An Overview on MIXIN Network

in #mixin6 years ago (edited)

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It is no longer a news that many new blockchains projects which include Ethereum, Monero, Stellar, Cardano and the rest of them, have been invented in the past few years to address the differently perceived shortcomings of Bitcoin, which has not been able to be fixed by Bitcoin network as a result of its inflexible highly distributed nature. This has made Bitcoin suffers from fast-growing adoption, and the problems include insufficient transaction capacity, slow confirmation, and high transaction fees. Several attempts have been made to address this Bitcoin’s shortcomings and these attempts have proposed excellent solutions. All these attempts have put forward the entire Bitcoin network without sacrificing the security and distributed nature of the original Bitcoin vision.
These as result led to a great number of experienced developers who have worked in the blockchain space for many years and produced a variety of unique multimedia apps to come together and spring up a lasting solution. This prompted to the birth of Mixin platform. The Mixin platform is a public distributed ledger to enable any public distributed ledgers to gain trillions of TPS, sub-second final confirmation, zero transaction fee, enhanced privacy and unlimited extensibility.
As regarding security, if both Mixin and Exchanges implement the solutions correctly without any bugs, Mixin should be considered much safer and trustable, and this is because Mixin multi-signature is guaranteed to be overseen by many various parties that are unknown to each other, while exchanges have their keys kept by their own people who are much more easily capable of colluding. This has made the platform become more secure than any closed source exchanges.
MIXIN MESSENGER
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Mixin Messenger is the first DApp on Mixin Network. It’s built with end-to-end encryption on the grounds of signal protocol. Aside from its messaging highlights, Mixin supports wallet and transfer features for Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Ripple, Litecoin, and so on.
Download MIXIN Messenger: https://mixin.one/messenger
MIXIN Messsenger Wallet Tutorial: https://medium.com/mixinnetwork/mixin-messenger-wallet-tutorial-a73b82e2162a
XIN Token
This is the only stake to decide how the governance work on all the Mixin problems and as well the sole token utilized by many services in Mixin, including full node collateral, DApp creation and API calls. These Dapps pay the network in XIN tokens dependent on the number of resources the Dapp consumes. Like Bitcoin and Ethereum, the token is paid to the individuals who support the network by validating transactions.
For more information about this project, you can visit the following useful links;
WEBSITE: https://mixin.one/
WHITEPAPER: https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf
MEDIUM: https://medium.com/mixinnetwork
FACEBOOK: https://www.facebook.com/MixinNetwork
TWITTER: https://twitter.com/Mixin_Network
TELEGRAM: https://t.me/MixinCommunity

WRITER'S BITCOINTALK USERNAME: Ubalola
WRITER'S BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2441736

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