Mixin Network: Building a fast, secure global payment network

Compared to other blockchain projects, Mixin Network has a move in asset security, user experience,
throughput and scalability.
The public chain is one of the hottest topics this year. Whether it is the technical TPS competency or the
campaign for each node, it brings us unlimited discussion. In the near future, solutions to solve performance
problems through scalable structures are highly regarded, and there are many star projects, and the Mixin
Network is one of them.

"Pioneer" product Mixin Messager

Mint explained, “The first DApp was made to let the user perceive the practical application of the blockchain. Everyone is talking about the chain, but it is actually invisible, so it was launched when the Mixin Network was not on the main
network. Mixin, which is Mixin Messager."

Mixin Messager has won praises from users for its simple and easy to use and design interesting product architecture. Most users regard Mixin Messager as WeChat in the blockchain world. In fact, Mixin Messager is a
fusion of end-to-end encrypted chat and full-currency wallets, creating the best channel for mass users to use digital currency.

At the time of the release of Mixin Messager, the Credit XIN of the Mixin Network was also traded on the
exchange, and the secondary market performed quite well.

According to the Golden Financial reporter, Mixin Messager is the first DApp built by Mixin Network as the underlying network structure. Unlike the early DApp in the blockchain, when developing Mixin Messager, the Mixin
team focused on the user's just-needed scene and will socialize. Connect with the wallet and simplify the wallet functionality.

In Mixin Messager, users can register via mobile phone number for social chat, and it is easy to complete digital fund transfer in chat, just like red envelope transfer in WeChat, thanks to Mixin Network network structure and
asset management. Program.

At present, due to regulatory and technical restrictions, ordinary users entering the blockchain field (or currency circle) need to add a lot of knowledge and difficult to understand, which is a very high barrier for entry for most people. Wallets, VPNs, private keys, auxiliaries, etc. are all a way of user experience. Previously, there was no
DApp that could achieve a lightweight user experience and simple asset management. The emergence of Mixin Messager combines Internet-level experience with blockchain-level security. It is the “hope” of digital asset holders in managing assets and socializing.

Mixin has achieved quality experience and asset security assurance, and more and more Dapp will be developed based on the underlying network of Mixin Network in the future. This is consistent with the goal of the Mixin
Network. "The main goal of the Mixin Network is to make the blockchain safer and better," Mint said.

Mixin Network

Mixin Network can make the DApp developed in its network structure more experiential, and eliminate the problem of poor experience and interaction delay caused by the blockchain to the DApp.

Security

Mixin Network's network structure and asset management solutions ensure overall security. It also provides
users with an easy operation experience while ensuring security.

In the network structure of the Mixin Network, the Kernel ledger and the Domain Gateway are formed in two
parts, and the two parts are actually packaged together, corresponding to the ID of the MixinDApp wallet. The Kernel ledger is a distributed network formed by less than 50 full nodes. The entire node is responsible for recording the balance of the entire network account, so as to monitor the entire network assets. When the user needs
to transfer money, the Domain Gateway starts to play a role.

The Domain Gateway will lock the corresponding amount of coins on the currency network, but perform asset
transfers in Kernel's account.

In the Mixin Network, there are a lot of Domain Gateways distributed around Kernel. The number of coins locked in the gateway is the amount of money entering the Mixin Network ecosystem. When a transfer address
appears, the transaction will be forwarded by a domain that is closest to the transfer address.

This kind of operation design can make some attackers who want to attack the network transaction process
unable to confirm the transaction location and cannot confirm the attack target. This constitutes the basis of
transaction security. In addition, the Mixin Network saves the private key separately and saves it separately.
In the Domain and Kernel, you only need to use the cryptographic technology to ensure the security effect
through the account with the DApp wallet.

For example, MixinMessager can secure the asset by phone verification code, PIN code and a 6-digit key.

Trading speed

After ensuring security, the most important thing for landing applications is transaction processing. The Mixin
Network uses DAG technology that can trade infinitely in parallel.

DAG is a directed acyclic graph. It is a data storage structure. The main logic is that the information stored in the previous node during the data transmission process is the basis of the next node storage. The causal relationship between the front and the back is fixed, and the next command can be spontaneously executed. The
startup, so that the form of storage confirmation in the chain structure can simultaneously confirm the multiple services and other commands in the network. Mint added, "This is why in theory DAG can reach billions of transactions."

Expandability

From the security, transaction speed to ease of use, Mixin Network has innovation, expansion, because the
definition of Mixin Network itself is a network structure that can help the public chain to improve scalability and landing ability, and it can be arbitrary The public link is connected, and developers are provided with
standardized API interfaces and multi-language programming forms to make the blockchain application simple, secure and efficient.

According to this, Mixin Network can be used for public chain projects and its ecological empowerment with
high security, high transaction processing capability and extensive expansion. Mint said, “Compared to other networks, Mixin Network will have more The imagination of the application."

Make blockchain safer and better

At present, the Mixin Network is still a “network structure”, and it will essentially be a public chain. The DApp,
which is extended by digital assets in its ecology, is still under continuous research and development. At
present, in addition to Mixin, the decentralized exchange OceanOne is also Go online. In September, Mixin
Network will also launch a test network, which strives to make users' use of digital assets safer and more
convenient.

Here, Mint mentioned that Mixin Network pays special attention to the core demands of digital asset holders.
For example, when designing a wallet, the Mixin Network team discovered through data that the loss rate of the physical storage form of the wallet private key is increasing. Currently, it is 3%-5%, and the future loss rate
may be as high as 20%. The simple and long-lasting security strategy has resulted in a security solution that can be safely stored with a mobile phone number, a PIN code and a 6-digit password.

Mint added that the current Mixin Network hopes to allow more developers to enter the Mixin Network, develop more diverse DApps, and build a developer's ecological closed loop in the entire network ecosystem.

The Mixin Network team knows that only when many developers enter, the ability of the Mixin Network can continue to be seen by users, and the imagination of the entire network is unlimited. Combining digital asset security and management, Mixin Network will continue to overlay related product services and capabilities with the
entry-level application of wallet.

Mixin Network's first product is Mixin Messager, which is known for its social and wallet attributes, while the
second DApp is a decentralized exchange and a larger extension of the wallet function. The wallet is just the
need for asset management, and the extension of the Mixin Network will continue to be on the line.

At present, Mint revealed that many entrepreneurs of traditional projects have approached Mixin Network. Most of these entrepreneurs have more mature products. They want to enter the blockchain industry, but lack the
technology and network of wallet direction. Mixin Network will fully embrace Developers, providing full support.

It is for this reason that developers can put more imagination into the Mixin Network. Undoubtedly, the
developer's imagination is the imagination of the future of the Mixin Network

Website: https://mixin.one/
WhitePaper: https://mixin.one/assets/Mixin-Draft-2018-07-01.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5028456.0
Twitter: https://twitter.com/Mixin_Network
Facebook: https://www.facebook.com/MixinNetwork
Telegram: https://t.me/MixinCommunity
Github: https://github.com/MixinNetwork
Reddit: https://www.reddit.com/r/UNetwork/

Author:
Telegram: @Alex14BBC
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2382322
Bitcointalk Username: a.shabanov