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
data distribution systems
online financial services
manufacturing and logistics operations
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
use case: how a social network uses millix to pay its users for their engagement
community: millix certification for technical and non-technical careers
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
use case: millix browser reinvents internet economics one page view at a time- coming soon
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
millix is available to download for windows, mac and linux at millix.org/client.