Category

decentralised vpn

$MYST now on PancakeSwap, the leading DEX for Binance Smart Chain

$MYST token is now listed on PancakeSwap. PancakeSwap is one of the leading Binance Smart Chain decentralized exchanges with up to $1 Bn daily trading volume. Enjoy low trading fees and various ways to earn passive income, such as yield farming or Syrup pools.

To start trading $MYST on PancakeSwap you will need to transfer your funds first from the Ethereum blockchain to Binance Smart Chain. We have prepared a step-by-step guide on how to do this transfer via the AnySwap bridge for you.

At current prices, transferring funds via the AnySwap cross-chain bridge will cost you approximately $15-$20. To support our growing community we are covering the costs of transferring funds from Ethereum to BSC, as we have done before with our QuickSwap campaign.

Campaign timeline

 

The campaign will start on the 22nd of September and will finish on the 28th of September. Participants will be paid their rewards between the 6th of and the 13th of October after the campaign ends.

How can I participate?

 

You need to transfer $MYST from Ethereum to Binance Smart Chain and perform at least one transaction on PancakeSwap between the 22nd and 28th of September.

Save the links to the transaction that occurred on the Ethereum blockchain during the transfer process, and the link to your transaction on PancakeSwap, so we can confirm your participation. You can either perform one trade or add liquidity to the pool to be eligible for compensation.

Note that some tokens on PancakeSwap are displayed as “Unknown” due to the streaming services’ issues. We will update our community once this has been correctly displayed.

You can find MYST/USDC pair using this link: https://pancakeswap.finance/info/pool/0x23def92Cc33d8Aac93A1Bd2a0EB32624350949e3

Or by using the MYST BSC address: 0x2ff0b946a6782190c4fe5d4971cfe79f0b6e4df2

Please note that you will need to submit all links via this form between the 29th of September and the 5th of October. 

 

Participation requirements

  1. You performed at least one MYST/USDC trade on PancakeSwap between the 22nd and 28th of September AND/OR you have added funds to the MYST/USDC liquidity pool during the same period.
  2. You have filled in this form between the 29th of September and the 5th of October, with the links to your transfer and transaction confirmed on the blockchain, as well as your BSC wallet address.

Your compensation

 

You will receive compensation in USDC (BEP20) for the costs of the transfer, up to a maximum of $30.

For example, Alice transferred funds from Ethereum to Binance Smart Chain and paid 0.00419 ETH for the transfer, which was $14.14 at the moment of the transaction.

Therefore, we will deposit $14.14 in USDC (BEP20) into her BSC address. If the total value of the transfer exceeds $30, we will compensate Alice $30 in USDC (BEP20). 

How should I fill the form?

 

When you transfer funds from the Ethereum blockchain to Binance Smart Chain, usually two transactions must occur; one on the Ethereum blockchain and another on Binance Smart Chain. You need to submit proof of the Ethereum transaction. You can use a blockchain explorer like Etherscan.io  which shows the transaction confirmation on the Ethereum blockchain. See the example in the screenshot below:

After that, you will need to submit a link showing your confirmed trade or added liquidity on PancakeSwap. Since PancakeSwap is a decentralized exchange, all transactions are displayed on the public blockchain. Please use the BSC blockchain explorer links to prove your confirmed trade: https://bscscan.com/

In the last step, you need to submit your wallet address used for BSC trading, where you will be able to receive your compensation in USDC (BEP20). 

 

Want to get involved in Mysterium Network today?

 

Mysterium Network is a peer-to-peer VPN, powered by a global network of residential IPs. 

Download the VPN for Android, Mac, and Windows, or join our node network and begin earning crypto. 

If you have any questions, jump into our تيليغرامتويتر, or النقاش, and our team can help you out.

$MYST now live on Binance Smart Chain via AnySwap

MYST Binance smart chain

Mysterium Network has partnered with AnySwap, so token holders can transfer MYST between the Ethereum and Binance Smart Chain networks.

This cross-chain bridge is the first step in our plans to list MYST on the largest BSC-based DEX, PancakeSwap.

What is AnySwap?

 

AnySwap is a fully decentralized cross-chain swap protocol based on Fusion DCRM technology. Its main features are an automated pricing and liquidity system. The protocol enables swaps between any coins on the blockchain that uses ECDSA or EdDSA as a signature algorithm.

Since the platform’s launch in July 2020, AnySwap has deployed cross-chain bridges for more than 500 projects. The bridge is non-custodial, which means that AnySwap cannot control your assets as the whole operation process is made via smart contracts.

What makes AnySwap unique?

 

Decentralized Cross-Chain Bridge — Users can deposit any coins using the protocol and mint wrapped tokens in a decentralized way.

Cross Chain Swaps — Users can immediately swap from one coin to another.

Programmed Pricing and Liquidity — Liquidity providers can add and withdraw liquidity into swap pairs.

You can find the project audit here.

 

The MYST token on Ethereum and BSC networks has been deployed to the bridge:

MYST ERC20: 

0x4Cf89ca06ad997bC732Dc876ed2A7F26a9E7f361

MYST BEP20:

0x2ff0b946a6782190c4fe5d4971cfe79f0b6e4df2

How to transfer MYST on AnySwap

 

Transferring MYST tokens will require some initial set up. Below, you can find a guide on adding Binance Smart Chain to your Metamask wallet and transferring MYST.

Step 1 – Add a custom RPC for BSC to your wallet

If you can’t see Binance Smart Chain Mainnet listed among your available networks in your wallet, you need to set this up before transferring funds to BSC. 

You can do this by adding Binance Smart Chain Mainnet RPC as a custom network in your wallet.

