Mixin: The Distrubution Network That Tackle The Ancient Challenge Head-on

Bitcoin marked the beginning of blockchain technology in the finance management sector. It has helped to decentralized the once centralised market as well as produce huge convenience in transaction dealings. A number of other positives has been added with the use of this digital currency. Several other cryptocurrency has emerged to make-up for the lapses of Bitcoin; they include Ethereum, Cardano, Stellar all of which are block chain technology enabled but yet the challenges been faced persist.

Technology is progressive, several steps have been taken to tackle these challenges head-on such as the Bitcoin's supportive light network and the similar Ethereum's raiden network. Still, these cryptocurrency isn't yet strong to match and resist the several attacks the block chain technology faces. Developing a strong block chain becomes the new task while still maintaining the several positivity that has been earlier recorded. Mixin founders identified this cause and pioneered it's realism.

WHY MIXIN AND NOT SOMETHING ELSE?
There are already several Bitcoin competitors however, Mixin is not joining the race of it's competitor. Mixin is a public distributed ledger which would permit its users to enhance privacy, and security as well as, increase extensibility without limit. That been said, it helps users to gain huge numbers of TPS (amounting to trillions) in addition to many other benefit. This is made possible via the synchronization of the network system which consist a Mixin Kenel, several Mixin Domains and a handful of multilayer Domain extensions. The Mixin Kenel which is also a part of the Domain is responsible for asset verification within the system while the Domain are responsible for supplying the kenel with asset. Now you'll ask, how about the Domain extension? It serves the purpose of ensuring that a similar smart-contract transaction is enabled but much more, it makes interaction with verified and trusted external sources possible, higher performance and lower latency plus a non-deterministic transaction is made possible.

MIXIN TOKEN
Like several other networks, Mixin has it's own token also and this is known as XIN token. Becoming a user of Mixin however requires that you own up to 10,000 Xin token. A knowledge of the fees and penalties involved in the network will also be handy.

MIXIN MESSENGER
Mixin has a messenger app, where users can store their assets, and carry out lightening speed peer-to-peer transactions between their contacts. Developers also have the opportunity to build new Dapps on the Mixin Network infrastructure.

Conclusion
Mixin has many potentials of it's own and it's helping to birth the many potentials of the block chain technology in general. That been said, the network has been of huge significance in ensuring that a long lasting solution is provided to the ancient problem of Bitcoin as well as giving a leap into the future. Mixin is winning big.

For more information, visit;
Website: https://mixin.one
Whitepaper: https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf
Twitter: https://twitter.com/Mixin_Network
Medium: https://medium.com/mixinnetwork
Github: https://github.com/MixinNetwork

Bitcointalk Username: Fumzy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1819776