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Author Topic: VPNs using Blockchain Technology  (Read 701 times)
jacafbiz
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March 17, 2020, 07:18:43 PM
 #21

I  know of Mysterium but the project never rely gained any traction, was able to raise huge amount of money in the ICO boom of 2017, recently Tachyon Protocol is making moves to make waves in the space  but the issue I see is getting users to their network, if they can they this would be huge for them, another thing is speed, if their network is not slow as compared to the centralized VPN it would be a good selling point

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March 19, 2020, 01:24:30 AM
Merited by Heisenberg_Hunter (1)
 #22

How secured can one get when using VPN based Blockchain service compare to other VPN apps? I don't see any difference here, many developers just want to make every thing available on blockchain, most of the projects don't count, no one needs them

The difference is that Blockchain-based VPNs will offer an incentive for running a node, whereas traditionally-centralized VPN services do not. Since Blockchain is not meant to be used for everything (especially at handling loads of data at an ever-growing rate), it could serve as a financial layer for the innovative VPN system. Decentralized VPN solutions could adopt innovative cryptographic techniques (ZKPs perhaps?) to stay ahead in the game. Of course, the number of VPNs using Blockchain technology are still experimental and not proven for widespread use. It may take a couple of years from now before we'll be able to grasp the true power of a decentralized VPN service backed by the Blockchain. We already have the Mysterium Network and the Tachyon Protocol, so I'd expect new projects to emerge over time that would make use of Bitcoin's innovative technology for their own benefit.

With many alternative networks available today (such as Tor, Zeronet, i2p, etc.), it's doubtful that a VPN service relying on Blockchain technology will ever succeed in the future. But who knows? Technology is known to evolve over time. As people become aware of the need for privacy, they'll resort to anonymity networks or other privacy solutions to protect themselves against government surveillance. Rest assured, that a decentralized VPN service with an incentive mechanism will surely attract the likes of tech gurus, investors, and everyday people. All in all, I'd recommend anyone to use tried-and-tested privacy solutions like Tor or i2p instead of Blockchain-based VPNs until they become mature for mainstream use. Time will tell us whenever this was just crazy idea (of a VPN using Blockchain technology) or not. Just my opinion Smiley

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May 07, 2020, 08:41:19 PM
 #23

I would love to use blockchain based VPN. I think, it would be more secure than normal vpn.

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June 12, 2020, 03:41:54 AM
 #24

I  know of Mysterium but the project never rely gained any traction, was able to raise huge amount of money in the ICO boom of 2017, recently Tachyon Protocol is making moves to make waves in the space  but the issue I see is getting users to their network, if they can they this would be huge for them, another thing is speed, if their network is not slow as compared to the centralized VPN it would be a good selling point

This summer the Mysterium team is going to migrate from testnet to mainnet, where MYST token is applicated in user applications.
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June 12, 2020, 04:13:43 AM
 #25

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Everything will be settled on-chain in a completely decentralized way. Node operators would serve as "gateways" that would constitute the whole VPN.

So, tor on blockchain steroid? It's nice to be a note operator and talking about autonomous but once CIA knocks on your door, you will sing a different song. If you don't trust the VPN service provider, will you trust a stranger hosting your private information?
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