About MYST
Mysterium foundation is developing Mysterium Network ¨C an Open source software, powering a Decentralized Network of VPN Nodes. Mysterium Network acts as a marketplace, its Open Source software allows anyone to join the network both as a provider ¨C selling unused network traffic or as a customer ¨C ?buying VPN service from other Mysterium Network providers. Mysterium Network is based on a complex architecture revolving around P2P, Blockchain, Smart Contracts, State Channels, etc.. Read our?WHITEPAPER?for a detailed description on how the protocol will enable the creation of completely decentralized VPN network, powered by decentralized micro payments.
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Frequently Asked Questions
What is Mysterium Network?
Read MoreMysterium Network is an open-source ecosystem of protocols, tools, and Web3 infrastructure making the internet borderless and accessible for all. The network gives both users and builders the tools they need to safeguard their online anonymity and equal access to information. Mysterium held a token sale through which it raised $14 million CHF.
Mysterium is powered by its permissionless, peer-to-peer network. Anyone can turn their device into a node and rent their spare internet resources, such as bandwidth or IP address, in exchange for cryptocurrency. The network is tamper-proof, anonymous, and encrypted like Tor, but with superior usability, stability and speed.
Mysterium’s B2B Network-as-a-Service lays the groundwork for all kinds of enterprise-level services to be built, including the project's flagship product, the Mysterium VPN, available for Android, Windows, Mac and Linux (iOS in 2022). Developers and entrepreneurs can build private, censorship-resistant tools, and businesses can make their products globally accessible and secure. The technology is fully compatible with both Web2 and Web3 platforms and can be integrated with VPNs, proxy services, DeFi wallets, browsers, search engines, data scraping solutions, and streaming apps, building censorship-resistance into the apps we already use.
What is MYST?
Read MoreMYST is the utility token at the heart of Mysterium Network. MYST is used for frictionless P2P micropayments within the network. If you’re using the VPN, you can pay with MYST token. If you’re a node (provider of the VPN service) you receive MYST. Mysterium has designed its own unique micropayments infrastructure, the Hermes protocol, to facilitate these fast, anonymous, and censorship-resistant transactions.
In 2022, Mysterium will be among the first to integrate the IQ Protocol, developed by PARSIQ. The protocol powers the Mysterium Delegation Pool, a completely risk-free, collateral-free solution that allows holders to stake MYST and earn rewards in DAI stablecoin. Node runners stake MYST to run a node. Nodes can rent MYST from the delegation pool without any upfront capital, and a portion of their earnings can be used as repayment. This DeFi mechanism rewards stakers, growing their stake proportionate to pool size and network traffic.
MYST is an ERC-20 token with the addition of ERC-2612 (the permit function), which was introduced with the DAI token and popularized by the Uniswap team.
What is the all-time high price of Mysterium (MYST)?
Read MoreThe all-time high of MYST was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Mysterium (MYST) is 0. The current price of MYST is down 0% from its all-time high.
How much Mysterium (MYST) is there in circulation?
Read MoreAs of
, there is currently 20.03M MYST in circulation. MYST has a maximum supply of 32.43M. What is the market cap of Mysterium (MYST)?
Read MoreThe current market cap of MYST is 4.93M. It is calculated by multiplying the current supply of MYST by its real-time market price of 0.246213652725.
What is the all-time low price of Mysterium (MYST)?
Read MoreThe all-time low of MYST was 0
, from which the coin is now up 0%. The all-time low price of Mysterium (MYST) is 0. The current price of MYST is up 0% from its all-time low. Is Mysterium (MYST) a good investment?
Read MoreMysterium (MYST) has a market capitalization of $4.93M and is ranked #1473 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Mysterium (MYST) price trends and patterns to find the best time to purchase MYST.