millix

millix distribution plan

Strategy

Wealth is equal to and quantified by the size of contribution. Millix founders intend to put millix in the hands of at least one billion people.

Below is a sequence of the founder's plan to distribute millix from genesis to end user. The plan will be executed with intention and deliberation over multiple years to put millix into the hands of those who contribute the greatest value. Everyone with millix can decide how best to use it, which will determine and reshape how continued redistribution evolves over time.

Every human is a candidate to contribute in at least one of the roles above. The larger the contribution, the larger the potential for receiving millix

Tactics

Each millix founder and co-founder has a vision of how to create value by distributing their millix. These proposals can change or be cancelled at any time and are not meant to imply any future value. Millix.org has no affiliation with, and offers no endorsement of, the plans below. The initiatives described below are only meant to provide transparency of potential work and functionality being independently pursued.

More details about each founder's plans can be found on their respective websites. The brands and initiatives mentioned below are not affiliated with millix.org and will operate as layer two applications built on top of the millix protocol.

Millix Founder: Price Givens

Price Givens envisioned the millix protocol, organized the initial community of contributors and funded it's development. Givens' core belief is that on a long enough timescale, artificial intelligence and automation will replace every existing job, without exception. His vision is to empower all humans to control durable income streams built on their abilities and passions. Since 2013 Givens has planned and constructed a codebase and portfolio of cryptocurrency centric businesses to integrate with each other and fulfill this vision.

- Economic and community models similar to those above will be implemented across the non-cryptocurrency centric brands owned by Givens. These brands focus on finance, entertainment, localization and community generated data.

- In addition to the initiatives above, Givens accepts proposals requiring funding and incubation that can add value to the millix community and economy.

Millix Founder: Dr. Emmanuel Braden, MD

Dr. Braden contributed to the millix protocol vision, the protocol architecture and the funding of its' development. Hisfocus is on machine level transactions and infrastructure.

- Millix node operators provide the computational resources to process transactions and store data. Braden will bridge the gap between genesis and organic adoption of the millix protocol by incentivizing users to operate nodes on the millix network. This operation will be done simply by using the millix protocol as it is designed to be used: by submitting millix transactions with fee payments.

- The millix protocol selects nodes to proxy, validate then propagate transactions to the network. Anyone operating a node has the potential to be selected as a proxy to earn transaction fees. The size of the fees can be adjusted in real time based on network conditions to incentive the number of nodes and their configurations to add computational resources where the network needs it.

- Millix Network Services is an open source, distributed, censorship free version of the internet using the millix protocol to route traffic and host content. Name registration and DNS will operate via millix transactions that are stored across millix nodes. The registered names will point to content that can exist within millix transactions and stored across millix nodes or to traditional web servers.

- Millix Cloud computing allows millix node operators to earn fees by accept computing tasks. This monetizes otherwise unused computing resources such as cpu, gpu, memory, disk and electricity to be rented out to a marketplace of developers and system administrators. Unlike traditional monopolistic cloud computing products, Millix Cloud computing is censorship free, decentralized and priced via a free market.

- In addition to the initiatives above, Dr. Braden accepts proposals requiring funding and incubation that can add value to the millix community and economy.

Millix Core Team Member: Danny D'Brito

Danny is in early stages with two prototype solutions:

- Crowdsourced activism allowing anyone in the world to author change-based public policy initiatives, recruit support, funding, polling and direct action via protest, lobbying and awareness for their cause. Millix will be the reserve currency for fund raising, polling and voting.

- Copyright marketplace connecting licensors and licensees of audio, visual and written content. The solution is meant to broaden content creator's access to the resources of the entertainment industry and to broaden the entertainment industry's exposure to talent. The initial use case will be focused on record labels, distributors (licensees) and musicians, DJs, audio engineers and producers (licensors). Millix will be the reserve currency for commercial features, interactions between users and storing content.

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

use case: how a social network uses millix to pay its users for their engagement

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

use case: millix browser reinvents internet economics one page view at a time- coming soon

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.