About Mixin

Mixin is marketed as a free and extremely fast peer-to-peer network for digital asset transactions. Using Directed Acyclic Graph (DAG) and Byzantine Fault Tolerance (BFT) protocols, Mixin aims to enable other blockchains to reach trillions of transactions per second, provide confirmation times under a second, eliminate transaction fees, improve privacy, and allow for unlimited scalability. On September 23, 2023, in Hong Kong time, hackers attacked Mixin Network's cloud service provider's database, resulting in the loss of some assets on the mainnet. The estimated value of affected assets is approximately US$200 million.