Bitcoin
$42,723.97+2.31%
Ethereum
$2,938.72+2.90%
XRP
$0.942922+2.54%
Cardano
$2.44+11.29%
Polkadot
$30.54+1.80%
Stellar
$0.278843+0.70%
Dogecoin
$0.207766+0.45%
Chainlink
$22.97+2.84%
Uniswap
$19.62+1.33%
Polygon
$1.13+2.12%
Cosmos
$40.34+3.06%
Algorand
$1.77-0.64%
Litecoin
$152.69+3.75%
Bitcoin Cash
$516.27+2.57%
Wrapped Bitcoin
$42,762.66+2.20%
The Graph
$0.683867-1.88%
Filecoin
$61.52-1.66%
Tron
$0.091479+0.55%
Ethereum Classic
$47.65+2.62%
Tezos
$7.18+14.87%
Aave
$278.60+0.40%
Monero
$238.52+3.92%
NEO
$39.59+0.97%
EOS
$4.03+1.83%
IOTA
$1.24-0.11%
BitTorrent
$0.003269+0.77%
Bitcoin SV
$134.97+0.90%
Waves
$24.48-3.42%
Maker
$2,281.26+1.56%
Dash
$165.95+2.07%
Decred
$116.46+3.84%
Decentraland
$0.692930+1.79%
ICON
$1.57+0.16%
NEM
$0.148386+1.12%
Zcash
$110.83+1.88%
OmiseGO
$8.90+0.76%
Paxos Standard
$1.00+0.04%
Yearn Finance
$30,138.15+6.70%
Ren
$1.10+9.07%
NuCypher
$0.274004+1.41%
Qtum
$9.77+0.81%
Bitcoin Gold
$53.46+4.80%
Basic Attention Token
$0.649065+1.76%
Fetch.ai
$0.819527+7.73%
0x
$0.899530+0.94%
Kava.io
$6.03+2.36%
Bancor
$3.45+2.23%
Band Protocol
$7.44+2.87%
Siacoin
$0.014854+2.00%
Nano
$4.74+1.91%
Loopring
$0.385011+2.36%
Storj
$1.09+2.15%
Numeraire
$42.06+3.03%
Civic
$0.459971-1.15%
Lisk
$2.98+6.96%
Orchid
$0.321108+2.13%
PAX Gold
$1,756.50-0.21%
Enzyme
$133.33+0.35%
Augur
$21.77+5.27%
Aragon
$4.82+5.83%
district0x
$0.150809+4.23%
Kyber Network
$1.45+1.75%
SingularDTV
$0.001284+0.87%
Tether
$1.00+0.01%
USD Coin
$1.00+0.04%
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...