What is Mixin? An overview of the Mixin coding currency
INTRODUCTION
Mixin is a non-centralized mobile messenger designed to store and send encrypted messages from one user to another through advanced encryption protocols. Basically, the most effective and easiest way to enter the world of pre-coding is to break down the whole hierarchy and its distributed journaling technology - blockchain into simpler objects. So the Mixin project has nothing to do with what we just said, our review below will give you the answer.
What is Mixin?
How does the Mixin network work?
Details about ICO Mixin PLEASE
Who are the people behind Mixin?
Where is Mixin listed?
What is the current exchange rate for Mixin?
Invest in MIXIN safe or not?
What is Mixin?
Mixin is a network built on the BFT-DAG network (which owns the industry's best Trusted Execution Environment) to connect active blockchain Unlimited throughput. You can find the platform to download on Google Play if you own an Android phone and if you own an iOS you can download it on the App Store at any time. You can also follow them on social media networks like Facebook, Twitter, Share and Email.
The primary coding currency used to pay for the purchase and service costs in the platform is PLEASE COIN. Ordinary users at the platform will not be charged, but when they use developer apps in the platform, they will be charged. If developers want their applications in Mixin to be developed, they also have to spend 10,000 APR to create initial trust.
How does the Mixin network work?
This platform is designed to give people a fair platform, created on a decentralized network - built for the purpose of processing transactions and contracts in seconds. This is a p2p system that will help third parties to use the system successfully and safely through the use of contracts. The purpose of this platform is to provide an extremely secure and decentralized environment where people can make exchanges and transactions absolutely secure.
How Mixin Trusted Blockchain Messenger Network Works?
The platform is designed to offer everyone a fair platform, created on a decentralized network – built for purpose of processing transactions, contracts and businesses within seconds. It is a p2p based system that will make it possible for any third parties to use the system successfully and safely through the use of contracts. The purpose of the platform is to provide an ultra-safe and decentralized environment where people can go to make safe exchanges and transactions.
Details about COIN
Transaction code: PLEASE
Total supply: 1,000,000
Circulation supply: 442,996 PLEASE
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 Coin
The highlights of the Mixin platform are:
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.
Where is Mixin listed?
Currently we can only exchange Minxin at BigONE, FCOIN by EOS (about 90%), BTC, ETH or BITCNY. You can click on the links we refer below to find out about these pairs of transactions on BigONE:
XIN/EOS: https://big.one/trade/XIN-EOS
XIN/BTC: https://big.one/trade/XIN-BTC
XIN/ETH: https://big.one/trade/XIN-ETH
XIN/BITCNY: https://big.one/trade/XIN-BITCNY
What is the current exchange rate for Mixin?
The XIN code coin is listed on the Coin Market Cap from January 1, 1818, with an initial price of $ 2245.11 per coin. At the time of this review, the currency XIN is $ 141 / coin. Currently, the coin-coded coin has a market capitalization of more than $ 62 million, and its trading volume is over $ 8,000 in 24 hours, and is in the 89th position of the Coin Market Cap. The number of coin issued will be 1,000,000. The current number of coin is 443,544.
Invest in MIXIN safe or not?
The first collection of the first account for this project is the relationship of the cash transaction information, which it is combined the quality from the system limit limit to active as the nodes and connections merge with the trust information of the traditional host. .
Some feature of Mixin include the string string transport for the transaction transactions between different blocks blocks. Out out, they was successful in the certificate for zero and knowledge information for supplement the security features and private over it when user depend on the mobile service of this platform. With a single user interface for the advanced user upgrade, this application will be sure to take some comment in the school field.
Some another can be said about project is it to give it to add to the current application. And same as that, they have the history of the business for the token to over the value - that is the information of the discount value, token can be extended future because the simple simple features users can be easily link with platform.
Their effort to create a potential value for their coin is a way to achieve long-term value predetermined. They will work this by using XIN used in the extras account for the scarce. To the XIN number in the current value, the value of the code will be in the system, particularly as the source.
THE TOKEN ECONOMY
Mixin Network will deploy it own native Cryptocurrency token known as: XIN TOKEN. It will be used to facilitate and validate all transactions in the ecosystem. In addition, the token will be utilized by the administrators in Mixin Network for creation of DApps, API and counting full hub security. The total token supply is 1,000,000 XIN.
For More Info, kindly visit any of the link below:
Website: https://mixin.one
Whitepaper: https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf
Telegram: https://t.me/MixinCommunity
Twitter: https://twitter.com/Mixin_Network
Facebook: https://fb.com/MixinNetwork
Reddit: https://www.reddit.com/r/mixin
Medium: https://medium.com/mixinnetwork
Github: https://github.com/MixinNetwork
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5028456.0
Author's Details
Bitcointalk Username: menoharrison
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1734340