Friends, today we will get acquainted with the token, which has shown a significant increase in the last 7 days. Let's analyze the Mixin (XIN) token with the indicator of + 169.60%.
Mixin (XIN) is a blockchain network token, whose services operate on the basis of the EOS technology and which seeks to unite all existing blockchains with unlimited bandwidth.
The project has released 1 million XIN tokens. Half of them were reserved for team members,
and 400,000 tokens went to the BigONE exchange as a pair of XIN / EOS assets for the period from November 25 to December 25. The remaining 100 thousand tokens after December 25 were sold by an accredited user at the minimum price set at BigONE. To become an accredited user, you had to register on the platform, tying the phone number to which the invitation code and link was sent. This link had to be sent to friends, and if someone registered with an invitation code, the sender and invited received a fixed share of the quota of accredited users.
Token is on the 48th place in the CoinMarketCap ranking, and its current value is $ 1,017.94. The project capitalization exceeds $ 422 million. Mixin developers are striving to create a blockchain network with fast transactions, on the basis of which other developers can create their own decentralized applications.
Only trusted users will run full-fledged nodes, and information from such nodes should be taken as a priori correct.
The network allows you to perform calculations with only one node, while the others only accept its data, and therefore the network scales easily.
To access the funds on the wallets, no private keys are needed for each address - the user is identified by the phone number and PIN-code, which the user gets access to his coins.
The project will also launch an instant messenger for the exchange of tokens and data using end-to-end encryption.
In general, the Mixin project is similar to modern financial services with all its inherent flaws - users must trust a limited number of full-fledged nodes, which can, at the request of the owner, make changes to the blockchain and cause serious damage.
Mixin Network Link:
ANN Subject: https://bitcointalk.org/index.php?topic=5028456.0
My profile - pushka - https://bitcointalk.org/index.php?action=profile;u=1166061
ID Mixin 37210600