U Network announces the Strategic Partnership with Mixin Network

U Network Editor
U Network
Published in
3 min readNov 30, 2018

After U Network Mainnet UStart launched, Mixin Network becomes the first Strategic partner of U Network.

Mixin Network is a transaction network that provides free, real-time transaction services for all blockchain assets. Inherited the Bitcoin UTXO structure, combined with mature BFT, POS and DAG technology, along with Intel hardware signature mechanism and high-speed data center to achieve ultra-high capacity, ultra-fast confirmation, very secure distributed ledger network. Mixin Network has now added 50,000 currencies from 13 main chains for deposit, withdrawal, and transfer, and the number of transactions has exceeded 150 million.

In this partnership, Mixin Network and U Network will achieve the following:

Mixin Network

Mixin Network already supports 13 main chains such as BTC, BCH, ETH, EOS, ETC, SC, XRP, XEM, DOGE, DASH, ZEC and LTC, and will continue to support the global TOP50 blockchain and will support the U Network main chain in the future. This means that all U Network issued tokens will be supported by Mixin Network. Mixin Network will provide the lightning network for UUU and all U Network Tokens, and provide UUU users with a secure, private, and instant transfer service experience.

Mixin Messenger

Mixin Messenger is the first DApp developed on top of Mixin Network, a chat application based on Signal’s end-to-end encrypted and full-currency wallet. There are currently more than 3 million registered users on Mixin Messenger.

Mixin Messenger wallet will add UUU this time. All community members can transfer to the ETH address of their Mixin Messenger wallet before UUU SWAP. To host UUU on the Mixin Messenger wallet, you only need to remember your phone number and a 6-digit PIN, instead of mnemonic phrases.

In addition, a variety of robots in Mixin Messenger build a social ecosystem that interacts with users and the entire currency pool. Every robot is an application scenario involving exchanges, OTC, games, etc. This will greatly enhance the applicability of UUU and future U Network tokens.

OceanONE

OceanONE is an exchange built on Mixin Network, it currently supports all mainstream currencies. It is also the first decentralized exchange which can provide the same experience as centralized exchanges. It will provide U Network with the best engine for building the future decentralized content exchange.

All the codes are open sourced, so anyone can build a trading exchange in 30 minutes. MixCoin developed based on OceanONE, is embedded in the exchange of Mixin Messenger, its Mixin ID is 7000101524. It provides BTC/USDT/XIN trading pairs for any cryptocurrency you store on Mixin Messenger, such as UUU. The transactions are completely transparent. There is no need for voting to add any currency as all cryptocurrencies are allowed to trade with each other.

UGot

U Got is a DApp built on U Network that gives every community member who produces quality content a reasonable reward accordingly. It also provides high-quality UGC community content for different blockchain projects. U Got will provide full service to Mixin Network and expand the influence of Mixin Network in the UGC community.

ChongDong

ChongDong is the first DApp built on U Network, a platform focused on publishing and learning blockchain technology. Mixin Network is currently holding its first global online hackathon, setting up a prize pool of up to 1000XIN. It invited the “God father of Monero” Dr.Joseph Liu, and Uber/Airbnb/BTC early investors Jeffrey Wernick to be the judges of the competition.

Chongdong technology community members will export the content of the Mixin Network technology, create a Mixin Network development application column, and publicize the contest in the community to expand the influence of Mixin Network in technology communities.

In this collaboration, U Network CEO Yilu said: “U Network is proud to be integrated into the network of Mixin Network. As a new generation transaction network, Mixin Network has all the advantages of a transaction network due to its security, privacy, fast and free transactions. It will provide a lightning network solution to U Network. Mixin Messenger and OceanONE based on Mixin Network and more DApps in the future will provide UUU and U Network tokens with more use case beyond the content field. More valuable collaborations will happen in the future which are worth looking forward to.”

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