Review on NIX by David Olayide
NIX Coin
Talk about privacy, talk about big business. Privacy is a very big deal in the cryptocurrency industry and everyone today wants a piece of the very best platform, program or cryptocurrency affiliated project. That is exactly what the NIX project aims to achieve for it’s clients or user. NIX makes use of technology, to provide total privacy features for it’s users. Talk about non-custodial features too and that also means there are no centralized servers. User’s are in complete control. The NIX Platform implements and utilizes both Atomic Swaps and privacy. They also make use of a unique technology for privacy that is called Ghost Protocol. This technology, is used to provide anonymous and decentralized transfer of assets across multiple chains. I think this NIX project will be one of the first privacy-based decentralized exchange manager. A long term goal of the cryptocurrency project is to encourage an independence of people in their social or economic structures. NIX, has a circulating supply of 49 million NIX coins and a total supply figure of 102 million coins. I am personally aware of about two cryptocurrency e changes that offer trading for the NIX coin. These exchanges are KuCoin, and Mercatox. There should be others, but maybe I’m not aware of them.
Pros
- NIX is privacy centered
- Guarantee of anonymity of transactions
Cons
- Not everyone understands the technical aspects of the cryptocurrency
