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August 25, 2020

Decentralized VPN Tachyon Hits 1 Million Mark

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If you are reading this, chances are you are involved in crypto or blockchain as a trader, investor, entrepreneur or an enthusiast. If that is true then it would be fair to assume that you understand the importance of privacy and wish to avoid centralized systems and authorities which have to date governed various aspects of our lives ranging from our sovereignty, economy, finances and, the most unfortunate of all, the internet.

Most of us want to avoid central authorities monitoring and tracking our activities on the internet. However, it is easier said than done. Many projects have tried but failed or could not expand their customer base or offering beyond a point.

The easiest way to safeguard one’s footprint on the internet is by using a virtual private network (VPN) which helps users create a private connection between the server and their systems. But again, the traditional VPNs being centralized systems themselves are prone to vulnerabilities of different orders.

Earlier this year Tachyon, a decentralized VPN, was launched to ensure that said issues of centralized systems can be resolved. Tachyon is built upon V.systems, the ambitious blockchain infrastructure project by Sunny King, the founder of PoS. Sunny is also a part of the founding team at Tachyon along with Alex Yang, Vinko Karamatic and others. Tachyon saw great interest from privacy and decentralized activists and supporters since its launch, and it now has over a million active users on its platform. Tachyon VPN, which is available for multiple platforms including Android, iOS, and macOS, will soon be launched for Windows.

Not many decentralized applications have witnessed such a phenomenal growth in such a short period of time. However, Tachyon dVPN’s launch coincided with the pandemic and much unrest across the world, causing people to adopt a safer way to access the internet which has resulted in massive user growth month-over-month.

In addition to the number of downloads, Tachyon also has 1500+ nodes running and has sent rewards to more than 10K users. The native currency of the platform known as IPX tokens can be used to pay for the services or can be used to stake. The token IPX is already listed on major exchanges like Bithumb, Hotbit, and HitBTC, among others.

Industry experts believe that in the coming days, given the work-from-home trend and privacy concerns among netizens, which is here to stay, that demand for VPNs is going to rise.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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