I wish good luck for the business! A rather interesting vision, sensible vision, impeccably website.
Hi, thank you very much for your support. We appreciate all of our community, stay tuned for important news this Friday.
Topic: 🚀 |ANN| MYSTERIUM NETWORK - Decentralized VPN built on blockchain |MYST| - page 19. (Read 127389 times)
July 18, 2018, 08:32:29 PM
Hi, thank you very much for your support. We appreciate all of our community, stay tuned for important news this Friday.
July 18, 2018, 05:36:09 PM
How much MYST are required to run/host a node ? And how to protect your Nodes from fraud? To have white traffic
This is indeed an interesting question. I didn't find anything regarding this by quickly skimming through the whitepaper, but maybe I missed something.
Is the token only used as a means of payment or does it have any other utility?
Is there a reason why this project needs a dedicated token? Because as a, opne source project, someone could copy the code and integrate payment with ETH. What will stop people from doing this?
Hi, please see my reply to his question above. The MYST token will be required for VPN services in the decentralized network. We could ourselves technically use ETH or another crypto for payments but still convert it into MYST with the agreed upon smart contract between the node and clients. Our outstanding development team and the Mysterium Foundation contributions are part of what makes it a special project.
Thanks for the reply.
From an investors point of view, what you are telling is a problem though, because to use the service, the price per token will be insubstantial. This is a problem pure utility tokens face as a general rule: Since the payment to the VPN provider has to be dynamic in terms of how many tokens per unit of service, and because neither the user nor the provider have an interest in holding MYST longer than needed to not be affected by price fluctuations, we have a highly liquid utility token with pratically infinite supply, since the same tokens can be used over and over again: Both the user and the provider won't care whether they pay with 1000 MYST per unit or 0.00001 MYST per unit, and with no other means to regulate supply, such as collateral for hosting nodes or something along those lines, you'll likely have a market with extremely high movement of tokens.
This means the value of the token is only weakly linked (if at all) to its actual utility.
As I stated earlier, for the users (and providers), this is a non-issue. For investors, however, this is a great issue. It is obviously your decision if you want to cater to them at all, bt the fact that you had an ICO indicates, that maybe, you should.
Welcome, there will be a minimum amount of MYST required to be able to run a node for the Paid Identity. We are also in discussions with potential partnership opportunities that could provide additional value for MYST tokens.
July 18, 2018, 03:21:49 PM
How much MYST are required to run/host a node ? And how to protect your Nodes from fraud? To have white traffic
This is indeed an interesting question. I didn't find anything regarding this by quickly skimming through the whitepaper, but maybe I missed something.
Is the token only used as a means of payment or does it have any other utility?
Is there a reason why this project needs a dedicated token? Because as a, opne source project, someone could copy the code and integrate payment with ETH. What will stop people from doing this?
Hi, please see my reply to his question above. The MYST token will be required for VPN services in the decentralized network. We could ourselves technically use ETH or another crypto for payments but still convert it into MYST with the agreed upon smart contract between the node and clients. Our outstanding development team and the Mysterium Foundation contributions are part of what makes it a special project.
Thanks for the reply.
From an investors point of view, what you are telling is a problem though, because to use the service, the price per token will be insubstantial. This is a problem pure utility tokens face as a general rule: Since the payment to the VPN provider has to be dynamic in terms of how many tokens per unit of service, and because neither the user nor the provider have an interest in holding MYST longer than needed to not be affected by price fluctuations, we have a highly liquid utility token with pratically infinite supply, since the same tokens can be used over and over again: Both the user and the provider won't care whether they pay with 1000 MYST per unit or 0.00001 MYST per unit, and with no other means to regulate supply, such as collateral for hosting nodes or something along those lines, you'll likely have a market with extremely high movement of tokens.
This means the value of the token is only weakly linked (if at all) to its actual utility.
As I stated earlier, for the users (and providers), this is a non-issue. For investors, however, this is a great issue. It is obviously your decision if you want to cater to them at all, bt the fact that you had an ICO indicates, that maybe, you should.
July 18, 2018, 12:06:30 PM
Mysterium Network team present at the Pillar Project Unconference 2018 in Vilnius, Lithuania
https://twitter.com/MysteriumNet/status/1018984347767050241
Mysterium team networks with CryptoSec at Pillar Unconference.
