Mixin - Benefit Of Mixin - BerkatMedia21

Breaking

Home Top Ad

Post Top Ad

Thursday, October 25, 2018

Mixin - Benefit Of Mixin

What is Mixin?


Mixin is a publicly distributed ledger aimed to help other publicly distributed ledgers gain trillions of TPS, achieve sub second final confirmations, zero transaction fees, enhanced privacy, and unlimited extensibility.

cryptocurrency is growing in indsutri peer to peer networking technology. Mixin has also been registered in the coinmarketcap and into the top100 coinmarketcap. Mixin create platforms that have a variety of benefits. Also, some of the advantages of the mixin platform, among others:

Secure


The Kernel BFT consensus is secured by a rigorous punitive PoS. When a kernel node is determined to be an attacker, all of its collateral will be recycled to the mining pool.TEE enforcement ensures three major security and trust variables for Mixin Kernel.Mixin Light node is a simplified payment verification (SPV) node for Mixin Kernel. It stores all unspent outputs for simple account equilibrium query.

Instant


The Mixin DAG armed with aBFT provides Mixin Network > 1,000,000,000,000 TPS capacity with a last confirmation time of below 1 second.A loose mesh topology made up of kernel nodes are responsible for trade validations and persistence. Unlike blockchain, there aren't any'cubes' in Mixin Kernel, all transactions will be broadcasted in an increased speed.

Private


Mixin Kernel uses the UTXO model of Bitcoin to deal with transactions. The CryptoNote one-time derivation algorithm can also be used to improve privacy since there are no address reuse problems that come with it.The three Ghost Output thresholds utilized will enhance privacy while at the same time forcing the outputs random quantities.

Powerful


Mixin Network has connected with the top 12 main blockchains, such as BTC, BCH, ETH, EOS, ETC, SC, XRP, XEM, DOGE, DASH, ZEC and LTC, in addition, it supports to withdrawal and deposit greater than 49,500 cryptocurrencies.Mixin Network doesn't encourage smart contract yet, but there will be a similar solution shortly.

Source:

Website: https://mixin.one/

Whitepaper: https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf



 Author:  Innerpumper

ETH wallet:  0x8F5706C0De7775910F8E593f60d50897C43E7f0c 

No comments:

Post a Comment

Post Bottom Ad

Pages