In your MetaMask wallet, press the network selection button on the top of the app. 

Go to “Custom RPC”:

After pressing “Custom RPC,” you will see a screen allowing you to set up a custom RPC.

Enter the following Binance Smart Chain Mainnet details shown in the screenshot below:

Network Name: Binance Smart Chain

New RPC URL: https://bsc-dataseed.binance.org/

Chain ID: 56

Symbol: BNB

Block Explorer URL: https://bscscan.com

 

Once entered, press the “Save” button. That’s it! You are now connected to the Binance Smart Chain Mainnet.

Step 2 – Move tokens from Ethereum to BSC Network

 

To move your funds from the Ethereum blockchain to the BSC, you can use the AnySwap bridge:
https://anyswap.exchange/bridge

You can then connect your wallet of choice:

Currently, AnySwap supports MetaMask and Ledger wallet. We are providing steps on how to connect to your MetaMask wallet. Selecting MetaMask requires you to enter your password and sign the signature request. Make sure that you have chosen Binance Smart Chain Network in your wallet.

There is no deposit fee. However, when you redeem your tokens, fees will be charged as follows:

  • The withdrawal fee is 0.1%
  • The minimum withdrawal fee is equal to tokens worth $5, while the maximum – worth $1000

You can read more about AnySwap fees here.

The estimated arrival time of the deposit is 10-30 min, while an amount larger than 2 500 000 MYST could take up to 12 hours.

Enter the amount of MYST you would like to transfer.

 

Then you should press “Agree” to use the project in beta.

 

 

Once you have agreed to use the AnySwap bridge, you will be able to make a cross-chain deposit.

 

 

You will need to press the confirm button.

 

 

Then sign the transaction in your Metamask wallet.

 

 

You should then be able to see the transaction status of your cross-chain transfer by pressing the MYST logo in the upper right corner of the screen.

 

 

Now you just need to wait for MYST to arrive on the BSC chain directly in your Metamask wallet.

 

 

It can take two transactions to transfer your funds to BSC successfully. This should cost you approximately $15 (at the time of writing) on the Ethereum chain. 

Make sure that you have enough ETH in your wallet to cover this fee. 

 

 

To see MYST token in your wallet, you will need to “add token” in your Metamask wallet.

 

 

After that, you should insert  MYST BEP20 token address and press next.

 

 

Press “Next” and “Add Tokens,” and MYST will appear in your wallet.

 

 

Keep in mind that you will need to fund your wallet with BNB to use your MYST in the BSC network. If you need to one day, you can also use this guide to transfer your funds back onto the Ethereum blockchain.

 

If you have any questions, jump into our تيليغرام, تويتر, or النقاش, and our team can help you out.

 

The Crypto Game-Changer – Mysterium & 1xBit Link-Up

Even though more than half the world’s population is now online, geoblocking is still on the rise

This widely accepted practice allows businesses or governments to restrict access to certain websites, based purely on your location. 

While this is generally for the sake of copyright and basic economics, the web itself was not designed to be split apart this way. It was designed to be a borderless global village, where every citizen has equal access to information, services and platforms.

Decentralization of the web is a powerful solution to help restore our digital rights.

That’s why we’re linking up with 1xBit to support their global user base, providing a private and unrestricted gaming experience.

1xBit is an online gaming platform that accepts cryptocurrency payments. The platform offers over three thousand games, and even hosts live matches and eSports. 

Established in 2016, 1хBit is now one of the biggest gaming platforms powered by crypto. It was one of the first pioneers in this virtual market, attracting a community who wanted the anonymous, convenient and accessible experience that crypto brings.

Gaming innovation and the growth of crypto

 

While many industries have suffered the impact of COVID-19, unsurprisingly the online gaming industry is still one of the fastest developing worldwide. Gaming has often been referred to as a leading use case that drives adoption and innovation of blockchain technology. Gambling is “probably the most mature segment in blockchain-based gaming”, shifting users away from pure speculation to actual transactions, and becoming “serious competition to traditional markets.”

During 2020, the gambling industry grew by 13% as people had more “time to participate in several free and paid leisure activities” during lockdown. It is projected that the market will grow with 12% CAGR to achieve 92.9 Bn USD in 2023.

But well before the pandemic – back in 2013 – Bitcoin betting still accounted for over 50% of all Bitcoin transactions. In fact, online gambling was one of the first industries to adopt blockchain technology. And to this day, approximately 50% of all Bitcoin transactions are still in online games. A report from 2017 showed that users were spending three BTC every minute, and making 337 bets per second. 

Improved Internet accessibility and increasing smartphone use are growth influences on the online gambling market. As betting and gambling have become culturally more acceptable pastimes, smartphones have provided the industry with opportunities to expand its customer base. In most countries, mobile users occupy 80% of the total online gambling industry.

The 1xBit advantage

 

Many platforms are turning to cryptocurrency, as it provides users with a wealth of benefits over traditional systems. The gaming world in particular is embracing these digital currency alternatives, as it lowers the barriers to entry, inviting a global community to participate.

Thanks to cryptocurrency, 1xBit gaming users are able to:

  • Stay anonymous while depositing or withdrawing their funds
  • Avoid sharing personal information during a more streamlined signing up process
  • Not worry about the safety of their deposits, since all transactions are recorded and stored on-chain
  • Ensure this transaction data is also secured, as records are not stored in a centralised database, reducing the risk of hacks and personal data leaks
  • Transfer funds instantly, as they don’t need to wait for a bank or third-party to confirm the transaction
  • Pay zero fees on transfers, or other hidden fees that traditional banking and fiat transactions typically charge
  • Receive higher bonuses and rewards, including up to 7 BTC welcoming bonus

Mysterium and 1хBit join forces

With the Mysterium VPN, users can establish a private and secure connection to 1xBit, increasing their level of anonymity. It also makes the platform accessible in regions affected by geoblocks, so the online gaming world can be experienced from anywhere in the world.

Are you a 1xBit user? Get approximately 20Gb worth of free streaming as a new user of Mysterium VPN. Learn more by reading their post.

Want to get involved in the Mysterium Network today?

Try the Mysterium VPN, available for Android, Windows and Mac. You can also join our global node network, to help power the decentralised web and earn crypto while you sleep.

Follow us on تويتر for regular updates or jump into our Discord channel to speak directly with the team.

The Final Phase: Our Polygon x Pre-Mainnet upgrade, with 6 New Features

We’re just a matter of months away from our Mainnet launch.

 

As we enter this final pre-Mainnet phase, our current testnet will be upgraded, which requires a migration of all user accounts so we can hit the ground running.

Our integration with Polygon is also now live, which means almost instant and gas-less payments.

We’re opening up this testnet up to a small group. The first 50 node runners to join the BETA program will earn 5 MYST for participating, and an additional 5 MYST for sharing valuable feedback. You can get all the details in our GitHub.

While this phase is our final polish on the backend, it also introduces a number of new features that you’ll get to enjoy early. 

Discover these below, and then read on to learn what comes next, including our big plans after Mainnet.

 


1. Fast and inexpensive withdrawals for node runners

 

Polygon (formerly Matic) is now in full throttle and powering the peer-to-peer payments system. Your transactions and withdrawals will be a fraction of the cost and speed. 

Upon our mainnet launch, node runners who currently collect tokens via Polygon will also have the alternative option to withdraw their earnings directly on Ethereum mainnet without dealing with costly fees and wait times.

With this new system, your earnings will be deposited directly from your Polygon wallet to your Ethereum one. This requires only one transaction, so with no extra validation or block processing time, it will be three times cheaper than current Polygon withdrawals.

(NB: While P2P micropayments are cheap because they’re held off-chain, actually withdrawing funds can be pricier due to the mainnet transaction required.)

During our pre-Mainnet phase, we will be testing the readiness of this feature, where withdrawals will be made from the Polygon Mumbai testnet to Ethereum Goerli testnet. 

2. Registrations are free…

All new users and nodes will be able to set their beneficiary wallet without paying a registration fee. There will be no need to earn some MYSTT before changing this beneficiary wallet address either. Your address will instead be stored in a local node database, and addresses are only recalled when payouts are happen

3…and also faster

On Polygon (including its testnet), blocks are mined faster and there are no gas price surges. We anticipate that new consumer identities will be registered almost instantly. This will apply for both new dVPN users and node runners.

4. Automagic pricing 

Nodes will no longer have to set prices manually, as prices will be chosen based on a supply and demand algorithm for each region. The algorithm will assess node type (such as residential or non-residential IP), location and quality. For example, all residential nodes in the United States will have the same price set by default. The more dVPN users choosing nodes in a certain region, the price will increase. If there is less demand, then prices will go down. 

This system functions similarly to Uber’s surge pricing, which determines price based on availability within the network.

The formula for this pricing is as follows:

Base Price x Load Coefficient

Load coefficient = active sessions / active providers in the region

The system will have adaptive pricing and evaluate the current MYST value. If token prices fluctuate, then the base price will adjust automatically.  

This is especially important for our upcoming Smart Connect feature, which forms groups of node pools with similar qualities, price and region. When users need to reconnect to a new node, it will be priced the same, creating equality of service.

5. Better node discovery

We wrote our node discovery service from scratch. It was originally coded in Python, but we’ve transitioned to GoLang and made some architectural changes, so it’s 1000 x faster than before. Now when you open the dVPN, loading the list of worldwide IP addresses will feel almost immediate. The code also allows app developers to filter and slice nodes in a much more flexible way than before. 

6. Better infrastructure, less downtime

Our network will have self-healing infrastructure. This means if faults occur, or there are potential attacks on the network, we will be better protected. 

Our support services are also being updated and will cover multiple regions and timezones.  

 

If you run a Mysterium node, don’t forget to join our Pre-Mainnet BETA testers group and get up to 10 MYST in bounties! Join here.

Drawing the new Mysterium Map

We’re on track for mainnet release in Autumn 2021. As our community (and the wider Ethereum industry) is aware, extreme network congestion and crippling gas fees left a lot of dapps in the dust. Our team had to re-route our original mainnet roadmap to ensure that we could still provide the best quality of service as a network that depends on millions of microtransactions every single day

Though we’ve suffered these delays, our network is now stronger than ever because of it. Upon launch, our Layer 2 and 3 solutions give both our users and node runners a lightning fast, gas-less user experience that remains unaffected by Ethereum’s issues.

But where to next?

Mysterium has some big plans following its mainnet launch. 

We will see the manifestation of our whitepaper and the culmination of three+ years of code, sweat and tears. Our community of node runners is literally the backbone of our network. This grassroots project would be nothing but an idea without this community bringing our peer-to-peer protocol alive.

Other than key product updates, including the iOS version of the dVPN, our next major milestones will move us into a new era of Mysterium.

Our new tokenomics model will help us scale the network and make it more robust. We want to reward every player in the network, and invite new ones to discover how P2P marketplaces can also join the world of decentralized finance.

Read about Tokenomics 2.0, powered by PARSIQ’s IQ Protocol.

