Nym Nym Price USD

Nym is the next generation of privacy. It was made by some of the best researchers and developers in the world at top universities like the Massachusetts Institute of Technology, KU Leuven, and University College London. The system is made up of a mixnet, which gives privacy at the network level, credentials, which give privacy at the application level, and the NYM token, which is used to reward the people who run the system and make it long-lasting and scalable. Together, these will make a global, decentralised privacy network that will be powered by the NYM crypto-token.

The Nym mixnet is a network of 3 layers of computers that are not connected to each other. Your communication goes through it wrapped in multiple layers of encryption using the SPHINX packet format. This makes every piece of data that goes through the mixnet look the same. In each layer of the mixnet, your internet traffic is mixed with other people's traffic, and the metadata that uniquely identifies your communications, such as your IP address, timing, and destination, is hidden. This means that your messages are "lost in the crowd." Both the content and the meta-data of your messages are protected, so your communications are private. People who care about privacy have a saying: "Privacy loves company." A mixnet is like this saying: the more data that is mixed together, the more private everyone's data is.

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