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Mysterium

Mysterium (MYST)

$ 0.08
-1.34 %
Main info
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Comments
Markets
Analytics
Market cap
$2.55M
-1.34 %
Volume (24h)
$21.67K
-1.34 %
Circulating supply
20,033,628 MYST
Total supply
25,290,308 MYST
Max. supply
32,433,365 MYST

About Mysterium

Mysterium foundation is developing Mysterium Network – 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 – selling unused network traffic or as a customer – 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..

Key data

updated $0
Market cap$2.55M
Volume 24h$21.67K
Circulating supply20.03M62% of max 32.43M
All-time high$3.86-98% from peak · 2018-01-08

Mysterium (MYST) is a decentralized VPN and privacy-focused cryptocurrency. It enables users to share their internet bandwidth securely and anonymously. The MYST token powers the network, incentivizing participants.

Frequently asked questions

What is Mysterium and how is it different?

Mysterium is a decentralized VPN service that prioritizes privacy and anonymity. Unlike traditional VPNs, it operates on a peer-to-peer network, eliminating centralized control and enhancing security.

How does Mysterium's technology work?

Mysterium uses blockchain and smart contracts to connect users with node operators securely. Payments for VPN services are made in MYST tokens, ensuring transparency and trustless interactions.

How is the MYST token issued?

MYST tokens are minted through a process called Proof of Stake (PoS). Node operators earn tokens by providing bandwidth, while users spend tokens to access the VPN service.

How can I store and use MYST tokens?

MYST tokens can be stored in any wallet supporting ERC-20 tokens. They are used to pay for VPN services on the Mysterium network or traded on supported exchanges.