Bitcoin
$43,940.40-7.72%
Ethereum
$3,092.72-8.04%
XRP
$0.938864-12.60%
Cardano
$2.16-8.19%
Polkadot
$29.63-14.00%
Stellar
$0.285409-10.32%
Dogecoin
$0.214190-10.10%
Chainlink
$24.61-12.25%
Uniswap
$21.81-9.64%
Polygon
$1.20-10.74%
Litecoin
$161.25-8.97%
Bitcoin Cash
$548.65-11.15%
Cosmos
$37.47-13.78%
Wrapped Bitcoin
$43,992.97-7.91%
Algorand
$1.70-15.45%
Filecoin
$77.17-8.41%
The Graph
$0.722409-12.33%
Tron
$0.094815-10.28%
Ethereum Classic
$50.49-10.06%
Aave
$306.29-12.64%
Tezos
$5.54-16.07%
NEO
$43.22-12.50%
Monero
$235.77-12.36%
EOS
$4.33-14.70%
IOTA
$1.37-13.41%
BitTorrent
$0.003465-11.12%
Bitcoin SV
$138.69-11.48%
Maker
$2,535.32-10.70%
Waves
$23.95-14.92%
Dash
$178.91-10.27%
Decred
$126.39-10.03%
Decentraland
$0.708587-13.07%
ICON
$1.69-8.99%
OmiseGO
$10.72+9.14%
NEM
$0.160654-12.36%
Zcash
$120.66-11.83%
Qtum
$10.87-12.16%
NuCypher
$0.288180-12.36%
Yearn Finance
$30,219.41-9.23%
Paxos Standard
$1.01+0.06%
Bitcoin Gold
$56.36-13.08%
Basic Attention Token
$0.667048-10.40%
0x
$0.940602-13.23%
Bancor
$3.65-9.08%
Fetch.ai
$0.695152-14.26%
Ren
$0.794053-15.82%
Band Protocol
$7.89-14.79%
Siacoin
$0.016005-13.46%
Kava.io
$5.23-14.38%
Nano
$4.88-14.64%
Loopring
$0.409374-12.60%
Storj
$1.18-13.12%
Numeraire
$42.29-6.42%
Lisk
$3.11-15.19%
Civic
$0.434797-15.11%
Orchid
$0.328365-13.03%
PAX Gold
$1,771.85-0.02%
Augur
$22.76-11.96%
Aragon
$5.34-13.43%
Enzyme
$107.23-9.16%
district0x
$0.156847-11.78%
Kyber Network
$1.55-12.54%
SingularDTV
$0.001390-1.88%
Tether
$1.00-0.03%
USD Coin
$1.00-0.00%
Dai
$1.00-0.04%

HOPR Launches Token Incentive Program for Running Its Mixnet Testnet

HOPR sells its own hardware node version (at $440) but HOPR nodes can also be run on devices that run Windows, macOS and Linux.

Sep 16, 2020 at 3:00 p.m. UTC
Updated Sep 14, 2021 at 9:56 a.m. UTC

HOPR, a data privacy startup, announced the release of a public incentivized testnet for its mixnet on xDai, an Ethereum sidechain.

  • A mix network or “mixnet” (taking its name from the proxy servers it employs, called “mixes”) obscures the metadata left behind when data passes through a network, which can be observed on most networks by state-level adversaries.
  • Nicknamed HOPR Säntis (after a Swiss mountain) and running on the xDai chain, the firm says the testnet provides “fast transactions secured by proof-of-stake, while eliminating the high Ethereum transaction fees.” Transaction costs on the xDai network are lower than on the Ethereum mainnet.
  • Participants in the program will earn ERC-20 HOPR tokens for running a node. These tokens will be distributed when the HOPR mainnet launches in late 2020.
  • “We want to get people to run a node ahead of our mainnet launch later this year and already earn tokens for that,” HOPR lead Sebastian Bürgel said in an email to CoinDesk.
  • The incentivized testnet is also a chance to get feedback on the mixnet, detect bugs and generally take the network to the next level with a second round of feedback, following the firm’s initial public testnet this summer, according to Bürgel.  
  • While HOPR sells its own hardware node version (at $440), a HOPR node can also be run on devices that run Windows, macOS and Linux. 
  • The reason for using hardware rather than the cloud, said Bürgel, is that it’s better for decentralization as it doesn’t rely on cloud infrastructure.
  • In July, HOPR announced a $1 million funding round led by Binance Labs.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...