NIX platform is "private-based decentralized exchange manager". It introduces the Ghost Protocol, which combines multiple privacy protocols such as Zerocoin, Stealth Outputs, TOR/i2p network protection, and Bulletproofs. In a NIX-enabled exchange transaction, coins are firstly swapped to NIX, passing through the ghost protocol, and then swapped again to the final coin using atomic swaps.
The Dex Manager is one of the main NIX upcoming features, which is a platform that allows users to easilyShow more [+] develop and release decentralized exchanges (DEX) able to communicate with any external compatible DEX. Users can also send NIX from their wallets to the "Coin Vault", a private storage feature using the ghost protocol that makes tokens private from the chain.
Nix's masternodes, called ghost nodes, need to lock 40,000 NIX to participate in the validation process and receive a 0.25% fee for any transaction using the ghost protocol plus partial block rewards of 28% per block. The consensus algorithm used in NIX is proof-of-work.
Initial Circulation 38,000,000 NIX. Currently there are 17.7
million Zoin circulating which creates NIX’s initial circulation up to 38 million NIX with a 2:1 ratio and a 7% added coin creation to upkeep the 7% development fund.