About Mysterium Network
Mysterium Network Decentralized and safe access to the Internet. Airbnb for your Unused network traffic. Get paid for renting your underused Network capacity.Mysterium protocol will eventually become a combination of different elements united into a coherent system.
Mysterium Network first goal is to completely decentralize VPN node network, by using technologies such as existing VPN and proxy protocols, Ethereum blockchain, smart contracts, state-channels, decentralized database solutions, privacy ensuring coins like Monero or Zcash and other solutions. This will be achieved throughout the development of Phase I, which is made up of 3 different stages (see 5. Roadmap). At the end of the 3rd Stage of Phase I,a completely decentralized and open source VPN network with all of its functions also decentralized will be released.
Mysterium Network vision is to build Mysterium protocol capable of “dissolving” user data and sending it deep into the Network of Mysterium Nodes without the possibility of trace or censorship. The Network will take care of sending this shredded and encrypted data in an
unrecognizable form to the receiving end, where Mysterium Protocol will ensure this user data to be “reassembled” again. Mysterium protocol will eventually become a combination of different elements united into a coherent system.
Mysterium aims to be fully decentralized, peer to peer based and serverless node network,
designed to provide privacy restoring techniques to its users with financial incentivization to its node operators (providers). Mysterium achieves this goal by utilizing already-existing
technologies such as Ethereum blockchain, smart contracts and advancing their features with state-channels, evolving mechanisms of promises, combined with censorship-evasion protocols developed by the community acting as applications of the network.
Everyday more and more of lives are transferred onto the Net, which inevitably creates more opportunity for our data to be stolen, hacked, filtered or abused.Research shows that increased data vulnerability is one of the main forces driving an expanding market for Internet privacy and security solutions.There is a visible trend for governments to intrude into our private lives. As more of our lives are on the Internet this intrusion will only increase.Currently.
The token issued during the Token Creation is known as the Mysterium Token, or MYST. This is the only time that these tokens can be created, and therefore the total supply of MYST is fixed. MYST will be an integral part of Mysterium Network where VPN consumers will be charged fees for services. The biggest slice of those fees will go to the VPN node owner (service provider) the leftover will be dedicated to protocol development and support.
VPN service consumer find and pay service providers in Mysterium network by using Mysterium built-in smart contract based Identity, Service Discovery and Payment services. The network itself works over the Internet and relies on Ethereum blockchain for censorship resilient distributed storage and transactional processing needs. The Mysterium network uses Registered Identities to enable means of creating limited trust when engaging with services and payments.
There are interconnected software agents representing digital identities. Each identity agent acts on behalf of a person controlling the identity. This software agent is a functional part of the application (a Mysterium network node) used to connect to the Mysterium network to provide or consume VPN services. Each agent has access to a digital identity represented by the agent’s ability to electronically prove service by signing and decrypting all communications using a private key associated with the identity.
Paulius Mozuras LEAD ETHEREUM DEVELOPER, CO-FOUNDER
Valdas Petrulis LEAD SOFTWARE DEVELOPER, CO-FOUNDER
Ricardas Pocius ARCHITECT OF PROTOCOL
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