two families of data propagate throughout millix:
transaction data: transferring millix from a sender to a recipient
network data: information about the nodes participating on the millix network
transaction data propagates through the network to be received by the recipient and stored by all the nodes supporting the shard that the transaction is associated with. network data describes attributes of nodes, such as what shards they support, how often they prune data, how many peers they are connected to and other information that describe themselves for other nodes to consider.
data propagation is made possible by nodes connecting to other nodes as peers and syncing the data that they have received from their other peers.
node A is connected to:
node B
node C
node D
node E
node F
node B is connected to:
node A
node C
node G
node H
node Z
in this example node A and node B are peers that sync data to each other. as a result node A would be exposed to data stored on nodes G, H and Z and node B would be exposed to data stored on nodes D, E and F.
data propagates consistently and quickly when nodes frequently rotate their peer connections. nodes are configured to have a maximum number of inbound and outbound peer connections. the optimal configuration of the number of connections is determined by the health and strength of the hardware the node is running on and the role it aspires to perform (see full node cluster valve).
nodes can have preferred peers, but to optimize their visibility to as much of the network activity as possible, they should connect to a large and diverse pool of nodes. each time a node replaces a peer with another peer (rotation) they are potentially exposed to new data from a different part of the network.
peer rotation occurs proactively and reactively:
proactive rotation supports the node striving to have current and diverse data from the network. the node knows that new data is available but it doesn't have expectations about what the data is. proactive rotation behavior is defined by a collection of node configurations. the nature and frequency of proactive rotation is configurable.
reactive rotation occurs when the node knows it is missing data and wants to connect to the peer node that is most likely to have the data. it strives to connect to a peer node that announces attributes about itself that make it a good candidate to respond to a specific data request. reactive rotation is done as needed.
there are three approaches to selecting peer nodes in order to gather current and diverse data from the network:
data quantity: favoring peers based on the amount of data they store
peer popularity: favoring peers based on the number of peers they connect to
random selection
for normal node operations a blend of all three approaches should produce optimal data currency and diversity. the default configuration is to use each of the three approaches with equal frequency. however, the weighting of the approaches is configurable in any combination. for example, a node could be set to randomly select a peer node 100% of the time.
in addition to the configuration of the weighting across the three approaches, an additional configuration is available to further define the data quantity and peer popularity approaches. the configuration allows definition of data quantity and peer popularity as either:
more than average: chooses a random node from an eligibility pool consisting of the top 50% of nodes
more than most: chooses a random node from an eligibility pool consisting of the top 20% of nodes
more than all: chooses a random node from an eligibility pool consisting of the top 1% of nodes
the hard coded options above are available in the millix user interface and can be replaced with any value directly in the millix database config table.
selecting a new peer to request specific data is done by examining peer attributes and identifying which nodes are most likely to have the data requested based on the following criteria:
shards supported
record counts of each shard
timestamps of most recently added records in each shard
fee for providing data
node reputation (how many nodes are blocking it, how many doublespends has it created or validated etc)
the node attempts to connect and query the node attractive node first, and continues down the list until a successful connection is made and the requested data is provided.
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
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
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.
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 does millix data sharding work
learn more: the millix toolbox of trust
learn more: how do transactions work
learn more: how do transactions get verified
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
developers: contribute to the millix project
millix is available to download for windows, mac, and linux at millix.org/client.