Decentralized VPN network Mysterium will launch mainnet on Ethereum and Polygon »CryptoNinjas


After years of development, the mysterious network team, Decentralized VPN protocol and ecosystem, Has announced that it will launch its mainnet on the Ethereum and Polygon mainnets on Monday, November 22. During the testnet, the Mysterium VPN application was downloaded 400,000 times, and monthly active users (MAU) exceeded 114,000.

Mysterium is supported by the global peer-to-peer market.Users will be their equipment, For example, Raspberry Pi or a computer becomes a node, acting as a micro server. These node operators can then sell each other their free Internet resources, such as bandwidth and IP addresses. This creates an anti-censorship layer on the Internet. Currently, there are 900TB of traffic service per month, and millions of P2P micropayments are made on the network every day.

“Our network has been used by people all over the world to bypass the censorship, power outages and surveillance they experience in their daily lives. But Internet censorship is only expected to get worse in 2022. We need to eliminate decades of exploitativeness. Centralize and ensure that our network infrastructure can resist political and corporate control. This is an exciting time for the future of Web3. We have formulated a grand plan to make the Internet truly borderless. About the new direction of our project More details will be shared next week.”
– Mysterious Network Team

Tokenomics 2.0: MYST commission pool

During the launch of the mainnet, Mysterium will also redesign its token economic model to support new use cases and maximize the decentralization of the network. In addition, Mysterium will use PARSIQ’s new IQ protocol to simplify payments to users and node operators, and add a mortgage mechanism so that all network participants can obtain benefits in a low-risk and safe manner.

Node operators will need to mortgage tokens to lock them in the network. The Beta version of the Mysterium delegation pool will enable token holders to pledge MYST and receive rewards in MYST. In the future, rewards for nodes and stakeholders will also be issued with the DAI stable currency.

source:
Mystery net



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