MIXIN NETWORK - NEW GENERATION TRANSACTION NETWORK

lekato (12)in #ico • 6 years ago

Mixin
Blockchain has proved to be a big hit in this global world of ours. It has garnered an impressive following over the years, and its benefits appear to augment the hype. More sectors are discovering ways to optimize the use of this technology towards enhancing the efficiency of their processes.

While blockchain was created to disruptive the traditional ways of record keeping in the different sectors, it hasn’t quite survived the pressure accrued from its monumental demand volume. Yes, more businesses are utilizing blockchain for operational procedures. But has the efficiency of the technology lived up to its billing? Many will disagree in this regard. For a supposedly disruptive innovation, the speed of transactions isn’t worth writing anyone about. You would expect mundane transactions will have a lot to learn from blockchain, but this hasn’t been the case. The technology falls short of what’s obtainable with big payment solutions. Also, high fees might be the undoing of this technology. Users of blockchain have to bear the brunt of these exorbitant fees.
Apparently, transactional capacity has eluded this magnificent technology. Its scalability problem remains one major drawback. The limitation in the processing of transactions is due to constraints in size and frequency.

The Mixin Formula
Several attempts have been made to patch blockchain up. While a few of these attempts have proved successful, the technology is still reeling with nauseous flaws. Mixin jumps into the ring with sufficient attributes to knock out these problems. The blockchain-based add-on attempts to tweak the decentralization drive of the technology. Many protocols have shifted away from a centralized control with its advantages.

Mixin uses an innovative kernel domain to tackle the loopholes in the blockchain infrastructure. Speed and transactional capacity are given a lift with the intermediary role of the kernel. This doesn’t create unforeseen friction as the kernel doesn’t act like an inhibitory middleman but a hyper-functional arbitrator ensuring accuracy and speed – exactly what’s needed in blockchain.

To know more about MIXIN project check below useful kinks

MIXIN PROJECT SOCIAL MEDIA

• Web: https://mixin.one/

• Whitepaper: https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf

• Telegram: https://t.me/MixinCommunity

• Twitter: https://twitter.com/Mixin_Network

• Facebook: https://fb.com/MixinNetwork

• Reddit: https://www.reddit.com/r/mixin

• Medium: https://medium.com/mixinnetwork

• Github: https://github.com/MixinNetwork

• Coinmarketcap: https://coinmarketcap.com/currencies/mixin/

• Btt Ann: https://bitcointalk.org/index.php?topic=5028456.0