What is NIX?

The NIX platform is powered by the NIX Ghost Protocol, which includes the best technologies on the market, such as the Sigma Protocol, Stealth Outputs, TOR / i2p network protection, Bulletproofs, and more. The developers of this platform pay attention to the existing problems of the user anonymity maintaining. Many blockchains provide the entire chain of transactions and history due to the publicity of operations. Under certain conditions, this information can be linked to the real data of system participants. Based on the proposed functionality, the NIX project integrates with various services, providing participants with a flexible system of settings and tools which help to maintain financial independence. During the exchange process at the NIX platform, to hide the relevant information, the cryptocurrency that was initially selected for the transaction is converted into platform NIX coins. Funds go through all the processes of hiding data and are transferred to the final cryptocurrency based on smart contracts.
In May 2019, a decentralized off-chain governance system was introduced. Thanks to this innovation, it turns out that users have a voice in the management of NIX. The NIX ecosystem with a verifiable voting system allows users to request development funds and vote for active participants and owners of Ghost nodes.
Now the NIX network uses the Proof of Stake method. Staking allows customers to earn passive income by adding new blocks to the chain. Creating a new block directly depends on the number of coins they own and actively bet on. Staking can be done by the owners, who can also give coins to merchants for rent (LPoS contract). At the same time, the owner of coins retains full control of coins and can cancel the contract at any time.
The NIX Ghost Vault provides a high degree of privacy for both the sender and recipient. There are 4 levels of protection: 1. Confidentiality of information about the holder; 2. The privacy of the sender; 3 The recipient's privacy; 4. Confidentiality of the sender and recipient.
There are Ghostnodes that NIX defines as the next generation of masternodes. These nodes are used to verify confidentiality transactions in the NIX blockchain. All fees for privacy transactions are distributed daily under the smart contract.
It is also worth talking about the Flare dApp, which promises to have a high degree of information security. In addition, thanks to this Flare wallet application, people can get passive income by placing bets, which we have already mentioned earlier.

Where did NIX come from?

The developer of the NIX platform and cryptocurrency is Matt @jackieboy. Mikheil Nems, Pieter Hamels, and others work with him in the team.
The NIX Lead developer first announced NIX on April 29, 2018. He also stated the intention to work with Blocknet company, which helped to develop technologies. The NIX cryptocurrency started with an initial turnover of 38,000,000. Since then, NIX has been successfully developing and performing roadmaps even earlier than planned and adding something new to it.

What are the advantages of NIX?

  • Speed of development and implementation of the roadmap in advance.
  • Highly confidential security system.
  • An accessible and intuitive application that includes many features.
  • An active and friendly community.

What are the disadvantages of NIX?

  • As the project is rather young, it is still unpredictable and should prove itself.

How to buy NIX on SimpleSwap?

We sincerely thank you for your interest in the NIX coin. We hope that you have learned something new about it. Below you can find a brief instruction about purchasing NIX coin on the SimpleSwap platform:

  • Choose the currency you want to exchange (e.g. BTC) in the first drop-down list. Enter the amount you would like to swap.
  • Select NIX in the second drop-down list. You will see the estimated amount that you will receive after the exchange.
  • Enter the Recipient's Address. NIX coin will be sent to this address. Be careful and make sure you use the correct address.
  • Check all the information you have entered. If everything is correct click the Exchange button.
  • You will see the Bitcoin deposit address. You need to transfer the necessary amount of BTC to this address to start the exchange.

See you again on our service.

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