 

We’re also spreading the Mysterium magic even further. We’ll have a core focus on growing our ecosystem and becoming a breeding ground for innovation. We’ve built a completely original protocol that we’re proud of and which is helping users all over the world facing censorship and surveillance in their daily lives. It’s time to make Web 3.0 a reality, and our post-mainnet plans will center around growing this space and making the internet truly blind to borders. 

Make sure you have the latest version of the dVPN, and learn more about running a node in our network.

See you on the other side of mainnet. 

Revealing Mysterium’s new VPN App for Mobile & Desktop

decentralized VPN

Time to Ghost the Internet Like it’s your EX

 

What’s better than a VPN? 

A decentralised one that can do all of this:

We’re excited to share with you our shiny new interface for Android, Windows and Mac. The Mysterium VPN app is now packed with industry-first features and an even easier onboarding process.

In the past, decentralised apps (dapps) have been terribly clunky and confusing. We’re introducing a new benchmark for decentralised apps (and VPNs in general 🙂 

We now have over 64,000 Monthly Active Users (MAU). In theory, this would place us in the Top Ten most used Ethereum dapps. However, as we’re still on testnet, we can’t compete in the dapp rankings officially. We’re sure by the time we hit mainnet, we’ll be even higher up that list…

Nothing has changed under the hood. Our users can still rely on our fast-growing network, now over 1,600 nodes strong. That’s double the number of users selling their bandwidth in just a few months. Our community makes over 3 million micropayment transactions every day, completely peer-to-peer. 

    Learn more about  our uniquely developed micropayment system.

We’ve had 200,000 downloads since the beginning of 2021 alone. In an industry dominated by DeFi platforms, Mysterium is proving that P2P protocols can impact our lives beyond finance – starting with the internet itself.

What’s new with Mysterium’s dVPN

As a P2P decentralised network, Mysterium is powered by the very people who use it. Our new interface and user experience is simple and sophisticated, giving you as much freedom and choice as possible.

More choice with Easy Node Management

Don’t waste time searching for good connections. Filter nodes based on speed, connection quality, price, or location. Then you can save your preferred filters to the My Custom Filters tab.

Find specialist nodes

Find nodes that are perfect for your specific needs, such as streaming media, browsing the web, or torrenting. Just click on the tabs in the Manual Connect section to find optimized nodes by category.

Customise and save your favourites

You’re now able to create a personal list of your favourite nodes, so you can come back to them later and reconnect whenever you want. Access them from the Favourites menu.

Check your balance

Easily manage and keep an eye on your account balance. With our estimation tool, you’ll know exactly how much credit you have left in terms of data download volume, number of songs, hours of online video or standard web browsing. 

Plus, check out your session history and other key statistics to understand your VPN habits and needs over time.

Top up with your favourite crypto

All crypto communities are invited to join Mysterium’s mission for total online anonymity. We don’t lock you into one specific crypto token, so you can top up your account with popular cryptocurrencies including Bitcoin, Litecoin, Dai, and Ether. Simply choose your cryptocurrency and top up with a QR code, or use a generated payment link. 

Auto kill switch

If you lose your connection to a node, your browsing data will not be leaked. Your app will automatically try to reconnect to the previous node, and if it’s unavailable, the app will suggest another node for you to choose. During this process, your internet connection is in standby mode, so you can either cancel it or connect again.

Manage Your DNS Settings

Set up a custom DNS. Configure this on the Settings page or let the auto-setting handle that for you.

Import your crypto address

Mysterium enables a private key backup and import feature, which means you can swiftly move your account from one device to another.

Support is On Hand

Find an issue? Help us out by reporting it to our dev team and we’ll sort it out as quickly as possible. Or, if you need a hand figuring out our apps out, we’re here during business hours to help. Drop your message on the Get help page and you’ll get a reply in-app or via your email.

Is our crypto VPN the game changer you’ve been looking for?

As an incredibly niche but exciting type of technology, dapps can be tricky to use at first. That’s why we’ve designed these features and flow with every kind of user in mind, whether they’re crypto newbies or long-time enthusiasts. 

With your help, we’re making ancient VPNs a thing of the past. 

And for the stuff you already know…

Get started in seconds – no email, no bank cards, no contracts

Mysterium dVPN has no subscription model, meaning you don’t ever have to make a monthly (or annual) payment. Instead, we opt for pay-as-you-go: switch it on when you’re ready to use it and off again once your session is done. You’ll only pay for what you actually use, whether it be by the megabyte or by the minute (even less than one cent!)

To keep your costs low, you won’t have to put up any kind of minimum buy-in.

You also don’t need to provide us with your email address or complete an account sign-up. We’ve got your anonymity covered with no contracts or identifying information.

Crypto and VPNs are the perfect pair; censorship-resistant and untraceable, you’ll only ever pay for your privacy the truly anonymous way. You can also choose from all kinds of popular crypto, including Bitcoin, Litecoin, Dai, and Ether.

Best of the best

You know when VPNs say they have a strict ‘no logs’ policy? They may or may not be telling the truth, but you’ll really never know.

In our case, it’s impossible for us to keep logs of users’ traffic or browsing data. Because we have decentralized infrastructure (no central servers), it is literally impossible for anyone to log your traffic, so you’ll never leave a paper trail. 

Our stack is also loaded with WireGuard and OpenVPN protocols, so your connections will be ultra-fast and ultra-secure.

And because our code has been open-source since day one, we don’t have to make any promises – all our claims can be verified by you. Just stop by our GitHub any time. 

Some other bits and pieces we’re excited to share with you..

 

Tesnet V3 and mainnet

It’s on the way! Testnet 3.0 is coming, where we’ll have completed our integration with Polygon (formerly Matic), making payments faster and cheaper. 

