Mixin (XIN) bills itself as a free and lightning fast peer-to-peer transactional network for digital assets. Leveraging Directed Acyclic Graph (DAG) and Byzantine Fault-Tolerant protocols, Mixin aspires to help other blockchains ‘achieve trillions of TPS, sub-second final confirmations, zero transaction fees, enhanced privacy, and unlimited extensibility’
Mixin is one of the latest crypto networks to enter the market, built on the Directed acyclic graph and Byzantine Fault-Tolerant protocols. It is designed to help connect blockchains that are already in operations and guarantee them unlimited throughput. The whitepaper of Mixin indicates that the network also employs Trusted Execution Environments (TEEs) that are anchored via mobile nodes to help create a scalable, secure and inter-chain protocol.
Best 5 Wallet For Storing Mixin
The Ledger Hardware wallet provides access to the world’s leading digital currencies, and supports many others. It features a 3.5-inch color touchscreen and Bluetooth capabilities. Ledger also offers high-level security, a user-friendly interface, and integrations with several exchange services. The companion software Ledger Live is available on all desktop devices. The Ledger Hardware wallet is available in two models: Ledger Nano S / Ledger Blue.
2. Digital asset wallet function
As a full-currency wallet, Mixin Messenger now supports all currencies on the 9 main chains. After recharging, the token will be displayed automatically, at least 40,000. For each type of token, when you need to recharge, you can click on the main chain address according to which main chain it belongs to. The time of arrival, according to the speed of each chain. And to other non-Mixin network addresses, the handling fee is slightly higher.
A free Ethereum and ERC-20 wallet client that makes it easier for you to manage, store, receive, and transfer Ether and ERC-20 tokens. Recommended by veterans of the industry, MyEtherWallet is compatible with Trezor wallets, Ledger wallets, and MetaMask. MyEtherWallet also allows users to download and print their wallets creating paper versions.
Tips for securely storing your Mixin
- Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
- Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
- Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
- Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
- Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
- Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.