Mixin Network - New generation transaction network

balu1008 (5)in #cryptocurrency • 6 years ago

Introduction

As all we know the Blockchain technology is the revolutionary technology in the history of mankind which always have a great potential towards the hackers or from spamming. This technology is also immutable, incorruptible and unhackable that's why we consider this is very better than other technology.

We all know very much about bitcoin which is backed by blockchain technology and also known as future of the financial transactions. Today bitcoin is very better for transactions but still it has many problems within that such as insufficient transaction valume, high transaction fees and finally confirmation of transactions is very slow.

But now we presenting the most superior in the financial transactions and also solve existing problems which called as Mixin Network.

Project objective

The Mixin project main aim is to create the best financial transactions network which can support multiple chains, multiple cryptocurrencies and also help in financially for developers, businesses and financial institutions. To take their transactions secure, free of cost and user friendly mode.

Mixin Network working

Mixin is one of the best project I ever seen like this before, because it supports multiple chains those are 12 chains such as BTC, ETH and LTC etc. And also it supports 40,000 different cryptocurrencies on this platform. That's why we saying this is the unique project.

Mixin is integration of permanent kernel, dynamic domain and domain extensions. By composing all these it works like star topology and it is centrally controlled network.

Mixin kernel network main aim is to strictly verify asset transactions. It took reward as high performance distributed ledger. If we talk about single kernel distributed ledger its just like as we have bitcoin network. Here it cannot produces assets it only verify assets and all assets need to go through mixin domain.