Mixin to Join Bytom 2.0 Global Node Ecosystem Serving Users

BytomDAO
BytomDAO
Published in
3 min readAug 19, 2021

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Mixin Network integrated Bytom blockchain in 2019, and announced the upgrade of its strategic cooperation with Bytom in June 2021. As an active developer in the Mixin ecosystem, the Exin team owns the popular Staking node service product ExinPool. In order to support Bytom 2.0 global network and ecological construction, ExinPool will vote for the Bytom 2.0 node to provide users with secure and trustworthy node services.

The revenue of Bytom 2.0 nodes mainly comes from block rewards and transfer fees, and the annual block reward is capped at 30 million BTM. The node’s annual collateral reward is expected to be 30% ~ 60%. ExinPool will integrate its own platform advantages, formulate a complete node operation and maintenance plan, ensure the stable operation of the node, and bring long-term stable benefits to users.

After Bytom 2.0 mainnet launch, users will be able to vote for ExinPool nodes through Bycoin, and jointly build nodes. The rewards will be distributed through ExinPool, with zero minimum payment every day, and at the same time get the following benefits:

• 92% of the node revenue will be returned to the users participating in the node every day;

• Participating in BTM nodes to enjoy BTC reward, a single address can enjoy 10 satoshi btc per day for every 1000 BTM voted by a single address, and more votes will be rewarded more(for 1 million BTM, 10000 satoshi per day can be rewarded), 1000 BTM starts and lasts for 1 month ;

• Participating in BTM nodes to enjoy EPC rewards. EPC can be used to deduct trading fees. For every 5000 BTM voted by a single address, you can enjoy 10 EPC rewards every day, and more votes will be rewarded more, 5000 BTM starts and lasts for 1 month.

ExinPool will be committed to the network construction of Bytom, and jointly promote network stability and decentralization. ExinPool will work with Bytom to create an interconnected and open blockchain infrastructure to promote the prosperity of the blockchain ecosystem!

About Bytom

Bytom Blockchain Protocol is an interactive protocol of multiple byte assets. Different forms of heterogeneous byte assets (native digital currency, digital assets) and atomic assets running on Bytom blockchain can be registered, exchanged, and more complex interactive operated by contracts through this protocol.

In order to achieve this goal, Bytom has built a comprehensive product ecosystem, covering Bytom mainchain, Bytom sidechain (Vapor), DeFi protocol (MOV), and cross-chain gateway (OFMF), while also leading IEEE, a blockchain standard working group. Bytom will soon launch the Bytom 2.0 protocol, which will merge one mainchain & one side structure into a “unified platform.”

About Mixin Network

Mixin Network is an open-source, lightning-fast, and decentralized W3 platform to bring speed and scalability to the blockchain. Mixin allows blockchains to gain trillions of TPS, sub-second final confirmation, zero transaction fee, enhanced privacy and unlimited extensibility.

Mixin Network is a PoS network with 37 full nodes. As a layer-2 solution, it has supported 36 public chains including Bitcoin, Ethereum, Monero, and Polkadot. The total assets on the network have been over 2 billion US Dollars. Mixin is also a full-featured financial platform with functions of AMM, aggregating trade, pending orders on Exchange platforms, and unbiased stable currency, etc.

Mixin Network is dedicated to providing users a decentralized blockchain infrastructure that always puts security, privacy, and decentralization first.

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