Mixin Network - A free and lightning fast peer-to-peer transactional network for digital assets. ~ BitSavana

Introducing

Mixin is a public distributed ledger to allow any public distributed ledgers to gain trillions of TPS, sub-second final confirmation, zero transaction fee, enhanced privacy and unlimited extensibility. Mixin allows users to be able to transact cryptocurrency in the most secure and fast networks, so Mixin can be called "A free and lightning fast peer-to-peer transactional network for digital assets".

Getting Started Development

Who doesn't know Bitcoin at this time? Most internet users know Bitcoin even though they don't know exactly what Bitcoin is. If we look back, Bitcoin is the most controversial and revolutionary discovery at this time, why is that? because Bitcoin has the opportunity to destroy the current financial system. Yes, Bitcoin has this opportunity, so many companies and even banks have looked at Bitcoin or cryptocurrency. Even researchers say that sooner or later banks around the world will implement cryptocurrency on their services.

We can't deny that since it was created in 2009, Bitcoin has experienced significant highs and lows. Various fluctuations and weakening prices in the cryptocurrency market make Bitcoin increasingly sought by investors around the world. But there are some serious problems that approach Bitcoin and the technology it carries (Blockchain), the most significant problem is insufficient transaction capacity, slow confirmation, and high transaction costs.

Many companies and individuals have tried to overcome this problem, but they need large resources to change this system. And they come up with the idea that creating a new system is more efficient and effective than repairing the Blockchain system in Bitcoin. Many companies and individuals have tried to overcome this problem, but they need large resources to change this system. And they come up with the idea that creating a new system is more efficient and effective than repairing the Blockchain system in Bitcoin. Therefore, there have emerged several cryptocurrencies such as Ethereum, Monero, Stellar, Cardano and many new blockchains have been discovered in recent years. Almost all of them try to fix the problems of adding some new features of their own. However, they are unable to rescue or augment the original Bitcoin network and are unable to interoperate with each other.

In response to this, several people gathered in a team and created a platform that would be the solution to this problem. This platform is called Mixin Network which is a fast and fast peer-to-peer transaction network for digital assets.

By using Mixin, people can transact faster and safely. This was made possible by Mixin technology which was developed in such a way by an experienced team in their fields. So Mixin Network can be a solution to the problems that occur in the current peer-to-peer cryptocurrency transaction network.

Mixin Technology

The mixin is composed of a single theoretically permanent Kernel, many dynamic Domains, and different multipurpose Domain Extensions, to formulate an extended star topology. So in the section below is a brief description of Mixin technology;

Mixin Kernel

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

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.

Attack Resistance

An experienced team designs the Mixin system in such a way that it can withstand various attacks that lead directly or indirectly.

XIN - The Token

XIN is a token issued by Mixin network, which will be used by many services in Mixin. 1,000,000 total permanent XIN tokens are distributed to holders from 25/11/2017 to 25/12/2017 with a rate of 20 EOS / XIN. 50,000 XIN has been distributed to early Mixin Messenger adopters. 50,000 XIN is reserved for the development team. The remaining 500,000 XIN will be the incentives for all Mixin full nodes and light nodes.

In Conclusion

Mixin Network is a public distributed ledger that will provide a safe and fast network for the public. So the problem of slow response, high transaction fees, etc. on the existing Blockchain network can be avoided immediately.