A free and lightning fast, peer-to-peer transactional network for digital assets.
Mixin is a free and lightning-fast, peer-to-peer transactional network for digital assets; it could help other blockchain distributed ledgers gain ultra-high TPS, sub-second confirmation, zero handling fees, enhanced privacy, and unlimited expansion.
Public chain features
Multiple security: Decentralized PoS network, TEE hardware reinforcement, tens of thousands of light nodes supervise the whole node to prevent it do evil;
Ultra-high concurrency: Can be directly used in large-scale commercial applications, performance is close to the traditional centralized server, could upgrade hardware, bandwidth and so on to achieve 100, 000, million or higher TPS;
Free transactions: user transfer is free, can meet the small payment, consumption, and other commercial application scenarios.
Real-time to account: at present, 31 nodes complete a transfer check, and signature only take 300 milliseconds. There will be no transaction rollback, double-spend attack, and other problems.
Multi-chain support: now support BTC, ETH, EOS, XMR, and other 23 public chains, more than 100000 assets.
Simple management: A single account could manage multi-chain assets greatly, simplifies the difficulty of user asset management, and by default, supports new public chains in the future. Transaction privacy: only both sides of the transactions know the transfer, and even the whole nodes could not know both sides of the transaction, that is to say, it is impossible to deduce the specific parties according to the transaction itself.
Eco-friendly: no permission, easy to access, stable service, predictable cost. The standard REST API interface allows developers to quickly implement products and businesses in a lower learning cost, in any familiar language. And, most importantly, the cost of developing applications based on Mixin is predictable, with the same reasonable price and performance as using AWS cloud services.
Cedric Fung—— CEO & Co-founder
Audio and video experts, full-stack developer, proficient in Go, Ruby, and Android, etc. He has a profound understanding of products. He dropped out in the third year of university; then, he developed an Android app that was released on Google play store and helped him to earn the first mount of money about 1 million dollars. After that, he joined Yixia technology to lead the development of VPlayer and Vitamio. He launched a new company focusing on overseas mobile gaming online in 2014.
Crossle Song—— CTO & Co-founder
The former president of the Institute of Science and Technology in Yixia, responsible for the research and development of the underlying product for video playback. He has a deep understanding of Android and iOS audio and video. He helps the company complete the docking of the product lines, which have hundreds of millions of users, such as Weibo and Cheetah.
Jun Tang——CPO & Co-founder
Former Android research manager for Miao Pai in Yixia, He dived into the development of Android and had a strong point of UE (user experience), and also experienced with iOS development
Project start: Oct 2017
Consensus mechanism: PoS + Asynchronous BFT
Block confirmation: final confirmation is less than 1 second
Number of nodes: maximum full nodes are 50, the minimum is 7, now 31 nodes are launching
Mining rule: Ever year release the 10% remaining in the mining pool
Safety reinforcement: TEE
Cross-chain tech: side chain
Smart contract (pass the audit）：https://etherscan.io/token/0xa974c709cfb4566686553a20790685a47aceaa33
Public chain state: https://mixin.one/network/chains
Token distribution and circulation
50% in the Mining pool to incentive nodes
40% distributed on BigOne with the price 1 XIN= 20 EOS, no private placement
5% incentive white list users
5% hold by the core team
As of November 2019, the uncirculated XIN in the mining pool is about 480000. At present, the daily mining release is 123 XIN and is decreasing year by year. The circulating XIN is about 520000: node pledge 310000, of which there are as many as 15 crowdfunding nodes. Others are mainly institutions and other teams, such as the Onda Group, the LaoMao team, and so on. Domain has a pledge of 50 000 XIN that is the 50 000 XIN held by the core development team. The real market circulation is about 160000, mainly in exchanges, node queues, wallets, and so on.
Official website: https://mixin.one
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