This will be shortly followed by our release on mainnet. 

Fighting The Great Firewall

The Mysterium dVPN is working in China, helping users there get past The Great Firewall. We’ve been getting some great feedback from our people letting us know how we’ve helped them scale that wall and access the open internet.

Take a look at our dApp today

We’re sure you’ll love the changes we’ve made, so find the download links for Android, Mac and Windows here.

If you’re interested in participating, running a node, or generally have any questions, jump into our discord channel and speak directly with our core team.

Why Mysterium Champions Open-Source Software

open source web

In the past, great ideas were hoarded.

People spent an incredible amount of time and resources protecting their intellectual property from “thought thieves”. An idea was born, and kept safely hidden from the world until slapped with a patent.

But ideas are not a finite resource that should be locked away. When ideas are left to grow in the dark, they cannot flourish.

While profits may be available in the short term, inhibiting widespread access to unique insights and original code can kill our potential for future growth – not just for inidividual projects but for industries at large.

Luckily, the internet has changed things for the better.

In the show “Devs”, employees of a tech giant were contracted to take proprietary secrets to the grave.

What is Open-Source Technology?

Open-source means that the source code is available for the world to see. Anyone is free to use, modify, fork and redistribute the project’s code as they like.

The original protocols, software and languages which make up the internet have always been openly shared and freely distributed. This is what enabled the web to scale and innovate very quickly.

Today, 99% of commerical codebases contain at least some open-source components, with open-source comprising 70% of code overall.

Today, open-source represents a philosophy. The core principle is collaboration, which has become an ingrained behaviour in the technology community.

The movement encourages programmers and teams to find new ways to solve problems in their communities and industries. In this way, developers build on each other’s strengths to deliver the best product or find the most elegant solution possible.

Before the internet, most companies believed that they had to keep their work secret to be competitive. Many of the most successful technology companies today wouldn’t exist without others building on their ideas.

Those less familar with technology may wonder how a company can make money if their source code is available for anyone to download. There is certainly a time and place for proprietary code, but many companies find that allowing access makes their product better.

Having access to the Google source code doesn’t mean you have the means or capability to build a rival search engine. But it’s nice to know how it’s done, so you can feed off others’ thinking and approach.

It’s also better for the ecosystem as a whole. Overall, innovation is driven forward at a quicker pace and with limitless creativity.

Tim Berners-Lee, founding father of the internet, sadly believes that powerful corporations today have become gatekeepers of such innovation.

Berners-Lee has spent much of his career challenging this concentration of control, instead “championing information sharing, openness and personal empowerment online.” He notes that the web really took off after Red Hat brought Linux, the open-source operating system, into corporate data centers.

“If you want to go quickly, go alone. If you want to go far, go together.” – African Proverb

The Benefits of Open-Source Technology

There are some key reasons why projects may open-source their code, or have in-house programs dedicated to open-soure initiatives;

🔍 Peer-reviewed security & transparency

Giving skilled developers across the world access to source code helps exploit weaknesses and security vulnerabilities autonomously. Bitwarden is one example. It’s considered one of the most secure password managers online. Allowing public access to Bitwarden’s source code exposes any security flaws. The application is much more secure because thousands of people all over the world are able to scrutanize and detect issues. If Bitwarden was only being tested by a small group of programmers, it would be much less secure.

🤝 Community support & reliability

The community-building component of open-source software is one of its biggest advantages. Good ideas attract the best talent on earth. Many companies that prescribe to the open-source methodology are backed by thriving communities who are passionate or incentivized to contribute. Bringing people together under a common purpose creates the best possible outcomes and allows the platform to reach its full potential.

🚀 Lower operating costs, more profit

Most technology companies built on open-source frameworks have much lower operating fees. Patents, licensing fees and restricting access are costly for businesses who own proprietary code. It also means that companies must rely on individual authors to keep things running and regularly updated.

Side note: open-source software is often copyrighted and can be patented.

Research by the TODO group has shown that the benefits of open-source program offices (OSPO) or foundations continue to be appreciated. Of those companies surveyed, 56% still say it is very or extremely critical for success. And the longer that OSPO exists, the more value it brings to their engineering success.

Their 2020 survey shows that there are high returns on invesment just by being members of an open-source foundation.

An earlier TODO survey has also shown that companies who offer OSPOs experienced benefits such as higher quality code, increased development agility and speed, faster time to market, and culture and interaction improvement.

But open-source is not the be-all-end-all philosophy of programming. Many companies can benefit more from a hybrid approach, where they may offer SaaS (software as a service) or monetize features of their open-source platforms.

Examples of Companies that Use Open-Source Software

Linux

One of the original proponents of open-source technology is the Linux operating system. Linux has made its source code available since its launch in 1991. Developers can even modify and sell their version of the operating system as long as they license it under the Linux name. Many developers prefer Linux over IOS and Windows because it is more customizable. Its applications, word processors, photo editors and web browsers can be switched out and altered.

The Linux Foundation provides a neutral, trusted home for developers to collaborate on open technology projects. Developers are encoruaged to contribute to hundreds (if not thousands) of different projects.

WordPress

The success of the world’s largest CMS, WordPress, is also built on open-source technology. Any developer can upload a plugin to the WordPress platform. Complete transparency and user input make WordPress the most functional CMS available online. In fact, over 40% of all websites are hosted on the WP platform.

The WordPress “Bill of Rights”. WordPress contributors work around the globe, and have dedicated countless hours to build a tool that democratizes publishing.

How Mysterium Uses Open-Source Technology to Build a Censorship-Free Internet

Our team operates in the blockchain space, where collaboration is one of our industry’s biggest strengths and (not-so) secret weapons. Other technology sectors and companies may want to keep their code private to remain competitive. They want to outperform, rather than lift up, other projects to maximize their profit.

