Brett Sun, Founding Member, Developer at BigchainDB
Posted on Jan 24, 2020
MixBytes
12 Reviews
Verified
Blockchain Development On-Demand
We meet your business needs and know how to take your project to the next level. We stay on the cutting edge of each service we provide, from blockchain and DApp development to consulting and advisory services.
Our team of professionals will guide you through blockchain adoption and integration whether you are a newbie or an expert.
UAE
King Salman Bin Abdulaziz Al Saud Street,
Dubai,
Dubai
8761
89264141584
NA
10 - 49
2017
Review Analytics of MixBytes
- 12
- Total Reviews
- 5.0/5
- Overall Rating
- 0
- Recent Reviews
What Users Say
We had a tight deadline and the team at MixBytes stood true to their word.
Brett Sun , Founding Member, Developer at BigchainDB
Smart contract audit for Open Enterprise: a suite of Aragon applications running on Ethereum
Yalda Mousavinia , Co-founder, Product Designer at Space Cooperative
Solidity Smart Contract Audit for Small Aragon Apps
William Griffiths
Ethereum smart contract security audit
Danila Chestnykh , Founder & CEO at DataLight
Multi-Chain Smart Contracts Management System development
Yuri Vasilchikov , Software Developer at CodeValue
What Users Like The Most
- Well-coordinated team of professionals, able to deliver a high quality product
- Timeliness and breadth of knowledge and expertise
- The guys are experts in their field, deeply versed in blockchain technologies and following all the most up-to-date development trends in this area. They disassemble cases in a very detailed and comprehensible manner, offering optimal solutions to solve the tasks.
What Users Like The Least
- The price could have been a little lower ;)
- In general, everything is fine.
- Everything is ok
Detailed Reviews of MixBytes
12 Reviews
- All Services
- Blockchain Technology
- Relevance
- Most Recent
- Rating: high to low
- Rating: low to high
Yalda Mousavinia, Co-founder, Product Designer at Space Cooperative
Posted on Dec 20, 2019
Smart contract audit for Open Enterprise: a suite of Aragon applications running on Ethereum
William Griffiths
Posted on Nov 26, 2019
Solidity Smart Contract Audit for Small Aragon Apps
Danila Chestnykh, Founder & CEO at DataLight
Posted on Jul 04, 2019
Ethereum smart contract security audit
Yuri Vasilchikov, Software Developer at CodeValue
Posted on Jun 27, 2019
Multi-Chain Smart Contracts Management System development
Dmitriy Nazarov, Head Of Marketing Operations at DAO.Casino
Posted on May 16, 2019
Blockchain development for the decentralized gambling industry
Denis Kaizer, Head Of Research And Development at Roobee
Posted on Apr 27, 2019
Token smart contract security audit
Josef Sevcik
Posted on Mar 26, 2019
Smart contract security audit
Andrew Kononykhin, Global Head of Product Management at RAISON
Posted on Mar 20, 2019
Blockchain consulting services from MixBytes
Ivan Golovko, CMO at LTO Network
Posted on Feb 28, 2019
LTO Network Smart Contract
Konstantin Lomashuk, CEO | cofounder at Satoshi Fund
Posted on Feb 05, 2019
MixBytes Team delivered us a high-quality service
Evgeniy Popov, Co-founder, Chief Operating Officer at Storiqa
Posted on Nov 20, 2018
Reliable partner
Executive Interview of MixBytes
Vadim Buyanov
CEO
Please introduce your company and give a brief about your role within the company?
MixBytes is a team of blockchain developers, auditors and analysts keen on decentralized systems. We build open-source solutions, smart contracts, and blockchain protocols, perform security audits, work on benchmarking and software testing solutions, consult universities and enterprises, do research, publish articles and documentation.
How does your company differentiate itself from the competition?
Initially, we have been focusing on blockchain development and security audits. We are a niche DLT market provider and believe that this is our main advantage. Together with proven expertise, this is what distinguishes us among colleagues.
What industries do you generally cater to? Are your customers repetitive? If yes, what ratio of clients has been repetitive to you?
Our customers are from different spheres. These companies consider blockchain technology to improve their business processes and prioritize product security and prefer to have the code audited before its (main net) release. Our most repetitive clients are primarily representatives of the fintech sector and the so-called sphere of decentralized finance (DeFi) - one of the most promising niches in blockchain development.
