There is no doubt that the increase in adoption of crypto-related endeavors had taken heights for the past few years. Bitcoin was the first to have started giving people the economic freedom we all deserve. A chance to be in control in managing assets and how resources are flowing in the market are just few of the benefits the Bitcoin Blockchain offered.
Because of its success, more and more project owners become interested to it further congesting the blockhain in whole. Challenges started to surface. Instead of fixing the problems, people looked for other alternatives which gave birth to the Ethereum Blockchain and other Blockchains.
With Mixin Network, instead of leaving the problems behind and migrating from one blockchain to another, existing challenges in the Bitcoin Blockchain will be provided with top-notch solutions for the users to make use of.
The Mixin Network boasts to-notch features that will solve existing problems surrounding digital asset management in the Blockchain. The Mixin Network is guaranteed to be secured, fast, private and powerful.
Mixin is a public distributed ledger that carries the benefits of a centralized network but is decentralized in its whole nature. Mixin connects all public distributed ledgers together and be being driven with TEE (Trusted Execution Environment), once a single node carries scam and faulty transactions it will shut down that node and all its connected sub-nodes to avoid damaging the other functional nodes. The TEE ensures three important security and trust factors that heightens the overall security level of Mixin Network.
With the ability to provide trillions of TPS, sub second final confirmation and zero transaction fee, the Mixin Network is by far the fastest and heavily built for consumer adoption with higher transaction rates. Through this capability, Mixin Network addresses the possible congestions of blockchains due to the excessive and growing transaction rates over time. And all of these are free of charge.
For privacy, Mixin Network utilizes the UTXO model of Bitcoin to carry transactions in its network. Through the use of the CryptoNote one-time derivation and the Three Ghost Output Thresholds, no address reuse will be guaranteed providing distinction from one transaction to another and improve privacy per transaction.
Mixin Network is also guaranteed to be powerful as it has already connected with the top 12 main Blockcains such as BTC, BCH, ETH, EOS, ETC, SC, XRP, XEM, DOGE, DASH, ZEC and LTC. It also supports over 49,500 kinds of crypto tokens for any kind of financial transactions.
Mixin DApps
The Mixin Messenger facilitates holding of wallet and transfer features of various crypto tokens. It has an end-to-end encryption to mask every transaction away from the sight of scammers and network hackers.
The OceanOne is a decentralized exchange platform built in the Mixin Network. It boasts similar features of a centralized network but with the power of a decentralized one.
Other DApss built in the Mixing Network includes (from left to right) CoinView which is an asset and investment management app, Fox.one which is an aggregation cryptocurrency and blockchain, Press.one which is a digital authentication and digita content signing platform, DGAMES which offers a DAO for games, TEE that offers a USB stick that improves computing power of a computer, BNET which is a global network ecosystem supporting Blockchain and AI and ICST which offers storage, sharing and protection of digital contents.
Every network of nodes comprising the Mixin Network is guaranteed to have the same top-notch features of Mixin, further improving quality of service and increasing throughput in all transactions.
To get the latest updates on this platform, visit their official social media pages and view their website and whitepaper.
Website: https://mixin.one/
Whitepaper: https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5048498.0
Twitter: https://twitter.com/Mixin_Network
Facebook: https://www.facebook.com/MixinNetwork
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
Author: Hypervira
Author Link: https://bitcointalk.org/index.php?action=profile;u=1419911