NIX NIX

$0.3395
Market Cap $ 14.244 MM (#234)
24h Volume $ 43.462 K
Chg. 24h: 2.18%
Algo. score 3.9/5  (#64)
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NIX project purpose and description

NIX clarity of purpose

NIX purpose and aspects

NIX aims to grant the means and resources that will empower people across the world to achieve independence in their social, economic, and global structure. These assets span from financial security and freedom to private data management and even social content autonomy.nixplatform.io4I. Introduction and Concept2. Objectives and PurposeThe key issue within the blockchain and cryptocurrency realm in the present is user inte-gration. Although the technology has been battle hardened to an extent, real world de-velopment and use case is little to none. The adversity that NIX aims to solve is bridging that problem and empowering elements to create ecosystems with a specific use case. In order to achieve this, NIX will adopt multiple privacy mechanisms, scaling solutions, smart contracts integration, sidechain utilities, and ease of use towards the end consumer speci-fically in speed and environment.

NIX additional differentiation against competition

NIX is being built to establish an ecosystem of asset distribution with the added power of privacy centered metrics. To achieve this, the initial design regarding privacy targets several user adoption elements. NIX has created a unique, personal privacy library, named the NIX Ghost Protocol, that will use the mechanisms of Zerocoin privacy proofs and Bulletproof layers, paired with one-time integrated Zerocoin addresses. This will then be combined with a Tor network that offers OBSF4 bridging and communication. All elements from networking privacy to blockchain privacy will be offered. This layer of privacy focuses on both chain-to-chain asset control as well as intra NIX chain usability.

Short description

NIX is a digital currency that combines Atomic Swaps/Smart Contracts and privacy using a unique, innovative Ghost Protocol to provide the world with a truly anonymous and decentralized transfer of assets for the cross-chain era.

Abstract

NIX aims to grant the means and resources that will empower people across the world to achieve independence in their social, economic, and global structure. These assets span from financial security and freedom to private data management and even social content autonomy

Link to Roadmap: https://nixplatform.io/roadmap/
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