Please share some of the services that you offer for which clients approach you the most for?
Since we specialize in blockchain development, our services are mainly related to research and development of decentralized protocols and their adaptation to specific business cases in finance, gambling, supply chain and other industries. Blockchain R&D aims to find the best solution that will help increase the efficiency of business processes and reduce operational costs. Another critical service is security audits of smart contracts and decentralized protocols. If audited projects involve financial assets, finding a security vulnerability becomes crucial. Our main task here is to eliminate security threats and risks that may undermine a safe project launch.
Which platform do you prefer to use when developing a blockchain application? Why?
We use Ethereum for development of public blockchain solutions, as it has a developed community and a proven track record of working solutions. We also use EOS as one of the fastest operating blockchains at the moment. It supports many internal algorithm customizations and has a rich and versatile smart contract system. We build on Substrate Polkadot as well. It is a framework for creating customizable blockchains and organizing data exchange between them. It supports a maximum number of customizations in all blockchain modules: cryptography, consensus, contracts, additional logic. We also developed our open-source framework called Haya. This solution is based on the EOS blockchain and has a list of other capabilities that extend its functionality.
What tech stack and tools do your developers use?
Our stack is based on the above-mentioned platforms, namely Solidity, C ++, Rust, JS, WebAssembly, Python, TypeScript, Java. As for blockchain development and security auditing, we use Infura, Truffle, Geth, Embark, Ganache, Mythril, Slither.
Are open-source, decentralized protocols going to be more significant than their web equivalent?
Definitely. Safe management of private data, immutability, and transaction traceability are areas in which decentralized protocols can demonstrate real value compared to classic web applications. Open-source software is an integral part of the upcoming WEB 3.0, which promises a global paradigm shift in communications between companies and users.
What scalability and throughput challenges are there with blockchain? What solutions would you suggest?
Indeed, blockchain scalability and bandwidth issues are now among the ones that prevent its mass adoption. However, leading blockchain vendors, including Ethereum and other teams, are actively developing solutions to handle these problems. These are the so-called L2 solutions, mainly focused on sharding. In a nutshell, sharding helps to divide transactions into "fragments." Each node in the network doesn't process the entire block, but its components. This allows you to process transactions faster and scales the network. Several new "scalability-priority" blockchains are also being developed. They serve users and developers as more scalable payment networks (Bitcoin Cash, Algorand) and platforms for decentralized applications (Cosmos, Polkadot, Dfinity). Though these projects are at the initial development level, they establish a fundamentally new scalable network architecture and look quite promising.
Will the success rate of ICOs be better or worse than tech startups?
The era of ICO and fast money ended in 2017. Few technological startups that develop low-level solutions and protocols aimed to solve the current scalability problems still have a chance to raise funds through IEO (Initial Exchange Offering). It is said that more than75% of all the ICOs did not deliver anything and thereby damaged the reputation of the industry itself. From this point of view, traditional venture financing is perhaps more fair, since it imposes the responsibility of startup founders on investors. On the other hand, the very approach of decentralized retail investment attraction through the issuance of tokens seems promising and innovative, as it gives a wide range of people an opportunity to join a venture capital market.
What are the key factors that you consider before deciding the cost of a project?
Estimation depends on the planned labor costs (time) of the development team and solution complexity. The more innovative the project is, the more time will be spent on design and implementation, the higher the price. As of security audit pricing, we usually take into account source code volume, its complexity, and the presence of dependencies with other source codes.
What kind of payment structure do you follow to bill your clients?
All depends on the service itself. If we are talking about R&D, we use the T&M (time and materials), model. For dApp development, we make an estimate based on the planned labor costs (hours and days), client specification and necessary stack. Security audit rates are mainly based on the amount of source code. In most cases, we divide the payment into parts: an advance payment at the beginning and a post-payment upon delivery of a product or service.
What is the price range (min and max) of the projects that you catered to in 2018?
Blockchain R&D and technology consulting services ranged from $5,000 to $20,000;
Custom blockchain development ranged from $10,000 to $200,000;
Security audit of smart contracts and protocols ranged from $1,500 to $30,000.
Custom blockchain development ranged from $10,000 to $200,000;
Security audit of smart contracts and protocols ranged from $1,500 to $30,000.