Nillion has developed a four-phase plan for launching the Nillion Network and is currently in Phase 1, called the Genesis Sprint. Participants are encouraged to explore the Nillion Genesis Testnet, also known as the Coordination Layer during this phase. This testnet offers rewards to participants in the form of $NIL tokens after the Token Generation Event (TGE) for their contributions in shaping decentralized computation. Get ready for an exciting start to this journey!
About Nillion
Nillion is a secure network that decentralizes trust for valuable data, similar to how blockchains decentralize transactions. It utilizes advanced technologies like Multi-Party Computation (MPC) and cryptography to safeguard High-Value Data (HVD) from unauthorized access and security threats.
Step-by-step guide
Create a Keplr wallet to get started with the Nillion Testnet phase 1. Visit the Keplr Chains page and add Nillion Testnet to your Keplr wallet. Use the Nillion Testnet Faucet to claim $NIL testnet tokens every 24H. Make a transaction on the Nillion Testnet by Sending NIL Tokens to a friend.
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
Project links
Third-party websites found on the internet are publicly accessible and have no affiliation with Bitget. It's crucial to assess the risks associated with using third-party websites independently and proceed with caution.
What will be value of Bitcoin and Ethereum in 2025?