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
Developers: 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, buy or sell millix?
use case: millix turns unused computer power into income
get started
millix is available to download for windows, mac, and linux at millix.org/client.
