Introducing Mixin the new generation transaction network
https://mixin.one/
Since 1960, there has been no platform as Mixin. But this century has brought about the development of the Mixin network (a new generation transaction network). As it is always said that technology is life, it has helped to eradicate an old system of living and has brought about the efficiency and easy to use system in today’s dynamic world. Technology has brought about the development of block chain technology through which investors, producers and consumers are able to trade with fiat and cryptocurrency. Professional teams has provided solution to a common problem in the public, they have develop a free and lightning fast peer-to-peer transactional network for digital assets.
Mixin is composed of a single theoretically permanent Kernel, many dynamic Domains and different multipurpose Domain Extensions, to formulate an extended star topology.
This topology may lead to the concern that Mixin is a centrally controlled network, but that’s not the case because of how the Kernel itself works.
• 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. Each Mixin Domain is also a distributed ledger, whose job is providing assets to the Mixin Kernel. The assets may be those on Bitcoin, Ethereum or any other blockchains, or even central organizations like banks. While each Mixin Domain is a component to provide assets for Mixin Kernel, the Kernel itself is also a component in the Mixin Domain to verify and govern its assets. Unlike most existing gateway based solutions, Mixin Kernel and Domains are all public available distributed ledgers, with no central authorities. From the Kernel to Domains, the Mixin Network is all about assets and transactions. The Mixin Domain Extension is where the magic happens, whether for Ethereum contracts, EOS contracts, a distributed exchange on somewhat trusted instances, or anything else. 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 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.
Mixin Kernel offers some system calls to communicate with Domains, and it’s the only way the Kernel and Domains can exchange state. The system calls are defined as standard JSON-RPC interfaces.
Mixin is a public distributed ledger to help any public distributed ledgers to gain trillions of TPS, sub second final confirmation, zero transaction fee, enhanced privacy and unlimited extensibility.
• 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.
Besides these trusted applications, it’s also possible to run other popular distributed VM, e.g. Ethereum or EOS. For more information please visit the link below, https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf
For more information click on the links bellow
On Facebook@ https://www.facebook.com/MixinNetwork
On twitter@ https://twitter.com/Mixin_Network
On telegram@ https://t.me/MixinCommunity
On medium@ https://medium.com/mixinnetwork
White paper@ https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf
Website@ https://mixin.one/
reddit@ https://www.reddit.com/r/mixin/
YouTube@ https://www.youtube.com/channel/UCg67cC-GO8wNEOdgGH5IRew