NIX is a privacy currency and multi layered interoperability platform that enables anonymity focused decentralized application. It provides the option of adding a privacy layer to any Blockchain. It’s stake-able via Leasing Proof of Stake (LPoS) and supports Master-nodes . NIX Platform consider as a next generation privacy currency and multi layered interoperability platform which fuels anonymity-focused decentralized application (Dapps). Privacy swaps and smart contract.
NIX is a privacy coin, which allowed you to decide when to apply for privacy. The Ghost-node protocol offers two very strong and easy to use privacy features, which both embedded in the wallets namely the ghost vault, and two-way ghosting though. The ghost vault allows you to mint NIX essentially making them disappear with no previous history and permitting you to decide when to spend your minted coins with previous history at all think of it as your personal secret Swiss bank account, that only you know about it.
Ghosting offers full sender and receiver privacy in one transaction without the need of NIX addresses. This mechanism is so powerful that there is no way for the user history to compromised as address less transactions are performed think of this as your NIX disappearing from public view as it’s added to the ghost vault, then reappearing in someone else’s vault in a seamless operation. There is no privacy coin that offers a more convenient way of making address lists transactions than NIX makes privacy worth using.
The next Blockchain is secured by an environmentally-friendly proof of stake consensus, this enables anyone holding NIX the ability to secure the network and earn rewards through two methods. In wallet staking and leased proof of stake (LPoS). Staking directly from the wallet is as simple as flipping a switch users can leverage their coins to earn rewards by helping to validate transaction and secure the network taking it a step further. NIX has improved traditional staking with a custom built revolutionary least proof of stake (POS) system, setting up a smart contract with a service provider is completely trust-less and eliminates the need to maintain an updated and constantly running wallet, letting you get on with your life. Advanced users can use (LPoS) to cold stake their own holding on a private dedicated server, or become a provider themselves and earn a percentage of rewards whichever method you prefer NIX gives every holder the opportunity to contribute to the security of the entire network and earn rewards for doing so.