Another Really Dope Version of NIX is Emerging

This means changes, big changes.

  • The ground-breaking privacy tech that makes NIX so special will continue, operating through a validator network as a side-chain to Ethereum (to begin with), via the NIX Bridge.
  • The native NIX coin will pivot onto the Ethereum chain and exist as a native ERC-20 token, with the Bridge providing full privacy to NIX and other ERC-20 tokens.
  • The scheduled inflation will become zero as block rewards will no longer exist, meaning perpetual sell pressure is eradicated. It’s hard to forecast the total supply once the swap is concluded but it’s estimated to be in the region of 40,000,000-45,000,000 after the dev fund burn and inactive wallets are taken into account.
  • An exciting re-brand of the entire ecosystem including new project name, ticker and website to give it a more accessible and modern feel, ready for the token swap. NBT will also get a new name and become further integrated into the project architecture.

Prometheus has evolved

Less friction and more creativity

 by the author.

--

--

--

NIX Platform has rebranded to Mute! Check out our new site on https://mute.io

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Proof of Work vs Proof of Stake — What’s the Difference

LocalCoinSwap — A decentralised crypto marketplace, owned by the community

Meet the Cudos Cast design competition winners! 🏆 — CUDOS

Steven Sprague visits the Rivetz Telegram

Error Poo Coin and Metamask

A Review Of LUNO’s Bitcoin Interest Account

MEXC Will Merge the Shares of DOGE3S Leveraged ETF

01 Exchange Releases UST as Collateral to Trade LUNA-PERP & Other Perpetuals

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Mute.io

Mute.io

NIX Platform has rebranded to Mute! Check out our new site on https://mute.io

More from Medium

Zen Launch awarded a NEAR Foundation grant

DeGate becomes the newest member of the Messari Hub

PoLido is live on Goerli Testnet!

MetaMask Hygiene