Private calculation network and Nillion storage network, called “Blind Computer”, debuted his Token Native Native and his native token on Monday.
However, the market capitalization of Token has fallen 12% in the first 24 hours along with the continuous list of the main exchanges, including Bithumb and Optimism of South Korea in the community of analysts on the long -term perspectives of the project.
Nil debuted with a total supply of one billion, of which 19.52% or 195.15 million nulls were transmitted to the community on the first day, which resulted in a market capitalization at the beginning of just over $ 165 million.
Since then, its market value has fallen by 12% to $ 144.93 million, with the Token changing from hands to 74 cents in main exchanges, such as Binance, Gate.io, Mexc, Bitget and others, according to Data Source Coingcko.
Earlier on Tuesday, Bithumb, one of the largest cryptographic exchanges in the South Korea expert in Altcoin, announced the list of the Nil-Coreana couple won on their platform.
Blind Nillion computing
Nillion is a decentralized platform designed to admit storage and private high -value data calculation, and works in the same way as blockchains decentralize transactions.
But there is a trap. Unlike blockchains that focus on transparent accounting books, Nillion USA NIL Message Compute (NMC), which allows calculations in encrypted data without exposing it (deciphering it), ensuring that no node or part has only access to confidential data.
The network architecture combines a coordination layer called Nilchain and Petnet, with the latter using privacy improvement technologies such as multiparty calculation, fully homomorphic encryption and reliable execution environments to deliver data security.
This blind computer science clearly contrasts the traditional methods that require deciphered before processing, which exposes confidential data, such as personal health/financing information, with safety threats and misuse.
Pivotal for Ai Boom
Nillion addresses the persistent challenge of data privacy and trust problems in sectors such as artificial intelligence (AI) – Personal assistants and health AIS – private orders books in decentralized finances and many more.
“Nillion Is Tackling Ai’s Biggest Hurdle: Trust. By Weving Together Cutting-Edge Privacy Tech into a Seamless Backbone for Ai, Nillion you have the potential to scholars Powering The Next Wave of AI Adoption, “Yau Teng Yan, Founder and Chief Evangelist at Research Firm Chain of Thought Said in A Detailed Publication in X.
“The privacy revolution just begins,” Yan added.
Alcista tokenomic
The Token Nil is the cryptocurrency of governance used to pay network rates for calculation and blind payments in the Nillion and Petnet coordination layer, ensuring the network through participation and participation in the governance module in the chain.
“Nil’s Token economy is designed for adoption. Nil will feed the network, ensuring operations while driving demand based on burns as use scales,” Yan said.