Got a lot of insight about cryptosecurity and how to protect from hacking.
https://twitter.com/MysteriumNet/status/1019543074249338880
https://twitter.com/MysteriumNet/status/1018984347767050241
Mysterium team networks with CryptoSec at Pillar Unconference.
Got a lot of insight about cryptosecurity and how to protect from hacking.
https://twitter.com/MysteriumNet/status/1019543074249338880
July 18, 2018, 12:02:32 PM
Myst is a leader coin item in the VPN block chain area. The team's technology is excellent, the marketing level is very poor, but there should be good prospects for development.
Hi, thank you for the compliments on our technology and development as the team continues to be one of the most active in all of crypto GitHub. As for marketing we will actually begin next month as our new Senior Marketing Professional will join the team so stay tuned for a lot more promotions and advertising. Remember we also have participated in DevCon 3, Chainges 2018, LOGIN 2018 Festival and this week continue to be a part of the Pillar Unconference 2018 in Vilnius, Lithuania.
July 18, 2018, 11:59:15 AM
How much MYST are required to run/host a node ? And how to protect your Nodes from fraud? To have white traffic
This is indeed an interesting question. I didn't find anything regarding this by quickly skimming through the whitepaper, but maybe I missed something.
Is the token only used as a means of payment or does it have any other utility?
Is there a reason why this project needs a dedicated token? Because as a, opne source project, someone could copy the code and integrate payment with ETH. What will stop people from doing this?
Hi, please see my reply to his question above. The MYST token will be required for VPN services in the decentralized network. We could ourselves technically use ETH or another crypto for payments but still convert it into MYST with the agreed upon smart contract between the node and clients. Our outstanding development team and the Mysterium Foundation contributions are part of what makes it a special project.
July 18, 2018, 11:54:31 AM
I wish that the plan will satisfy all that has been planned.
Engaging approach, cognitive logo! Good luck fellows.
Engaging approach, cognitive logo! Good luck fellows.
Hi, thank you very much for your support. Glad you like the logo and approach, the team is working very hard to deliver privacy on demand to all internet users.
July 18, 2018, 11:52:13 AM
Crypto-enthusiasts and people who use VPN's have a lot of overlap I'm sure. Good idea, I'm going to keep an eye on this project.
Thank you and welcome to the community, stay tuned as we have some important news this week and the next.
July 18, 2018, 11:49:52 AM
How much MYST are required to run/host a node ? And how to protect your Nodes from fraud? To have white traffic
Hi, there will be a minimum amount required to prevent bad actors and spammers. It will involve the Paid Identity soon to be tested out in the network. The exact amount has still not been determined and more details will be provided. The team is ahead of schedule working on a proof of concept for payments implementing our MYST token.
From our FAQ, we will investigate the following:
Mysterium will deploy technological and legal means to make sure node operators are safe:
I’st we will focus on protecting node operators from legal perspective,
II’nd we will implement an ingrained reputation & trust mechanisms (based on Registered Identities defined in whitepaper)
and finally we will develop a traffic routing mechanism which would combine splitting request data through different nodes and changing the end-to-end circuit between requests. All of our code is open source and can be audited by anyone.
July 18, 2018, 08:31:55 AM
Myst is a leader coin item in the VPN block chain area. The team's technology is excellent, the marketing level is very poor, but there should be good prospects for development.
July 18, 2018, 07:01:03 AM
How much MYST are required to run/host a node ? And how to protect your Nodes from fraud? To have white traffic
This is indeed an interesting question. I didn't find anything regarding this by quickly skimming through the whitepaper, but maybe I missed something.
Is the token only used as a means of payment or does it have any other utility?
Is there a reason why this project needs a dedicated token? Because as a, opne source project, someone could copy the code and integrate payment with ETH. What will stop people from doing this?
July 18, 2018, 06:34:26 AM
Deploying a Mysterium VPN Node with Linode in one command
https://medium.com/@hghg66g77/deploying-a-mysterium-node-with-linode-in-one-command-b7c36ba09c14
-What is Mysterium?
-What is Linode?
