After years of building, the group of Mysterium Community, a decentralized VPN protocol & ecosystem, has introduced that on Monday, November twenty second it’ll release its mainnet on each the Ethereum and Polygon mainnets. All through testnet, the Mysterium VPN app was once downloaded 400,000 instances, with over 114,000 per 30 days energetic customers (MAU).
Mysterium is powered by means of an international peer-to-peer market. Customers flip their gadgets, akin to Raspberry Pis or computer systems into nodes, which act as miniature servers. Those node runners can then promote their spare web sources to one another, akin to bandwidth and IP cope with. This creates a censorship-resistant layer of the web. These days, there may be 900TB of visitors served every month and thousands and thousands of P2P micropayments happening within the community every day.
“Our community is already utilized by folks in all places the arena to avoid censorship, blackouts, and surveillance they revel in of their day-to-day lives. However Web censorship is handiest anticipated to worsen in 2022. We want to undo many years of exploitative centralization and ensure our internet infrastructure is proof against political and company regulate. It’s a thrilling time for the way forward for Web3, and we’ve got giant plans to make the web really without borders. Extra information about our mission’s new path might be shared subsequent week.”
– The Mysterium Community Workforce
Tokenomics 2.0: MYST Delegation Pool
All through the mainnet rollout, Mysterium may also be redesigning its tokenomics style to give a boost to new use instances and to maximise the decentralization of the community. Moreover, Mysterium might be using the brand new IQ Protocol by means of PARSIQ to simplify bills for customers and node runners and plus upload a staking mechanism that permits all community members to earn yield in a low-risk and safe means.
Node runners might be required to stake tokens, locking them within the community. The beta model of the Mysterium delegation pool will permit token holders to stake MYST, and earn rewards in MYST. Sooner or later, rewards for each nodes and stakers may also be to be had to be issued in DAI stablecoin.