millix

millix project privacy and data policy

welcome to millix.org (“website”). this privacy and data policy describes the information we collect and how we handle such information in connection with this website.

what information we collect

we may collect or receive the following of information:

  • information that you provide to us: if you subscribe to a newsletter we provide, request more information about us, or contact us, we may collect information from you such as your email address and your name.

  • information we automatically collect: when you visit our site, we may collect standard server log information such as your browser type, operating system, internet service provider, internet protocol (IP) address, mobile device identifier, sites or pages you visited before or after using the website, the time and date of your visit, information about the pages you view and links you click in the website. We may also use cookies, clear gifs, pixel tags, local shared objects, and other similar technologies such as Google Analytics to automatically collect this information. By using the website, you consent to our use of cookies and similar technologies. You can read more about our Cookies Policy here.

using your information

we may collect or receive the following of information:

  • we use the information we collect and that you provide to operate our website and to improve how it works. we may use this information to make changes to the design and operation of our website.

sharing your information

we may share your information with others as follows:

  • legal, law enforcement and protection of rights: we may disclose information if law enforcement requests that we do so. we may also disclose information pursuant to legal process such as subpoenas, court orders, legal claims or government requests. we may also use information to protect the security of our Website, its users, owners, or the public and to detect and investigate fraud or other unlawful conduct.

  • third-party service providers: we share your information with authorized third-party vendors and service providers who we may engage to provide services for our website, such as data processing and analytics and infrastructure services.

  • millix project associates: we may share information with third party entities or individuals that participate in supporting the millix project ("Associates") such as those developing millix oriented software, services and goods, or those that provide services to us.

  • business transactions: we may share information in the event of a corporate transaction, such as the sale of a website, a merger, consolidation, asset sale, or in the event of bankruptcy.

  • when you give consent: we may share information for other purposes when such purposes are disclosed to you at the time we collect the information and pursuant to your consent

legal reasons for processing information

we rely on a variety of legal bases as necessary to process data, including:

  • in manners that are consistent with your consent;

  • to fulfill agreements such as our terms of use;

  • for our legitimate interests or those of others, such as providing an innovative service to our users and associates, unless those interests are outweighed by your interests, rights or freedoms that would require protection of personal data;

  • to protect your vital interests, or those of others;

  • to comply with legal obligations; and

  • in the public interest.

transferring data

in the event we conduct data transfers from the European Economic Area to the United States or other countries, we use contract clauses approved by the European Commission and we may follow and rely on the European Commission’s adequacy decisions concerning various countries.

retaining data

we maintain information until the purposes for which it was collected are no longer present. we determine this based on the nature of the data, why we processed and collected it, along with other operational or legal needs, which may vary under the circumstances.

withdrawing your consent

you may withdraw your consent to our collection of information. You should understand however that your withdrawal of consent does not affect the lawfulness of our information processing before withdrawal.

applicable laws may provide you the right to access, correct, port, and erase your information. You may also have the right to object to or restrict certain processing of your information or data. These rights include the following:

  • objecting to our processing of your data for direct marketing.

  • objecting to our processing of your data in the public interest, our legitimate interests or those of a third party, and

  • having us delete your personal information.

you may exercise these rights or delete your information at any time by contacting us at consentwithdrawal@millix.org. we will delete all information we have about you, including information you have provided to us and cookie information

our contact information

millix.org is the data controller responsible for your information, and you can contact us here

https://millix.org/

you can also address complaints to your local supervisory authorities.

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

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

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 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

learn more: how does the millix network work

developers: full API documentation and tutorials

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

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.