This has been the opposite for decentralized communities. By partnering, collaborating and learning together, the development of our ecosystem has accelerated beyond our wildest expectations.

Mysterium is building a decentralized VPN and other tools that allow you to browse the internet freely. We’ve had over 100K downloads though we’re still in BETA. Our distributed network has grown to 1600+ nodes, with 200Tb of traffic flowing throughout it. And our software has always been 100% open.

Our users also don’t pay us a cent (it’s purely peer-to-peer, so they pay each other). We are proudly a grassroots project, powered by our users and contributors.

It may seem counter-intuitive to open-source software that by design is meant to secure and anonymize our users. But we believe in total freedom of information. We are creating a censorship-resistant layer of the internet that cannot be switched off or taken away. If we want a transparent, completely accessible internet for all, we can start with our own code.

We also need our community to trust us. They’re depending on us to encrypt their data and protect them from online surveillance. In countries where people are routinely jailed just for accessing certain websites or even “liking” something on social media, our responsibility is huge.

Many regular VPNs can keep logs of their users’ activity, even though they say they don’t. You have to take their word for it. Nobody can be really sure that they’re not storing your information in their centralized servers, cooperating with governments or selling your browsing data to 3rd parties. NordVPN, one of the more popular centralized VPNs, was also hacked a couple years back.

In a trustless ecosystem like ours, you can verify what we say is true. Our distributed architecture removes any technical possibility for collecting or storing logs centrally. And remember what we said earlier about Bitwarden? Our technology can only become more secure through its own transparency.

We also take the open-source ideology to the next level by not only giving access to our source code, but finanically incentivizing our community to openly build on – or plug into – the network. The Mysterium community can sell VPN services with their spare bandwidth and earn cryptocurrency in the process. So we don’t just collaborate with programmers, we collaborate with our every day users.

Open-source technology is the future. The only way forward is to be open. By learning from each other’s mistakes and building on our accomplishments, anything is possible.

Mysterium VPN launches on Linux

Linux VPN

Mysterium has welcomed Linux to the family. The Linux package supports Debian systems (such as Ubuntu) via our VPN desktop app.

This is a plug-and-play native app. It requires very little configuration, with more features than most open-source VPN clients that often require some technical knowledge.

Click here for immediate download of the Linux package. Or, explore the latest releases in our GitHub.

What is Linux?

Linux is an operating system, just like Windows or Mac OS. The Android mobile operating system is actually based on a modified version of the Linux kernel.

This open-source project launched in 1991 and their technology is used for a huge range of applications and systems including desktops, servers, internet infrastructure, supercomputers and even stock exchanges. Linux is also generally far less vulnerable to everyday attacks and malware, making it a favourite among programmers and businesses. 

Linux as an open-source pioneer

One of the original proponents of open-source technology is the Linux OS, making it a perfect fit for our community of users and developers. Linux has made its source code available since its launch. Developers can even modify and sell their version of the operating system so long as they license it under the Linux name. Many developers prefer Linux over iOS and Windows because it is more customisable. Its applications, word processors, photo editors and web browsers can be switched out and altered.

The Linux Foundation provides a neutral, trusted home for developers to collaborate on open technology projects. Developers are encouraged to contribute to hundreds (if not thousands) of different projects.

You can read more on why we chose to open source our own encryption software on Hackernoon.

Mysterium VPN  is also available for ذكري المظهرMac and Windows. 

If you are interested in participating, running a node, or generally have any questions, jump into our discord channel and speak directly with our core team.

Mysterium and Storj Labs Link the Decentralised Web Together

Mysterium Storj

Mysterium and Storj collaborate to free the cloud through decentralized protocols

Decentralisation of the web is a global movement.

Much of our success relies on a shared vision and collaboration between the many different teams all building decentralised solutions and piecing together the world wide Web 3.0

We’re excited to collaborate with one project in particular — Storj Labs. Storj is decentralised Cloud Storage. Just as Mysterium offers a way to earn by sharing your connection with a global node network, Storj pays their Node Operators for their unused storage. The Storj network is made up of thousands of operators and developers, providing the foundation for a faster, safer, more affordable object storage alternative.

At Mysterium, we’ve chosen the Storj decentralized object storage to replicate our S3 object data, including container images, static content, and more.

Docker containers are a foundational building block of many companies’ software infrastructure.  Mysterium’s own Container Images have been downloaded over 1M times from Docker Hub.  The registry holds our named Docker images, available in different tagged versions, and users can easily interact with a registry by using Docker push and pull commands. 

It’s here that Mysterium will leverage the unique benefits of decentralized cloud storage. These benefits include unmatched security and privacy through a know-nothing architecture, globally distributed files across statistically uncorrelated endpoints and ISPs, default encryption, and user-assigned access grants. These give developers the freedom, flexibility, and confidence they demand when building their apps/services.

To learn more about how you can host your container images on the decentralized cloud, like Mysterium, check out our overview about building a Docker container registry backed by Storj.

Why use Storj for container registry?

Storj offers highly secure, private and economical cloud object storage through global decentralisation. Data is encrypted, divided into pieces, and spread across tens of thousands of uncorrelated endpoints and ISPs to create an edge-based security model with no single point of failure.

By storing files on Storj, developers can protect their data against ransomware and tampering by bad actors, providing a much more resilient backend for Docker Registry container image storage and distribution.

Running a Container Registry on Storj is a great solution to integrate with and complement your CI/CD system. In a typical workflow, a commit to your source revision control system would trigger a build on your CI system, which would then push a new image to your Registry if the build is successful. 

For developers, Storj is easy to configure (it’s backward-compatible with Amazon S3). Registries that utilize Storj have client-side access to the most distributed object storage protocol on the planet. Upgrade to Storj, and your users can pull container data globally, from a single logical instance, at a fraction of the cost.

How can node operators benefit?

Mysterium uses the Ethereum Blockchain and Matic Network (now Polygon) as the backbone for payments between network participants. Our global pool of residential IPs opens the internet up for everyone, no matter where they are.

Node Operators who currently earn STORJ tokens for supplying excess storage capacity can also earn MYST by contributing excess bandwidth in Mysterium’s P2P marketplace. Use your computer or device, such as a Raspberry Pi, to help power and maintain the network. Users pay to connect to your node, providing them with a VPN service, access to the open internet and a secure line of communication. 

We will continue exploring new earning opportunities for our node communities.

Through this collaboration, we hope the decentralized ecosystem will continue to evolve and expand into all corners of the internet.

Learn more about running a Mysterium Node and being a part of creating an internet blind to borders.

Mysterium VPN  available for ذكري المظهرMac and Windows.

If you are interested in participating, running a node, or generally have any questions, jump into our discord channel and speak directly with our core team.

Mysterium Network Product Updates – February 2021

Mysterium Network is building a decentralised VPN.

Our global network is open, permissionless and distributed. Last year we focused on finetuning our node software, and understanding the dynamics of incentivised networks. This year, we’re focusing on building censorship-proof applications. If you haven’t already, please make sure to download Mysterium VPN for Windows, Mac and Android. Let us know what you think on النقاش or تويتر. It’s only been a couple of months but 2021 has already seen the team busier than ever.

Check out our latest product updates;

Our network achieved new milestones

We officially switched off Testnet 1.0 and released Testnet 2.0, having migrated most users and nodes across. Our network is now powered by 1100+ exit nodes (and growing), with 100+ Tb of traffic coursing throughout Mysterium.

We also extended our node bounty rules, so now 400 residential nodes are receiving payouts each month.

These are key milestones for Mysterium Network as we gear towards Ethereum Mainnet. It reflects the growing interest in – and product-market fit – for our use case (when it comes to nodes and users) across several regions in the world.

Mysterium VPN suite of apps are being revamped

We have finalised the new designs for our Android app and started working on designs for our desktop apps. 

We also started working on our iOS app prototype so we can reach this new community of users. This prototyping will help understand the challenges of ensuring that Mysterium dVPN is compliant with Apple store requirements, and the work required to make Mysterium dVPN available on the Apple store. One of the key challenges unearthed during this process was the size of 15 MB RAM maximum background processing allowed for apps on the AppStore. Our head of product, Jaro Satkevic dives deeper into this topic in this video.  

We’re fast approaching the launch of our Linux dVPN app, which is 90% complete.

Our Affiliate program is in the works, so soon our network participants will be rewarded when they introduce peers to the Mysterium universe. 

On the backend side, we’ve dedicated a significant chunk of time to the stability of our apps and nodes and fixed a lot of bugs.

We’ve worked on better quality parameters and measurements, such as the connection between the app and nodes in various regions. Distance between the user and node is one of the keys to quality of service that the user receives. For example, a particular node could provide a very stable service for someone in Brazil but may be lower performance for users from Russia. We’re working to stabilise this and ensure consistent quality for all connections across Mysterium Network. 

“Quality bars” will be introduced in our apps in the following week, enhancing and progressing our Smart Connect feature.

We’ve included a new auto-update feature in our desktop app, which checks for the latest app version and will upgrade upon launch. This will provide a better UX for our users and contribute to a more stable network overall.

We have removed Google Analytics from our desktop apps.

 

Payments

Thanks to our integration with Coingate, Mysterium users have started topping up their accounts using all kinds of crypto. We’re seeing a growing number of people using their BTC, LTC, ETH and MYST to use Mysterium dVPN app. We’ve also updated the Top Up and wallet screens for our desktop apps, making it a more streamlined and frictionless experience.

Our integration with Matic Network (recently rebranded to Polygon) is currently in progress. Ethereum deposits and withdrawals are halfway there. This is the last step before we switch to the Matic testnet in the production stage. This will also lead to our full BetaNet release when Matic will become our main blockchain platform. 

We’re also looking at the listing of MYST on additional DEXes. CEXes are also being considered.

 

Protocol

We’ve been deep in the research phase for new MYST tokenomics models. This involves a staking mechanism for Hermes hubs and introduces some new DeFi elements. More details on this will be published soon. 

We’ve also been reconsidering our pricing model. By the end of March, we should propose a much better solution than our current one. While nodes are currently free to set their own price, many node runners don’t know which pricing is reasonable. This is because users have to filter by not only quality and location, but also look at pricing. For the auto-reconnect feature, where the app looks at a similar node during a session break, this also complicates things. We’re going to introduce “surge” pricing based on supply and demand for nodes in any given region. This will also allow Mysterium to spread traffic more equally among nodes. More details on this to come.

 

Company

We’re fast expanding our team. Please look at our open positions or pass on the details. 

There were some great interviews with various team members from Mysterium. You can see the playlist here.

Want to get involved in Mysterium Network today?

Mysterium Network is a decentralized VPN, with a growing global residential IP node network. There are versions for  ذكري المظهرMac and Windows, currently free before our full launch.

Stay tuned for more updates. If you are interested in participating, running a node, or generally have any questions, jump into our discord channel and speak directly with our core team.

$MYST now listed on Bittrex Global

Bittrex Mysterium MYST

Major exchange Bittrex has launched Mysterium on their platform, introducing MYST token to the global cryptocurrency market.

