Mixin is one of the latest crypto networks to enter the market, built on the Directed acyclic graph and Byzantine Fault-Tolerant protocols. It is designed to help connect blockchains that are already in operations and guarantee them unlimited throughput. The whitepaper of Mixin indicates that the network also employs Trusted Execution Environments (TEEs) that are anchored via mobile nodes to help create a scalable, secure and inter-chain protocol. The project founders want to ensure that the system can guarantee near instant transactions and support Decentralized Applications (DApps) development. When the network was launched in November 2017, the publicity and anticipation was approaching fever pitch resulting to very high price of over $2000 for every native token in the first months. However, the price fell steadily with more than 65% to the mid-2018 level.
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