Coins/NIL
NIL
NIL/USDT

Nillion

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About this coin

With the development of blockchain technologies, the issue of data confidentiality is becoming increasingly acute. Most public networks provide information in an open form, which makes it impossible to use certain sensitive data for decentralized applications. Nillion solves this problem with a 'blind computer' architecture. This is an innovative approach that allows computing and data storage without disclosing their contents. The project describes itself as the world's first blind computer based on privacy-enhancing technologies (PET). Unlike traditional networks, where nodes see data, the blind computer processes it in encrypted form, which radically increases privacy.

PET work by splitting data into fragments and distributing them among network nodes. Computations are performed on encrypted fragments, and none of the participants see the original data in full. This provides a high level of protection and enables scenarios such as processing personal data without violating privacy, creating secure databases, and organizing private data marketplaces. This allows users to securely exchange data and use cloud computing without trusting third parties. The Nillion network includes the Coordination Layer and Petnet — key components responsible for coordination and execution of computations.

The Coordination Layer handles payments and coordinates the work of network participants, while Petnet performs blind computations and provides data storage. This separation allows scaling the network and maintaining high performance while maintaining privacy. Various modules are built on this architecture, including DB — an encrypted database, AI tools, and a VM for program development. These modules can be used individually or together to create comprehensive solutions.

The NIL token is an integral part of the network economy. It is used to pay network fees for blind computations and payments in the Coordination Layer and Petnet. Additionally, NIL is used in staking to protect the network and maintain its security. Token holders can participate in project governance through a built-in governance module, as well as gain access to Nillion services such as the DB database and other modules. Since the network is built on decentralization principles, the token incentivizes participants to support its operation.

The main use cases of Nillion include private personalized artificial intelligence, encrypted databases, data marketplaces, and privacy-focused applications. The DB module, for example, allows storing data in encrypted form and performing computations directly on it. This is especially valuable for organizations working with sensitive information and for Web3 applications requiring privacy. This approach avoids data leaks and allows trusting computations even without the need to disclose information.

In the field of artificial intelligence, Nillion offers several solutions. AI Virtual Machine (AIVM) is a secure platform for model inference, developed in collaboration with Meta. Nada-AI is a library for nilVM that supports running small AI models. nilTEE is a solution based on trusted execution environments (TEE) for fast private operations. These tools allow developers to create AI applications that protect user data. Thus, Nillion provides a full stack for creating private AI services.

Developers can use Nillion VM with libraries to create programs in Python and JavaScript, which simplifies web3 application development and lowers the entry barrier. Official resources include the website nillion.com, the X (Twitter) page @nillion, and the Telegram channel nillionnetwork. Information about the token is presented on blockchain explorers Etherscan and Ethplorer, as Nillion is integrated with the Ethereum ecosystem. The project covers categories of artificial intelligence, infrastructure, and privacy, including programs such as Binance Launchpool and CoinList Launchpad. The project's resources are open to the community, and developers can follow updates.

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