millix


millix is an open source project that provides utility as a fully decentralized, simple, high speed, large scale, peer-to-peer cryptocurrency


read whitepaper

the millix difference

network

the millix network is a non-hierarchical, decentralized collection of nodes. all nodes exchange data and synch time with all other nodes.

low carbon footprint

transaction unspents expire within minutes, reducing the work load of individual nodes and introducing the possibility of network state to the DAG.

transaction

millix transactions are lightweight, fee-based, and increase in speed as the network scales.

consensus

consensus is achieved locally in millix through an efficient implementation of trust with random peers.

storage

millix operates on a directed acyclic graph (DAG) and each node is capable of storing transaction data while requiring very small disk.

use case

explore various use cases for millix.

product roadmap

read about future product features and when they are slated to go live in the millix network.

fees

millix transactions are pre-validated, proxied and propagated via randomly selected nodes, earning the selected proxy node a transaction fee.

read techpaper

who owns millix, what are they doing with it and how do I get some

there is a fixed supply of millix that will never increase.  millix was designed to be given away to those who contribute to the network’s fundamental value.  click below to learn the strategy and tactics for distributing millix and how you can receive your own.

millix distribution plan

whitepaper

overview

millix is an open source cryptocurrency project. millix is fully decentralized, designed for simplicity, transacts at very high speed and very large scale.

work began on the project in spring of 2018 by a diverse group of developers and business professionals. their motivation to create a cryptocurrency protocol with the use case potential of millix came from their backgrounds building:

  • social network platforms

  • content management systems

  • e-commerce systems

  • data distribution systems

  • online financial services

  • communication services

  • affiliate marketing

  • manufacturing and logistics operations

  • gaming platforms

  • accounting and legal practices

fundamentally, there was a recognition that

“all activity benefits from trusted
transactions at scale”

which influenced the following set of first principles:

  • currencies should not be created with debt

  • currencies should operate at infinite scale

  • the cost of securing value can't exceed the value it secures

  • a currency's market value should be proportionate to its fundamental value

  • participants that increase fundamental value should be compensated

  • currencies should function without carrying the weight of previous transactions

  • currencies should work the same throughout the spectrum of transaction values

  • modern currencies should be at least as simple to use as primitive currencies

  • simplicity at the edge is only possible with equal simplicity in the foundation

to the extent there is an inverted correlation between utility and a store of value, millix is not intended to compete with the use case or feature set of blockchain projects. the utility that comes from scale and speed has been prioritized, leading to the principles and methodologies described above.

learn more: meet the millix team

case study: the speed and scale of millix

community: millix certification for technical and non-technical careers

economy

the total allocation of 9,000,000,000,000,000 mlx (nine quadrillion millix) were created in a genesis event on January 20th , 2020. millix is not being offered directly for sale. instead it will be distributed to participants who support and improve the millix ecosystem.

participants running millix software constantly receive millix for performing protocol related tasks that improve the millix ecosystem, such as storing transaction data and verifying transactions.

the economy is envisioned to allow any participant to incentivize any computing activity by any other participant via fees.

learn more: how can I earn millix?

learn more: how can I earn, buy or sell millix?

economists: how millix aims to produce fundamental value- coming soon

use case: millix turns unused computer power into income

technology

unlike blockchain cryptocurrencies, millix is built on the logic of Directed Acyclic Graph (DAG) for transaction speed and capacity that increases as more transactions and users are added.

millix is original work and was not built on a copied code base of existing work. millix has no points of centralization. millix has no designed bottlenecks. millix has no hierarchy of participants of capabilities. millix data is natively sharded.

learn more: how millix combines the features of blockchain with the concept of infinity- coming soon

learn more: how do DAGs work- coming soon

learn more: how does millix data sharding work

learn more: in depth look at millix logic- coming soon

learn more: the millix toolbox of trust

learn more: how do transactions work

learn more: how do transactions get verified

learn more: how does the millix network work

learn more: keeping data forever, nowhere, and full node cluster valves- coming soon

developers: review sample code for millix API- coming soon

developers: full API documentation and tutorials

node operators: what hardware is the most efficient for running millix- coming soon

roadmap

the initial millix road map consisted of the following themes:

  • base organization and functionality

  • connecting millix protocol to machines for large scale transactions

  • large scale transaction speed and storage

  • a community of earning

  • store and own your personal data

learn more: store hundreds of megabytes of your own data in each transaction- coming soon

consideration: millix personal data storage gives new life to health care- coming soon

developers: contribute to the millix project

learn more: see the current millix road map with dates

get started

millix is available to download for windows, mac and linux at millix.org/client.