.facebook.com/MixinNetwork
Telegram : https://t.me/MixinCommunity
Github : https://github.com/MixinNetwork
Reddit : https://www.reddit.com/r/UNetwork/
Youtube : https://www.youtube.com/channel/UCg67cC-GO8wNEOdgGH5IRew

profil : https://bitcointalk.org/index.php?action=profile;u=2355061
eth : 0xA705e39B623c621754F0891C411A8d419c266aAF