NYM Network Review: Infrastructure for the Privacy InternetsteemCreated with Sketch.

in hive-192766 •  3 years ago 

🚨NYM🚨
The way the internet is set up supports big companies and very powerful players, but not users. While for some this may be valuable, for others the use of the Internet is irreparable.

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Evidence accumulated over the years cannot deny that internet users, regardless of their location, are involved in an extremely intrusive online surveillance system.

Terabytes of freely generated data are collected daily for various purposes. Companies sell this data without the user's knowledge, which can be used for advanced profiling, microtargeting, and even behavioral analysis.

🔥“Internet Crash”🔥
The coronavirus has made the attack on privacy worse.

Under the contagion arena, governments backed by internet giants are stepping up surveillance to scrutinize personal data and intrude into users' private lives without apparent and apologetic consent. The bad news is that the only way this will change is through fundamental changes that involve changing the very essence of the internet.

Such changes will be able to overcome powerful enemies such as internet companies that indiscriminately troll the data of billions of people to serve malicious purposes. It's easy to see why; With more internet and the transition to digital platforms, more people are demanding internet services. Accordingly, there should be services that serve the user's interest and increase privacy.

↘️Virtual Private Networks (VPNs), as they are, do not necessarily protect against privacy. They can mask IPs, but since most are offered by centralized providers, what they do is change trust.

On the other hand, despite its solid reputation, Tor is “ineffective” against an efficient surveillance machine with a strong capital. But the situation is made worse by the fact that although Tor is helpful in masking IP addresses, it offers relatively poor quality of service as the nodes are run voluntarily. In addition, there is now a shortage of cash on the project, which threatens to further slow down the construction of the privacy platform. Privacy will transform the internet and make it safe and secure for everyone to use.

↘️“Introducing the NYM Network”
#Nym #Network is a #cypherpunk #privacy #platform. It sets out to solve the privacy issues facing the internet today, with a decentralized, incentivized hybrid network and private credentials. Together, the two technologies make users' data private at both the network and application layers.

The project says it can adequately protect privacy against the most advanced data trolling and monitoring techniques used by powerful adversaries who can view the entire network.

↘️From this, NYM Network vividly demonstrates that it is part of the movement to transform the internet in a sustainable way by integrating tools that guarantee privacy for all users of the web.

The platform is developed by #NYM #Technologies, a #Swiss-based startup. Some of the common and the first fund provider, according to the number of customers with the world's largest stock of buildings recently can work together to enable the ıbc's a block chain of the Cosmos, actively Bitcoin I Blockstrea who built and incorporates Status.

🚨“Distinctive Features for a More Private Internet”🚨
The developers announced an incentivized testnet in early April 2020. Within three weeks, a network of more than 8360 NYM hybrid nodes was created. In this testnet, users can experiment with NYM Mixnet by sending privacy-enhanced packets over the network. This is done by encrypting users' traffic, mixing them with others, and making their packets indistinguishable.

The NYM multipurpose #hybrid #network #blocks traffic analysis from intermediaries who can instantly scan the entire internet and illegally extract valuable data.

Additionally, NYM may allow users and third parties to anonymize any pair through their Credentials. Therefore, users may decide to share some or all of their data at their own discretion when compliance is needed.

The NYM infrastructure includes a NYM token that will be released later this year. Hash node operators are rewarded with NYM tokens for their support of private life as a public good and their incentive to provide good quality service to users (as opposed to volunteer-run projects like Tor). It also helps to make the network decentralized, sustainable and resilient.

↘️NYM plans to go public later this year, and they aim to have their technology adopted by big players next year. Their team is well known for being friends with Signal, and #Google's Head of Security, Ben Laurie, is one of their advisors.

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