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! 🔐
🔍 Myth: Blockchain transactions are inherently private.
🛡️ 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:
1️⃣ A mixmining reserve to bootstrap rewards for mixnodes.
2️⃣ Tokens received to bond a mixnode.
3️⃣ Tokens received to delegate stake to a mixnode.
💬 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.
VPN usage is rocketing with its market predicted to double by 2026. But there are important parts missing from the vast majority of VPN products out there.
Find out how Nym is building the world's most powerful VPN:
