Nym
NYM
Nym Feed: Events, News & Roadmap
Nym to Launch NymVPN Payment Feature in December
In December, Nym will introduce the payment feature for NymVPN. Additionally, new security features will be added, including WireGuard support for Win…
Nym to Launch New Website in November
Nym introduces zk-nym credentials and offers free 30-day subscriptions. The platform undergoes a rebranding, including app energy optimization and the…
Nym Prepares Network With WireGuard Launch
Nym is preparing the network for the launch of Fast Mode with WireGuard and the activation of gateways in over 30 countries. Censorship resistance res…
NymVPN Launches Version 1.1.1 Update for Android
Nym has announced the release of version 1.1.1 for its NymVPN on Android devices. The update includes several important fixes and performance enhancem…
Nym to Be Listed on Bitfinex on October 10th
Nym is set to be listed on Bitfinex, one of the top 10 largest exchanges in the world. The listing will commence on October 10th at 12:00 UTC. Both th…
Nym to Release VPN Update for iOS
Nym has released the latest version of its VPN for iOS, v.1.2.1(295), for iPhone. This update is now available for testing.
Nym to Update Profit Margin
Nym has recently implemented a change in its node operator community. The community voted to set a minimum profit margin of 20% for all Nym nodes. Thi…
Nym to Participate in Web3 Summit in Berlin on August 21st
Nym’s CEO, Harry Halpin, is scheduled to give a talk at the Web3 Summit in Berlin on August 21st. The talk is titled “Making blockchain anarchist agai…
Nym to Host Community Call on August 1st
Nym will host a community call on August 1st at 14:00 UTC. The session will be led by Max Hamshire, the developer relations lead at Nym.
Nym to Be Integrated With WireGuard
Nym is set to integrate WireGuard into its 2-hop dVPN mode. This integration is aimed at significantly improving the speed of the system. The upgrade …
Nym to Host Community Call on June 6th
Nym is hosting a community call on June 6th at 14:00 UTC.
Nym to Hold AMA on X on May 16th
Nym is partnering with Midnight to host an AMA on X on May 16th. The collaboration is set to focus on data protection matters. Mauricio Magaldi, the p…
Nym to Participate in Berlin Blockchain Week in Berlin
Nym is set to participate in the upcoming Berlin Blockchain Week, taking place in Berlin on May 23rd. The event, which is being organized by Lens Prot…
Nym to Host Community Call on May 9th
Nym is set to host a community call featuring Maud Bannwart, the COO of Alephium, and Vlad Moshnyager, the CMO. Alephium, a long-term partner of Nym, …
Nym to Hold AMA on X on May 8th
Nym’s product head Marc Debizet and COO Alexis Roussel will host an AMA on X on May 8th at 10:00 UTC. The discussion will primarily revolve around the…
Nym to Release NymVPN in Q3
Nym is planning to fully launch its NymVPN by late summer to fall. The full launch is expected to introduce additional features to the product.
Nym to Hold AMA on X on April 30th
Nym will host an AMA on X featuring the director of Fight for the Future Evan Greer. The event will take place on April 30th at 14:00 UTC
Nym Partners With Aleo
Nym has partnered with Aleo, a leading company in privacy-focused blockchain. Leo Wallet will support this partnership. The collaboration will utilize…
Nym to Perform Mixnet Mainnet Test on March 20th
Nym is set to conduct a Mixnet mainnet performance test on March 20th. The results of this test will provide valuable insights into the functionality …
Nym to Hold AMA on X on March 13th
Nym is integrating with Mystic Labs to host an AMA on X on March 13th. The founder of Mystic Labs, will be participating in the session on the 13th of…
Nym Events on the Chart
What is Nym?
Users employ NYM tokens to gain access to the mixnet, consequently improving the privacy of their data. NYM is also used as a reward for mix nodes in exchange for their services in traffic mixing and privacy assurance for Nym network users.
Fees accumulated in NYM are directed to a reward pool and later distributed amongst mix nodes, based on their performance and reputation. Each mix node's reputation is quantified in NYM tokens.
Moreover, users have the option to delegate their NYM tokens to mix nodes. This action serves as a validation of a mix node's reputation and grants the user a portion of the mix node's rewards. Users are encouraged to delegate their NYM to nodes that consistently deliver quality services as it increases their likelihood of earning rewards.
However, it should be noted that NYM is not a general-purpose payment mechanism or a typical cryptocurrency, such as Bitcoin. Its utilization is exclusively intended for activities within the Nym network.