This listing is an exciting gateway to MYST and unlocks new liquidity for the entire Mysterium ecosystem. 

Anyone holding MYST will now be able to receive and store their tokens in their Bittrex wallets.

From 28th January, any Bittrex Global user holding Bitcoin (BTC) or USDT can easily get their hands on some MYST tokens.

The trading pairs available:

  • BTC <> MYST
  • USDT <> MYST

Note that users who send their old legacy MYST tokens (unmigrated) to the exchange will LOSE them permanently. Learn how to migrate manually here.

What this means for the community

Uganda protests social media tax

Internet censorship and surveillance is expected to worsen in 2021. In the second week of January alone, a total internet shutdown was ordered in Uganda, coordinated by the country’s dictatorial leadership, in an attempt to disrupt the nation’s democratic general election. 

Mysterium’s peer-to-peer network powers censorship-resistant applications which can give users secure and private access to the internet. We are reinventing the $30 billion VPN industry with this next-generation internet technology. 

It helps bypass debilitating blackouts which infringe on our basic human rights, such as freedom of speech and access to information. We’re rewiring the internet from the inside out, creating a new, more secure layer of the internet that cannot be switched off by governments or corporations.

And the MYST token ties it all together.

As we grow and make Mysterium Network an increasingly global platform, we need this native token to also be available and tradeable on a global level. 

Though built on Ethereum, we’re a blockchain agnostic project. We want to ensure our community is made up of a diverse range of cryptocurrency users, not just those familiar with Ethereum-based utility tokens. 

Making MYST available on a global exchange means we can lower the barrier to entry so our dVPN can be discovered and easily accessible by crypto holders everywhere.

What is MYST?

MYST is the network’s reserve currency. Instead of paying a regular VPN service a monthly subscription to unblock websites and apps, users pay peers (nodes) within the distributed network to connect to their residential IP address. Users can pay with MYST and other major cryptocurrencies, such as Bitcoin (BTC), while nodes easily earn MYST by the minute or hour.

The MYST token does more than transfer value in the network. It acts like digital fuel, powering Mysterium’s various functions and applications, while keeping the network safe from things like DDoS attacks. 

Like most other cryptocurrencies, MYST has helped forge new online communities, where global networks like ours can easily share internet resources with each other, such as storage, computing power, and now privacy.

web 3 mysterium

MYST token helps power new decentralised apps and platforms which make up the Web 3.0

What is Bittrex Global?

Bittrex Global is a secure, reliable and advanced digital asset trading platform developed for international (non-USA) customers and built on Bittrex’s cutting-edge technology. This international trading platform provides innovative tokens, while also providing instant trade execution, dependable digital wallets, and industry-leading security practices.

Some main benefits of trading via Bittrex:

  • Secure platform 

Bittrex Global employs the most reliable, effective security technologies available. Security is always their first priority. 

  • Custom-built trading engine

Their custom trading engine was designed to be scalable and to ensure that orders are executed in real-time. 

  • Fast deposits and withdrawals

A highly efficient and automated monitoring platform allows Bittrex to provide users the fastest transactions available today. This includes updates on balance, trade, and holding information. 

  • Driving Innovation 

To help drive innovation in the blockchain industry, Bittrex seeks to provide its users with an ever-growing selection of blockchain technologies and digital tokens, including tokenised stocks of Tesla, Apple and Amazon shares.

Bittrex trading competition

MYST trading competition on Bittrex Global

To kick off our launch on Bittrex Global, we’re giving away $15,000 in MYST tokens to our new community of Bittrex users.

The competition will kick off on the 1st of February and run for seven days. It includes three types of promotions, which reward Bittrex users when they trade with MYST. You can read about the trading competition on the Bittrex website.

Note that to participate in this competition you will need a Bittrex Global account.

 

Promotion #1: Trade MYST to win $7,500 in MYST Tokens

Promotion #2: Buy MYST to Win $5,000 in MYST Tokens

Promotion #3: Sign up for a Bittrex Global account, trade MYST, and get free tokens 

 

(Terms and conditions apply, so be sure to read these first on the Bittrex website.)

Uniswap Liquidity Campaign

For those seeking a decentralized trading alternative, we launched the MYST Liquidity Engagement Campaign earlier this month. It rewards liquidity providers for providing liquidity to the MYST/ETH pair on UniSwap.

We have already completed our latest airdrop for participants, with our liquidity pool doubling in size since the beginning of the campaign. So far, participants have received their share of more than 7700 $MYST.

Join the campaign here.

Uniswap Liquidity

Dive into the dVPN with MYST

Last month we shared details of Mysterium’s testnet upgrade, which came with some exciting new features and functionalities. This includes changes to our node registration flow, updates to My Mysterium Network, a different UI, the ability to earn in 2 networks during the migration, top up VPN apps with your crypto of choice (not just MYST), and the freedom to use our dApp in China!

We have been in stealth mode upgrading a small percentage of our user base and node runners onto Testnet 2.0, to test and learn. Now we’re rolling out Testnet 2.0 to everyone on Mysterium Network. 

You can experience the power of our global, decentralized network at your fingertips, using your crypto of choice. Top up your Mysterium dVPN account with Bitcoin, Litecoin, Ether or any other major crypto thanks to our Coingate integration. 

crypto vpn

Download Mysterium dVPN today and experience some MYST magic for yourself.

With Mysterium dVPN, you’ll get some free test tokens. After you run out of these tokens, you will be prompted to top up with MYST, BTC, LTC or other cryptocurrencies. Download the Mysterium VPN now and try before you buy.