Mixin, A free and lightning fast peer-to-peer transactional network for digital assets.

3 min readOct 19, 2018

What Mixin is ?

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.

Mixin Network Introduction

Mixin Messenger

Mixin Messenger is the first DApp on Mixin Network. It’s built with end-to-end encryption on the grounds of signal protocol.

Aside from its messaging features, Mixin supports wallet and transfer features for Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Ripple, Litecoin, sia etc.

OceanONE

Ocean ONE is a decentralized exchange built on Mixin Network. Marking one of the first times that a decentralized exchange provides the same user experience as a centralized one.

The Mixin Coin project

Mixin wants to create balance in distributed networks and traditional clusters by combining the advantages of both. The purposes that Mixin wants to accomplish include:

Building all the nodes on the network has authoritative but reliable limits to ensure data transparency and consistency.
Establish a network in which transaction fees are free with high throughput and low latency.
Creates a blockchain inter-communications protocol that connects all common blockchain networks.
Transactions are anonymous and interact directly with trusted external sources.
Easy and secure account verification based on phone number and PIN
The secure encrypted message system ensures that no one can read the message except the designated recipient
Creates a friendly code system that facilitates compatibility for all Linux libraries and programming languages, enabling third-party developers to use the system to create powerful, feature-rich applications than
Become the largest blockchain network for mobile phones

To accomplish these goals, Mixin has designed a blockchain platform using the Trusted Execution Environment technology, while the consensus algorithm (PoW) primarily acts as a guarantee for data replication, and The platform’s mobile nodes will act as validators to perform authentication in real time.

The basic element of the Mixin platform is to create trustworthy nodes that run in its environment. All Mixin buttons are fully trusted because they can verify the identity of all other nodes through the platform’s TEE technology.

The exchange rate of CoinMarketCap

you can get more details — https://coinmarketcap.com/currencies/mixin/