Nillion Network $NIL Launches Mainnet with Innovation in Blind Computing
- Privacy guaranteed with 'blind computation' in data processing.
- Simultaneous launch of mainnet and $NIL token with initial volatility.
- Use of advanced cryptographic techniques for data security.
Nillion Network has just announced the launch of its mainnet, promising to revolutionize the way sensitive data is handled in decentralized applications (DApps). Using innovative cryptographic methods, such as full homomorphic encryption and zero-knowledge proofs (ZK Proofs), the platform ensures that data processing is carried out securely and privately.
In a strategic move, Nillion also introduced its native token, $NIL, simultaneously with the mainnet launch. The token debuted at an initial price of $0,40, quickly reaching $0,97. However, at press time, $NIL was trading at $0,735, reflecting a 13% drop in the last 24 hours.
Nillion stands out in the blockchain technology landscape for its ability to decentralize trust in high-value, sensitive, and privacy-sensitive data. The network not only facilitates the decentralization of transactions, but also provides a robust solution for decentralized data storage and processing. With a modular and flexible architecture, Nillion enables the use of advanced cryptographic techniques, enhancing existing workflows and unlocking new possibilities for developers.
One of Nillion’s major differentiators is its ability to perform blind computation. In this process, sensitive data remains encrypted throughout the processing cycle, allowing it to be manipulated without the need for decryption. This approach protects data confidentiality, even if computing infrastructure operators do not have the ability to access the encrypted content. In this way, the network avoids the conventional cycle of decrypting, processing, and then re-encrypting, minimizing data exposure.
As AI becomes increasingly integrated into our daily lives, we need to reimagine the internet. We need a new digital landscape where privacy isn't a luxury but a fundamental right, where users can trust that their data is protected, an AI internet built on security and trust.… pic.twitter.com/SZzafDNe98
— Nillion (@nillionnetwork) March 24, 2025
Additionally, Nillion incorporates blind modules that utilize privacy-enhancing technologies such as secure multi-party computation (MPC) and homomorphic encryption (HE). These technologies are integrated into Nillion’s infrastructure to enable the secure storage of sensitive, confidential, or valuable information, reinforcing trust and elevating cryptographic security standards to Information Theoretic Security levels.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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