A new interface will make swapping the native $NYM token and the Ethereum $NYM token simple for everyone!
An essential component of the Nym token economics is delegating tokens to mixnode operators. This measures reputation, but it also incentivizes and rewards contributors to the ecosystem for providing good mixes, keeping the mixnet running smoothly.
It is a common #myth that using incognito mode results in untraceable browsing. However, it must be kept in mind that incognito mode only deletes browsing history, but your IP address and activity can still be monitored. Safe browsing! ๐Ÿ”
๐Ÿ” Myth: Blockchain transactions are inherently private. ๐Ÿ›ก๏ธ Fact: Layer 1 blockchains often expose traffic, making them susceptible to analysis. Nym Mixnet provides vital privacy protection at Layer 0, safeguarding transactions against unwanted scrutiny.
The Mixnet Contract facilitates rewards, reputation and payments, and currently contains $NYM from 3 sources: 1๏ธโƒฃ A mixmining reserve to bootstrap rewards for mixnodes. 2๏ธโƒฃ Tokens received to bond a mixnode. 3๏ธโƒฃ Tokens received to delegate stake to a mixnode.
๐Ÿ’ฌ Join the Nym community to engage with fellow privacy enthusiasts and stay updated on the latest developments. Connect with us on Discord, Telegram, Element, and Twitter. Let's build a more private and secure internet together!
NymConnect is a one-click interface enabling you to privacy-enhance everyday applications by running them through the Nym mixnet. This privacy-enhances Telegram at the network level and allows users to access the application from locations like Iraq.
Congratulations again to the members chosen as Nym's first community grantees! Nym received a ton of excellent proposals and some are on a waitlist. Keep your eyes peeled for the next round. ๐Ÿ‘€ Check out Nym's Community Grants Page ๐Ÿ‘‡๐Ÿป https://nymtech.notion.site/Nym-Community-Grants-Page-27e30e2000d0456d949e20082f3db426
๐Ÿ”’ $NYM is a utility token enabling users to access the internet through the Nym mixnet. It serves as a reputation and incentive vehicle for mixnet infrastructure operators. Explore the utility and significance of $NYM tokens in the ecosystem:
Nym has grown a lot since its early days. From funding, integrations, launches and more, take a look at Nym's key milestones over the past years! image