Ethereum Vs MIXIN Network: A blockchain Battle for the Spot.

Developers have discovered that it is less difficult and quicker to build a blockchain project on the Ethereum. This is because Ethereum provide a good environment for developers to effortlessly create decentralized applications on a functional blockchain. Ethereum spare developers time and cost required to program codes and set up nodes by themselves. However, there are many challenges that comes with the use of Ethereum blockchain.

Transaction fees: The design Of Ethereum blockchain is the one that is based on the protocol that every transaction done on the platform will require a fee (gas) before it is successfully processed. This implies all the decentralized applications (dApps) built on Ethereum will have to pay before they process any transaction.

Speed: Currently, the strength of Ethereum platform can process only about 15 transactions per each second. And there are way over a thousand dApps currently running on the platform. This huge load will surely slow down the time to process transactions if by chance even one of the dApps become very popular.

Blockchain Control: The Ethereum development team exercise full power over what happens on the Ethereum blockchain which place them in total control of the blockchain, this implies they can roll out improvements or changes to the platform which could be negative for all the Projects or dApps built on the Ethereum blockchain. Additionally this put developers of dApps in a tight spot as they can not make improvements to enhance their projects since Ethereum has a somewhat rigid policy on the blockchain

Strainous exchange: Every dApp built on the Ethereum blockchain has its own token which is the default token for project. These different tokens are what is required to perform transactions on the platform. What's more, for the dApps anchored on the blockchain, all have a token system which is different from the in house Ethereum ETH token. The issue here is the scalability and hitch free exchange between the dApps and the Ethereum token framework.

Blockchain To Choose

Due to the reasons stated above and many more, blockchain experts and crypto analyst are starting to see the deficiencies and challenges in the Ethereum blockchain and other similar Blockchains that claim to offer a smooth and scalable environment for businesses.

Many other similar blockchains platforms like Litecoin, Hadera Hashgraph etc do not have the most recent ideas to actualize the next revolutionary blockchain environment for users.

I would particularly prefer a blockchain project which is developed to improve on the deficiencies of existing ones and aims to provide a more scalable and secured environment for the users. MIXIN network intends to build a distributed Ledger platform with cutting edge features and easy to use tools for building applications on the platform.

MIXIN distributed Ledger network is a massive development to the cryptocurrency and decentralised technology industry. It will utilize latest and 4th generation technologies such as MIXIN Kernel (to easily verify transactions that are done on the platform), MIXIN Domain (to source for cloud information and assets), MIXIN Extension( to verify and accept extensions from external platforms including smart contracts) etc. to provide a user friendly platform and an amazing user experience. Unlike existing platforms that utilize 3rd generation technologies to design their blockchain, MIXIN is adopting the most recent technologies available in the market. The project plans to integrate comprehensive ecosystem of complementary dApps and also welcome service providers that are ready to adopt their technology. The project team has made the underlying technology of MIXIN network be a distributed Ledger as this will encourage easy adoption and connect with a wider community.

You can find more information here. Important MIXIN Community links

Website : https://mixin.one/

WhitePaper : https://mixin.one/assets/

Facebook : https://www.facebook.com/MixinNetwork

Twitter : https://twitter.com/Mixin_Network

Telegram : https://t.me/MixinCommunity

My Contacts

BTT: https://bitcointalk.org/index.php?action=profile;u=2136963

MIXIN ID: 37201228