Mysterium network provides Decentralized and Secure Access to the Internet. It is an open source software which allows anyone to rent their unused network traffic, while providing a secure connection for those in need. It acts as a marketplace for decentralized VPN (Virtual Private Networks), based on Ethereum blockchain technology, which allows anyone to join the network both as a provider – selling unused network traffic or as a customer – buying VPN service from other Mysterium Network providers.
Key features of Mysterium Network
Decentralized: It is built using P2P architecture and is infinitely scalable. Since there is no central company or server, it is without single point of failure.
Open Source: All source code is always visible, empowering contributions and 100% transparency.
Privacy: It has Powerful encryption, Node Reputation, Layered Protection Protocols, etc. All these features help user works safely and privately participate in the Network.
Mysterium Network is based on a complex architecture revolving around P2P, Blockchain, Smart Contracts, State Channels, etc. WHITEPAPER is available as of May 11, 2017, for read for a detailed description on how the protocol will enable the creation of completely decentralized VPN network, powered by decentralized micro payments.
Development of Mysterium Network is spread out into distinct phases starting with Phase I and Phase II. Each phase is further divided into several internal stages. As of now, the project is in phase 1 (2017 - 2019), which aims to create a completely decentralized VPN service with decentralized node network and decentralized CORE elements.
How to run Mysterium VPN Node?
Please refer to https://mvp.mysterium.network. Ubuntu and Debian versions for Node are available to download and install.
How do I participate in Token Creation?
The Token Creation event will happen on the website https://mysterium.network and will be a smart contract that will issue MYST tokens for you. Site will update and include information displaying the contract address. Mysterium founders WILL NOT POST— token sale smart contract address on any chat channel!
Mysterium foundation, established in October 2016, by Robertas Visinkis, introduces Mysterium Network. The presale of the token MYST, token of Mysterium Network was done in Dec 2016. And now they are ready with crowdsale. The token creation will start on May 30, 2017 at 13:00 UTC and is planned to close on or before June 29, 2017 , if the cap is reached. MYST holders will be able to use Mysterium Network, either as VPN clients or running VPN Node.
Concept: Decentralized VPN (dVPN). Rent or buy unused network capacity.
Digital Currency: MYST
White paper: https://mysterium.network/whitepaper.pdf
For more updates, technical blogs and general discussion on Blockchain Technology and Ethereum, please join us at our Website, reddit, Facebook, Medium, Slack and follow us at Twitter. Please feel free to share this post, email us with your suggestions and connect at LinkedIn.