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Venezuela
2 Level
86 Review
264 Karma

Review on Mixin by Eve Vallenilla

Revainrating 4 out of 5

Interoperability between networks for free operations

The digital industry possesses a wide range of blockchain platforms with impressive capabilities and services. However, most operate in isolation, forcing the user to have to resort to several networks to carry out different procedures. This leads to wasted time and additional payments for network usage fees.

As a way to solve this situation, the Mixin platform arises.

What problems does the Mixin platform solve?

 Compatibility between different chains:

Thanks to the use of DAG (directed acyclic graph) technology, Mixin can interact with different blockchain networks, without the need for blocks, generating transactions that operate Proof of Work.

It also uses the BFT (Byzantine Fault Tolerance) algorithm that allows the stability of the network to be maintained, despite the failure caused by some node.

 Data transparency:

Thanks to efficient data management, the network remains stable and builds trust between participating nodes

 Dynamic operations:

Transactions are not executed under predetermined criteria. Instead they mobilize according to each situation

 Savings in payment of fees:

Due to the fact that blocks are not managed, the management and transfer of assets does not generate any cost

 Reliable messaging:

Because the nodes of the Mixin network do not have access to private messages between users or groups, this network guarantees that the information is handled in an encrypted and secure manner.

 Simplify the use of keys:

Due to the lack of complex keys to access the network, users can use a simple authorization PIN to enter the platform

These and other valuable features make Mixin a promising, reliable and innovative platform.



Pros
  • Guarantees free operations
  • Stable platform
  • Provides transparent data management
  • Ability to handle large volume of data efficiently
Cons
  • Requires 10,000 XIN to join the network as a node

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