If you have not heard about NIX Platform, what are you waiting for? DYOR.

NIX Platform is trying to build a “new financial system” by creating a DEX Manager, in which they will be able to integrate any existing Decentralized EXchange while adding a privacy layer to all transactions.

This means that they will make Bitcoin, Altcoin and Token transactions completely private and decentralized!

In their exact words, NIX will be offering: intra-blockchain, cross-chain and inter-DEX private transactions. The privacy revolution of cryptocurrencies transactions.

Also, NIX is, in my opinion, the best privacy coin of the market at the moment. The team integrated the Zerocoin Protocol, stealth addresses and TOR/i2p to create their Ghost Protocol, which is simply AMAZING.

I am a strong follower of privacy coins, I love Monero, Zcash and ZCoin. I have studied all the privacy protocols that they have implemented, ringct, zerocoin, zerocash, etc., and I have to admit that what NIX team did with Zerocoin is the best implementation of this technology that I have seen in months. NIX Platform made Zerocoin protocol EASY.

NIX is easy privacy, no more mints and spents that take minutes, the process is just like adding coins to a random box and then sending someone to take any number of your coins, completely untraceable, private and INCREDIBLY EASY.

Zerocoin is one of the best protocols out there, completely trustless and super secure. NIX developers managed to convert a hard to understand protocol into a user friendly procedure for all of those who truly worry about privacy.

To make it easy, you are “ghosting” your NIX (mint) adding them to an accumulator where they mix with thousands of other ghosted coins. Progressively, you send those Ghosted NIX to a Stealth Address always under TOR/i2p — that is awesome. I need to see further adoption to calculate its privacy set, but this might be the best user friendly privacy protocol right now.

Moreover, I have seen some screenshots of their upcoming UI/UX wallets and I have to say I am shocked. This team will have the best GUI wallet and the best Privacy Protocol of the market with a real use case in the short term: the NIX DEX MANAGER. Take a look on some shots of their upcoming release here:

Core Wallet Overview

Ghost Vault

Some more information that I want to share is that they started just two months ago, using PoW lyra2rev2 and decided to go PoS to have a more stable block time and IMPROVE their Ghost Protocol privacy set, which makes sense considering that the more coins they have in the Ghost Vault, the faster their privacy set increases, I am talking exponentially.

Here is a demo they shared of how their functional Ghost Vault works:

About other technical facts, it is state of the art. Bitcoin core 0.16, with master nodes called Ghost Nodes, Ghost Protocol (Zerocoin protocol, Stealth Addresses and tor) and their whitepaper foresees the possible integration of Bulletproofs in the near future.

It all seems to indicate that their Ghost Nodes will be one of the most profitable nodes in the market. Each node consists of 40K NIX, there are only 336 at the time sharing this publication, managing to make 16% ROI and having additional earning fees from the DEX Manager transactions once it goes live.

I cannot believe how this project has not gone mainstream yet, probably the exchange is to blame and because they have not done any big marketing campaign so far, although an On Demand documentary has been already filmed with Lead Developer hosted by Rob Lowe, airing to millions of users worldwide anytime soon. They are only listed on IDAX right now, which is a tier 2 exchange. I truly hope fro them to get listed in a better exchange, and I assume that with all their technology this will not take long.

There are only 41 million NIX circulating, and PoS inflation will be around 8% so only around 3.3 million new NIX per year. It’s currently 32 cents (0.32 USD) with a market cap of 13 Million USD. Just do the math, projects like Zcoin, Pivx and even Monero have several times NIX current market cap and hold no level of such an innovative technology. Here is a chart that will help in the comparison among privacy coins: