What is Nillion (NIL)? A decentralized computing network that secures high-value data

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Here's the English translation: What is Nillion?

Nillion is a decentralized computing network specialized in securing and processing high-value data without decryption.

Nillion's Multi-Party Computation (MPC) technology allows computation on encrypted data, maximally protecting privacy in AI, healthcare, finance, and digital identity fields.

MAIN CONTENT
  • Nillion uses MPC, FHE, and ZKP to process data without decryption, enhancing decentralized security.
  • Two-layer architecture: Coordination Layer (NilChain) and Orchestration Layer (Petnet) increase performance and privacy.
  • NIL Token has governance, staking, and payment roles in multi-sector ecosystems like AI, DeFi, SocialFi.

What is Nillion?

Nillion is a decentralized computing network using MPC technology to process sensitive data like AI, biometrics, and health without decryption, keeping data safe during computation.

Technology experts highly rate this model as a significant advancement compared to traditional blockchain that only protects transaction data.

What Problem Does Nillion Solve?

Nillion focuses on safely storing high-value data long-term and allows computation on encrypted data without decryption, thereby reducing information exposure risks and eliminating centralized control.

What Are the Challenges with High-Value Data?

Data security experts point out that large and sensitive data volumes face difficulties when needing long-term storage with absolute security.

Data computation must avoid decryption to prevent vulnerabilities, and simultaneously require a decentralized solution to avoid centralized management risks.

How Does Nillion Solve These Challenges?

Nillion combines MPC, Fully Homomorphic Encryption (FHE), and Zero-Knowledge Proofs (ZKP) to distribute data across decentralized network nodes, completely eliminating data input decryption processes, ensuring security and privacy at the highest standards.

Nillion brings a breakthrough in data security by allowing computation on encrypted data, creating new safety for modern AI and financial applications.
– Alex Page, Nillion CEO, 03/2025

What Are Nillion's Prominent Technologies and Operating Model?

Nillion operates based on a two-layer architecture comprising Coordination Layer (NilChain) built on Cosmos SDK and Orchestration Layer (Petnet) applying MPC, ZKP, FHE to process encrypted data, enabling scalability and maximum security for various applications.

This architecture not only enhances processing performance but also makes the platform suitable for essential fields like AI, DeFi, SocialFi, digital healthcare, and safe identity recognition.

What is Nillion's Current Ecosystem and Applications?

Over 50 projects from various fields like AI, DePIN, DeFi, SocialFi are currently integrating or planning deployment on the Nillion network, demonstrating a diverse and potentially strong ecosystem development.

  • AI enables computation on secure data.
  • SocialFi protects anonymous user identities.
  • DeFi reduces intermediary verification dependencies.

What Are the Details of Nillion Token ($NIL)?

NIL Token Metrics

Nillion Token (NIL) is a utility and governance token, developed on Nillion's own blockchain with a total supply of 1 billion Tokens, serving multiple purposes in the network.

NIL Token Distribution

DistributionPercentage
Investors21.5%
Ecosystem & Partners21%
Community20%
Team20%
Treasury17.5%

NIL Token Release Schedule

The release schedule is designed reasonably to ensure liquidity and support long-term project development from 2023 to 2025 with various Token distribution stages according to project progress.

NIL Token Utilities

  • Staking: Ensuring network security
  • Payment: Used in diverse ecosystems
  • Rewards: For nodes, verifiers, and data contributors
  • Governance: Voting on platform development decisions

What Are the Current Exchanges for NIL Token?

NIL Token is currently listed on Binance Launchpool, allowing users to stake BNB, FDUSD, USDC from 21/03 to 24/03/2025 to receive Tokens, facilitating easy and safe access.

What Are Nillion's Investors and Fundraising Process?

Since its establishment, Nillion has raised a total of $65 million from top investors like Distributed Global, HashKey, Hack VC, Arbitrum, Worldcoin, and Sei. The ICO on Coinlist in June 2024 raised $20 million at $0.4 USD/Token.

The strong investment team and partners like Hack VC and Arbitrum further confirm Nillion's sustainable development potential in the data security technology space.
– Allinstation Investment Report, 04/2025

Who Comprises the Nillion Project Team?

The team includes top-tier experts such as Andrew Masanto – co-founder of Hedera Hashgraph, Miguel de Vega – cryptology expert from Sedicii, and CEO Alex Page with experience from Goldman Sachs, Hedera, and many successful startups.

They are also supported by experienced engineers from Google, Coinbase, Uber, Nike and Amazon, ensuring a solid technical foundation and professional development strategy.

What is Nillion's development roadmap?

The 2023-2024 phase focuses on developing testnet, expanding the verifier community and attracting partners. The year 2025 marks the mainnet launch, staking program, governance, and robust development of AI support tools and dApp.

How is the Airdrop and community development program?

Nillion has launched the Verifier Program, allowing users to contribute to the network by running testnet nodes and staking ETH on Smart Contract, accumulating Impact Score used as a basis for future airdrop distribution.

What are the project's official information channels?

  • Official Website: (not updated)
  • Twitter: (not updated)
  • Telegram: (not updated)

Frequently Asked Questions

What is Nillion and what are its technology's highlights?

Nillion is a decentralized computing network using MPC and advanced security techniques to process sensitive data without decryption, protecting privacy and ensuring high performance.

What role does the NIL Token play in the ecosystem?

The NIL Token is used for staking to protect the network, pay for services, receive contribution rewards, and participate in project governance, helping to connect the entire cross-industry ecosystem.

How to participate in NIL Token staking on Binance Launchpool?

Users can stake BNB, FDUSD or USDC on Binance Launchpool during the period of 21/03 - 24/03/2025 to easily and safely receive NIL Token rewards.

What important achievements does the Nillion development team have?

The team includes founders who initiated Hedera Hashgraph, cryptology experts, and a CEO with extensive experience at Goldman Sachs, ensuring leading industry vision and technology.

What applications is the Nillion ecosystem currently integrating?

Over 50 projects in AI, DeFi, SocialFi, and DePIN are developing on the Nillion platform, leveraging secure computing capabilities on high-value data.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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