Following a successful testnet on Polygon (then Matic) in late 2020, HOPR is running a second incentivized testnet to gather data on the advanced features of its privacy protocol.
The testnet will run from Thursday, August 26th to Thursday, September 2nd, and users will be rewarded for running nodes, sending and relaying data through the HOPR mixnet.
HOPR’s Incentivized Mixnet Provides Metadata Privacy
After launching their mainnet and HOPR token in February, HOPR is now working to build advanced features of its privacy protocol, as well as to gather data on how the mixnet behaves as it scales.
As a popular chain with low fees, Polygon is a good environment to test the stability and speed of the HOPR network in a production setting.
Participants in HOPR’s staking program will automatically be sent HOPR testnet tokens, while people new to HOPR will be able to fund their testnet nodes via a faucet. Once their nodes are running, participants can use the new signing function to link their node(s) to a reward address. Participants will earn points for completing tasks with their nodes, including sending and relaying data, opening and closing payment channels, and redeeming the cryptographic tickets which power HOPR’s proof-of-relay mechanism.
All participants who meet the minimal activity threshold will receive a testnet NFT which can be traded or redeemed as part of HOPR’s staking program. The participants with the highest activity will receive higher-ranked NFTs once the testnet is complete.
The on-chain analysis will be used to track participants’ scores, and it will be possible to track scores and the overall status of the testnet via a dashboard at network.hoprnet.org. The dashboard also links to full details of how to participate in the testnet and a breakdown of the incentivization scheme.
Privacy: An Essential Part of the Web3 Ecosystem
Polygon has grown rapidly in 2021, not just in terms of raw users, but also by building out a comprehensive ecosystem of services and features.
“Polygon has gone from strength to strength since the last HOPR testnet, particularly the recent integration of Polygon Hermez. Polygon is pioneering the next level of Ethereum scalability, and we’re excited to do our part with HOPR by adding metadata privacy to the mix.” – Sebastian Bürgel, HOPR Founder
“As we get closer to building Web3, data and metadata privacy is becoming a pressing issue. HOPR’s incentivized mixnet is a layer-0 solution for complete metadata privacy that will benefit all users of the Polygon ecosystem by providing low-cost privacy that seamlessly integrates with other crypto services. – Sandeep Nailwal, Polygon Co-Founder”
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.
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Swiss-based HOPR is a team of highly motivated experts with a single shared goal: universal data privacy. The HOPR protocol lets companies and users protect their transmitted data and metadata thanks to its one-of-a-kind incentivized mixnet. Together with one of the most engaged communities in crypto, HOPR is building the digital privacy landscape of tomorrow.
HOPR is a layer-0 metadata privacy protection protocol that can be used to connect devices and the cloud and realize private transactions on the chain. HOPR has developed cutting-edge technologies for digital privacy, zero-layer data transmission, and decentralized governance.
HOPR tokens have three major functions: payment, equity, and voting.
Source : cryptodaily.io