the two experts and the overall population have acknowledged the thought behind Bitcoin and blockchain innovation, and the client base of digital currency is developing at a quicker and quicker pace. Tragically, Bitcoin experiences this quickly developing reception. The most noteworthy issues are inadequate exchange limit, moderate affirmation and high exchange expenses. Because of the unyielding profoundly conveyed nature of Bitcoin organize, it's difficult to settle some basic blemishes. As opposed to settle the first Bitcoin venture, the vast majority endeavor to create new undertakings that location distinctive saw inadequacies of Bitcoin. Accordingly Ethereum, Monero, Stellar, Cardano and numerous new blockchains have been created in the previous couple of years. All of them endeavor to settle the issues of Bitcoin while including some new highlights of their own. Be that as it may, they can't save or expand the first Bitcoin organize, and are neither ready to interoperate with one another.
some Bitcoin adherents are chipping away at tending to Bitcoin's weaknesses, and they have proposed a few fantastic arrangements. The most huge one is Lighting Network[0], which is a micropayment framework based on Bitcoin arrange without requiring any changes to Bitcoin code. Another fascinating arrangement is the Liquid[1] venture from Blockstream, which is a unified and two-way pegged sidechain close by Bitcoin blockchain. Every one of these endeavors have advanced the whole Bitcoin organize without giving up the security and circulated nature of the first Bitcoin vision. Comparable arrangements have been advanced on Bitcoin contenders, e.g. the Raiden Network[2] on Ethereum. the solution that can empower all the popular distributed ledgers is Mixin network.
MIXIN NETWORK
Mixin is a public distributed ledger that allow any public distributed ledgers to gain trillions of TPS, sub second final confirmation, zero transaction fee, enhanced privacy and unlimited extensibility.A free and lightning fast peer-to-peer transactional network for digital asset.
Mixin is composed of a single theoretically permanent Kernel, many dynamic Domains and different multipurpose Domain Extensions, to formulate an extended star topology.
Mixin Kernel
The Mixin Kernel is a high performance distributed ledger and its sole responsibility is to verify asset transactions. That said, the single permanent Mixin Kernel is also a distributed network just like Bitcoin network as a whole. Although Mixin Kernel verifies asset transactions, it doesn’t produce any assets. All assets flow through the Kernel by Mixin Domains. The core of Mixin Network is the Mixin Kernel, a fast asynchronous Byzantine fault tolerant directed acyclic graph to handle unspent transaction outputs within limited Kernel Nodes.
Mixin Domain
Mixin Domain is a component to provide assets for Mixin Kernel, the Kernel itself is also a component in the Mixin Domain to verify and govern its assets. Unlike most existing gateway based solutions, Mixin Kernel and Domains are all public available distributed ledgers, with no central authorities. From the Kernel to Domains, the Mixin Network is all about assets and transactions.
Domain Extensions
The Mixin Domain Extension is where the magic happens, whether for Ethereum contracts, EOS contracts, a distributed exchange on somewhat trusted instances, or anything else.
Domain Extensions With a transaction only purpose Mixin Kernel, and Mixin Domains as assets provider and gateway to external blockchains or any other sources, Mixin has become the most sophistic and high performance distributed ledger to almost all digital assets. However, people need smart contracts, which have been made popular by Ethereum. We allow Extensions to Mixin Domains, something similar to smart contract but with higher robustness, capability and performance. of contact@mixin.one
Domain Extensions are programs running in the Domain Virtual Machine secured by the Secure Enclave in Intel SGX, a popular and secure Trusted Execution Environment. Due to the possibility to run the “smart contract” in a single computation unit, Domain Extensions can achieve many goals which are almost impossible in something similar to Ethereum. 1. Much higher performance and lower latency which is only limited by the hardware. 2. Non-deterministic transactions, e.g. trustable random number. 3. Interact directly with trusted external sources. Besides these trusted applications, it’s also possible to run other popular distributed VM, e.g. Ethereum or EOS
ATTACK RESISTANCE
In view of the PoS and circled nature of both Kernel and Domain Nodes, and execution by Intel SGX, the keys are almost guaranteed to be shielded from breaks. Because of the exceedingly scattered key duplication and riddle sharing part, the mixed private keys are in like manner guaranteed to be shielded from setback. Ideally, every preferred standpoint should have different passed on territories, these spaces are spoken to by the Kernel and securely actualized by Intel SGX. The related keys must be gotten to from where they were made in the Domain, also upgrading the level of affirmation. The Kernel will modify the advantages in different Domains consistently to furthermore keep the preferred standpoint incident if there should arise an occurrence of a moderately incomprehensible private key gap or adversity in different spaces. We will exhibit that Mixin is alright for cutting edge assets against different possible strike vectors. To enhance the illumination, just Bitcoin will be used for instance.
Conclusion
the Mixin Network as a multi-layer appropriated arrange. The center layer (Mixin Kernel) is an exceptionally circulated value-based system composed by the ABFT coordinated non-cyclic chart. The Mixin Domains layer is very extensible with no overhead to the Mixin Kernel execution. We additionally have an intensive security evidence that while overseeing outer blockchain resources, Mixin is secure for day by day use contrasted with any current cool stockpiling arrangements.
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
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