Mysterium is building a decentralised P2P VPN and other tools that allow you to browse the internet freely, earn by sharing your connection, and build censorship-resistant applications.
Mysterium Network Final Phase: The Polygon x Pre-Mainnet upgrade, with 6 New Features
pre-Mainnet phase, Mysterium Network current testnet will be upgraded, which requires a migration of all user accounts so they can hit the ground running.
Their 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.
Big plans after Mainnet.
1. Fast and inexpensive withdrawals for node runners – 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.
2. Registrations are free- All new users and nodes will be able to set their beneficiary wallet without paying a registration fee.
3. On Polygon (including its testnet), blocks are mined faster and there are no gas price surges. 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.
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 in the region
5. Better node discovery- It was originally coded in Python, but it was 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- network will have self-healing infrastructure. This means if faults occur, or there are potential attacks on the network, we will be better protected.
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.
