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Decentralized VPN community Mysterium set to launch mainnet on Ethereum and Polygon » CryptoNinjas


After years of improvement, the workforce of Mysterium Community, a decentralized VPN protocol & ecosystem, has introduced that on Monday, November twenty second it’s going to launch its mainnet on each the Ethereum and Polygon mainnets. Throughout testnet, the Mysterium VPN app was downloaded 400,000 occasions, with over 114,000 month-to-month energetic customers (MAU).

Mysterium is powered by a world peer-to-peer market. Customers flip their gadgets, comparable to Raspberry Pis or computer systems into nodes, which act as miniature servers. These node runners can then promote their spare web sources to one another, comparable to bandwidth and IP tackle. This creates a censorship-resistant layer of the web. Presently, there may be 900TB of visitors served every month and tens of millions of P2P micropayments going down within the community every day.

“Our community is already utilized by individuals all around the world to bypass censorship, blackouts, and surveillance they expertise of their day by day lives. However Web censorship is just anticipated to worsen in 2022. We have to undo a long time of exploitative centralization and ensure our net infrastructure is proof against political and company management. It’s an thrilling time for the way forward for Web3, and now we have massive plans to make the web really borderless. Extra particulars about our venture’s new path shall be shared subsequent week.”
– The Mysterium Community Staff

Tokenomics 2.0: MYST Delegation Pool

In the course of the mainnet rollout, Mysterium may even be redesigning its tokenomics mannequin to help new use instances and to maximise the decentralization of the community. Moreover, Mysterium shall be using the brand new IQ Protocol by PARSIQ to simplify funds for customers and node runners and plus add a staking mechanism that permits all community members to earn yield in a low-risk and safe means.

Node runners shall be required to stake tokens, locking them within the community. The beta model of the Mysterium delegation pool will allow token holders to stake MYST, and earn rewards in MYST. Sooner or later, rewards for each nodes and stakers may even be accessible to be issued in DAI stablecoin.



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