Tixl (MTXLT)

Private. Instant. Zero-fees.

Review Score
4.10/5
ICO Price
20 USD
Pre ICO Price
N/A
Soft Cap
N/A
Hard Cap
N/A
Start Date
15 April 2019
End Date
30 June 2019

What is Tixl?

 

Tixl is a new cryptocurrency that allows private, instant and zero-fee transactions.

None of the current cryptocurrencies allows private, instant and zero-fee transactions at the same time. But why is that a problem? In a world heading more and more towards digital currencies each day, we must secure that the essential properties of traditional money preserve. Nobody, neither governments or companies nor private people want the public to be able to see all of their monetary transactions. Also, all users of a digital currency wish to pay as low fees as possible, the higher the fee, the lower the potential for widespread usage. Last but not least, if a future currency is slow, it’s not a future currency.

Tixl uses the most sophisticated technologies emerged from the blockchain world of the past years. As such, it uses a Directed Acyclic Graph (DAG) as a data structure together with the Stellar Consensus Protocol (SCP). To ensure that transactions stay private, a quantum secure cryptosystem is implemented to encrypt transaction details.

To finance the implementation of Tixl and also to raise capital for marketing an Initial Coin Offering (ICO) is conducted. During the ICO Tixl Tokens on the Stellar platform are sold that operate as vouchers and will later be swapped to the Tixl currency itself.

Similar opportunities apply to an investment in Tixl as to an investment in Bitcoin, Ethereum or another cryptocurrency. If Tixl rises in price and you bought early in the ICO, you benefit from the corresponding performance. For example, if you’d invest $1,000 in the first ICO phase and Tixl reaches a market cap of one billion USD, your investment would be worth approx. $97,000.

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