-Deploying a Linode Mysterium Node
-Important Further Configuration
-Need more help?
https://medium.com/@hghg66g77/deploying-a-mysterium-node-with-linode-in-one-command-b7c36ba09c14
-What is Mysterium?
-What is Linode?
-Deploying a Linode Mysterium Node
-Important Further Configuration
-Need more help?
July 17, 2018, 08:55:13 PM
The price of Myst coins rebounded in the two days ahead of other currencies. There is no positive news on the project. It should be merely a rebound.
Hi, there is actually a lot of positive news on the project as you can see on our social media. Today we released another major version of our Mysterion VPN client including the following:
New Features:
Running app on Windows (packaging not done yet)
New terms and conditions
Contributing guide
Bug reporting environment capturing logs from multiple processes
Bug reporting metrics tracking
Fixes:
Standalone process launcher
Fix feedback form
Fix new identity being created each time Mysterion is run
Fix internal error when rejecting terms
Cleanup IPC subscribers
Fix periodic tasks executor
Fix log file creation
Improvements:
Many bug reporting improvements
Improve app loading to handle errors
Improved tray proposal synchronisation
Use separate service port for os x daemon watcher
Validate tequilapi healthcheck response
You can also host your own Mysterium nodes https://medium.com/@hghg66g77/how-to-set-up-a-mysterium-vpn-node-3034b0d820a3
Stay tuned for more important news this week as well.
July 17, 2018, 08:51:01 PM
The development of the MYST coin project is very slow, and the price of MYST coins has dropped to the bottom. However, the development prospect of VPN block chain project is still worth looking forward to.
Hi, actually our GitHub activity proves that our development team is one of the most active in all of crypto. You can check out our Roadmap for an idea of our progress. We are on the third major release of our VPN client and are testing hosting 3rd party VPN nodes. Stay tuned for news soon about releases for other major operating systems for desktop and mobile like Windows and Android.
It is nice to see active dev team behind the scene I also think this will be dark horse of the year. I take this as hidden gem because this idea has so big potential and it will be worth for it to stake reserve amount into this project. I hope the team will deliver an amazing product and future will be brighter.
Thank you for your kind words and support. The team is working hard as proven by their GitHub activity. We will deliver a top quality product and provide privacy on demand for all internet users. Stay tuned for important news this week.
July 17, 2018, 07:49:27 PM
Crypto-enthusiasts and people who use VPN's have a lot of overlap I'm sure. Good idea, I'm going to keep an eye on this project.
July 17, 2018, 07:07:52 PM
How much MYST are required to run/host a node ? And how to protect your Nodes from fraud? To have white traffic
July 17, 2018, 03:49:41 PM
If you look at the volume too it grows very well, it seems to me that some big players or even stock exchanges have decided to buy. 25 btc turnover is a very strong application and even after the strong growth of bitcoin, the token plays it.
July 17, 2018, 10:37:47 AM
The price of Myst coins rebounded in the two days ahead of other currencies. There is no positive news on the project. It should be merely a rebound.
July 15, 2018, 12:54:22 PM
The development of the MYST coin project is very slow, and the price of MYST coins has dropped to the bottom. However, the development prospect of VPN block chain project is still worth looking forward to.
Hi, actually our GitHub activity proves that our development team is one of the most active in all of crypto. You can check out our Roadmap for an idea of our progress. We are on the third major release of our VPN client and are testing hosting 3rd party VPN nodes. Stay tuned for news soon about releases for other major operating systems for desktop and mobile like Windows and Android.
It is nice to see active dev team behind the scene I also think this will be dark horse of the year. I take this as hidden gem because this idea has so big potential and it will be worth for it to stake reserve amount into this project. I hope the team will deliver an amazing product and future will be brighter.
July 15, 2018, 12:29:04 PM
The development of the MYST coin project is very slow, and the price of MYST coins has dropped to the bottom. However, the development prospect of VPN block chain project is still worth looking forward to.
Hi, actually our GitHub activity proves that our development team is one of the most active in all of crypto. You can check out our Roadmap for an idea of our progress. We are on the third major release of our VPN client and are testing hosting 3rd party VPN nodes. Stay tuned for news soon about releases for other major operating systems for desktop and mobile like Windows and Android.
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