What is Mixin ?
Mixin is A Free And Lightning Fast Peer-To-Peer Transactional Network For Digital Assets. It distributed a cross-chain solution with built-in smart contracts that facilitates instantly and secure cryptocurrency and crypto-asset transfer. It allows developers to build cross-chain DApps based Mixin Network protocol. As a TEE powered BFT-DAG network, Mixin could connect all existing blockchains with unlimited throughput. It’s now supporting Bitcoin, Bitcoin Cash, Litecoin, Ethereum, etc.
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XIN is the coin coding used in Mixin to pay for costs associated with sales or services in the platform as used by developers to use Mixin to create distributed applications. the right to serve everyone. In order to develop applications on the Mixin platform, the development team needs to have at least 10,000 APs to create initial trust. Normal users at the platform will not be charged, however, when using any developer’s applications in the platform may be charged.
The Objective Of The Mixin Coin Project
Mixin wants to create balance in distributed networks and traditional clusters by combining the advantages of both. The purposes that Mixin wants to accomplish include:
- Building all the nodes on the network has authoritative but reliable limits to ensure data transparency and consistency.
- Establish a network in which transaction fees are free with high throughput and low latency.
- Creates a blockchain inter-communications protocol that connects all common blockchain networks.
- Transactions are anonymous and interact directly with trusted external sources.
- Easy and secure account verification based on phone number and PIN.
- The secure encrypted message system ensures that no one can read the message except the designated recipient.
- Creates a friendly code system that facilitates compatibility for all Linux libraries and programming languages, enabling third-party developers to use the system to create powerful, feature-rich applications than.
- Become the largest blockchain network for mobile phones.
To accomplish these goals, Mixin has designed a blockchain platform using the Trusted Execution Environment technology, while the consensus algorithm (PoW) primarily acts as a guarantee for data replication, and The platform’s mobile nodes will act as validators to perform authentication in real time.
The basic element of the Mixin platform is to create trustworthy nodes that run in its environment. All Mixin buttons are fully trusted because they can verify the identity of all other nodes through the platform’s TEE technology.
Features Of Mixin
- End-to-End Encryption Messaging: Mixin uses the message sender’s signaling protocol key to encrypt and manage all conversations, whether it be direct messages or targeted in a huddle. No one can check anything from the message without being authorized by the messenger, even the fully functional buttons and the high reputation of Mixin can not be read. All messages will be permanently deleted on the server after being read by all recipients in the conversation. Meanwhile, the photos, videos, and all other attachments of the sender are also encrypted with the AES key before uploading the platform’s cloud storage. This is a very prominent feature of Mixin.
- Mobile and PIN Based Identity: One of the many hurdles that prevents people from using popular blockchain is not performance, which is the process of identifying or managing accounts. clause. All of today’s popular blockchain networks require people to manage at least one private key to keep their identities, which are very difficult to remember, and sometimes cause problems for many. People want to access this technology. In the Mixin platform, it has designed a much simpler identification solution that is identity and management based on phone verification codes and PINs. With the use of TEE technology, Mixin’s phone identification and PIN code solutions have the same security level as other blockchain platforms.
Development Team Of The Mixin Project
Mixin’s development team has many years of experience in areas such as finance, encryption, information technology, blockchain, etc.
How To Keep The Token ?
XIN is an ERC20 compliant token, so you can store it in ERC20-compatible cold wallets such as MyEtherWallet, Trezor, Ledger Wallet. So, visit now on website Mixin.
By : cybercobro
Address Wallet (ETH) : 0xd4106B3849EebF6764c2FC4958A1754d642b58C6
Mixin Messenger ID: 37194206