Mixin Network: A Decentralized High Performance Web3 Platform Built with Developers in Mind (Part 2)

avatar

MixinMessenger1.jpg

In the second part of discovering the Mixin Network, we cover Mixin key features and Mixin ecosystem.

Mixin Network key features:

  • Secure - All assets are stored in PoS-BFT-DAG distributed network
  • Fast - More than 1,000,000 TPS capacity with final confirmation time under 1 second.
  • Powerful - Supported 44 blockchains, such as BTC, ETH, XMR.
  • Free - No transaction fee.
  • Privacy - End to end encrypted messages.
  • dApps: Over 100+ popular apps running on Mixin Network.
  • Community: Vibrant & innovative with growing ecosystem like Panda Proto
  • Developer Friendly: Makes it easier for developers to use any language they want to quickly create products and services.

Mixin Ecosystem:

The Mixin ecosystem is growing with projects like Mixin Messanger (MM), Mixin Virtual Machine (MVM), Mixin Trusted Group (MTG), Throttled Identity Protocol (TIP), Mixin Safe (MS), etc. Here is a brief overview of Mixin dApps & protocols:

  • Mixin Messenger (MM): First dApp to launch on the network. It’s an end-to-end encryption messaging app powered by Signal Protocol. It supports cryptocurrency Wallet features that makes managing digital assets simple with a Phone number and a 6-digit PIN.

  • Mixin Virtual Machine (MVM): It’s a cross-chain smart contract platform and a bridge enabling users to connect with Metamask, swap & manage more assets through MVM.

  • Mixin Trusted Group (MTG): Uses multi-signature technology and the high-speed transfer ability to secure the network. MTG is a solution that enables the deployment of trusted decentralized applications on the Mixin network. Best practice in Sharding.

  • Throttled Identity Protocol (TIP): It’s a decentralized key management protocol through MPC technology, which allows people to obtain a strong secret key through a very simple passphrase, e.g., a six-digit PIN. A decentralized solution that lowers the barrier for people without sacrificing the security.

  • Mixin Safe (MS): It’s an advanced non-custodial solution that provides a multiplex cold wallet. Mixin Safe leverages mature technologies such as multi-sig and multi-party computation (MPC) to offer network users the most secure and convenient solution for securing crypto keys.

  • MixPay Protocol: A decentralized protocol for web3 payment. It connects different chains, different tokens, different wallets, different exchanges and offers merchants or any web3 project to accept any crypto without caring what wallet or token the customer uses to pay. MixPay settled on Mixin Network, supporting Lightning Network and Panda USD (pUSD), Panda’s ecosystem over-collateralized stablecoin (pUSD) for quote, payment & settlement.

MixinEcosystemProject.jpg

Mixin Network dApps:

The Mixin ecosystem is vibrant and innovative. Many projects and teams with strong technical and management skills are working together in various verticals such as DeFi, NFT, SocialFi, Payment etc. We can mention projects like Quill for content creators, Trident for NFT collections, Panda Proto for DeFi, MixPay for web3 payments, DonateCafe for Donations, Fennec Wallet and various meet-ups running in Asia, Middle-East and North-America regions.

Mixin Resources:

See Part 1 of Mixin Network overview.

Posted using ThiagoRe.com



0
0
0.000
0 comments