VPN services have the weakness that you still trust your VPN provider with your data, which answers to a government. A decentralized VPN where regular users rent out their IP is genius! In stage 2 they want to expand this to offer encrypted messaging. This sounds like a real and genuine solution to online privacy. I'll definitely support this project and I will try their VPN as a customer.
Whitepaper Outtakes
“Our mission is to create distributed, trustless and sustainable network - providing open access and privacy to all Internet users.”
1.2. Core Objectives
Phase I: Building a Decentralized Network of VPN Nodes
Our 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.
Phase II: Building Mysterium Protocol - as standard
In Phase II - our 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. Once complete, this Protocol will ensure that user data cannot be overtaken neither by nodes nor by third parties. Show Less
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