MIXIN NETWORK

Oktober 06, 2018

Introduction

Long the name bitcoin was heard and people enthusiastically transacted or invested in one of these types of cryptocurrency. The advantage is so tempting because the increase in valuation from time to time is so extraordinary. In Indonesia, there are already a lot of user bases, and some companies stand specifically to become bitcoin buying / selling / transaction platforms.

Bitcoin is often regarded as a new investment instrument that has the potential to maximize profits. Today, both professionals and the general public accept the idea behind Bitcoin and blockchain technology, and the user base of crypto currencies is grow at a faster and faster speed. Unfortunately, Bitcoin is suffering from this rapid growth in adoption. The most significant problem is insufficient transaction capacity, slow confirmation and high transaction costs.

Because of the very flexible and inflexible nature of Bitcoin, it is impossible to correct some critical weaknesses.Rather than repairing the original Bitcoin project, most people try to find new projects that discuss the different perceived Bitcoin shortages.

Fortunately, some people believe Bitcoin is working to overcome Bitcoin's shortcomings, and they have proposed some very good solutions. The most significant one is the Lighting Network [0], which is a micropayment systems built on the Bitcoin network without requiring modifications to the Bitcoin code.

Another interesting solution is the Liquid [1] project from Blockstream, which is a federation and two-way sidechain along with the Bitcoin blockchain.

All of these efforts have put forward all Bitcoin networks without compromising security and distributed the true nature of Bitcoin's vision. Similar solutions have been proposed to Bitcoin competitors, eg it's Raiden Network [2] on Ethereum,we tried to propose solutions that could empower all of the widely distributed ledgers. We call this solution Mixin. Mixin is not about creating yet another crypto currency or competitor for whatever distributed ledger. Below is the explanation ;

Mixin is a network that is built on the BFT-DAG network and connects the blockchain that already operates with unlimited throughput. You can find a platform to download on Google Play if you have Android, and if you have iOS then you can download it at the App Store at any time. You can also follow them on social media networks such as Facebook, Twitter, Share, and Email.
Mixin consists of one permanent theoretical kernel, many different dynamic domains and multipurpose domain extensions, to formulate an extended star topology.

How Mixin works as follows ;

#. The Mixin network consists of large books of different high-performance distributions, with a core ledger called 'Kernel', and supporting ledgers called 'domains' and 'domain extensions'.

#. A domain is a gateway that feeds assets from Bitcoin, Ethereum, other Blockchain, and even the central bank to the kernel. The kernel is responsible for verifying and managing its assets and transactions.

#. Domain extensions are distributed ledgers that store Ethereum, EOS and other blockchain smart contracts and trusted applications.

#. This platform is designed to offer everyone a fair platform, made on a decentralized network - built for the purpose of processing transactions, contracts and business in seconds. This is a p2p-based system that will allow third parties to use the system successfully and safely through the use of contracts. The purpose of this platform is to provide a very safe and decentralized environment where people can go to conduct exchanges and transactions

MIXIN TOKEN

Mixin (XIN) currently has a market capitalization of ~ $ 170 million with an outstanding supply of 406,156 XIN and a total supply of 1,000,000 XIN. This is a very rare inventory, especially considering that XIN is required to participate in the Mixin network. To join the network as a full node, the user must place 10,000 XIN.

The Mixin network also connects to different Dapps using an API call. These Dapps pay for networks in XIN tokens based on the amount of resources Dapp consumes.

Total Supply: 1,000,000

Circulating Supply: 438,154

Date of Selling Token: 25 Nov ~ 25 Dec 2017

Kap Market: ranked # 88

Current price: $ 148

The Team

You need to know that, Mixin network focuses on implementing blockchain technology to bring more users to the blockchain world, and transactions are always the most effective way to achieve this goal. As a new generation transaction network, we will continue to work with industry partners and the technical community in the spirit of open source collaboration to jointly promote the development of the technology and blockchain industry. start making your choice right from now and ask questions about Mixin's advantages and so on, our team will always be open to answer all your questions.