After years of growth, the staff of Mysterium Community, a decentralized VPN protocol & ecosystem, has introduced that on Monday, November twenty second it can launch its mainnet on each the Ethereum and Polygon mainnets. Throughout testnet, the Mysterium VPN app was downloaded 400,000 instances, with over 114,000 month-to-month energetic customers (MAU).
Mysterium is powered by a world peer-to-peer market. Customers flip their units, 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. At present, there’s 900TB of site visitors served every month and hundreds of thousands of P2P micropayments happening within the community every day.
“Our community is already utilized by folks all around the world to bypass censorship, blackouts, and surveillance they expertise of their day by day lives. However Web censorship is simply anticipated to worsen in 2022. We have to undo many years of exploitative centralization and ensure our internet infrastructure is immune to political and company management. It’s an thrilling time for the way forward for Web3, and we’ve got massive plans to make the web actually borderless. Extra particulars about our venture’s new course might be shared subsequent week.”
– The Mysterium Community Group
Tokenomics 2.0: MYST Delegation Pool
In the course of the mainnet rollout, Mysterium may even be redesigning its tokenomics mannequin to assist new use instances and to maximise the decentralization of the community. Moreover, Mysterium might be using the brand new IQ Protocol by PARSIQ to simplify funds for customers and node runners and plus add a staking mechanism that allows all community members to earn yield in a low-risk and safe method.
Node runners might 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 obtainable to be issued in DAI stablecoin.