Your data holds immense value.
What if your data truly belonged to you, and you didn’t have to trust Big Tech with your deepest secrets?
Just as Bitcoin gave you control over your money by decentralizing the financial system, Nillion aims to give you control over your data by decentralizing the data economy. And with that control comes the opportunity to be recognized and rewarded for your contributions as an early Verifier.
Introducing the Nillion Verifier
We’re thrilled to unveil the Nillion Verifier. As a verifier, you will ensure data integrity across the network, playing a crucial role in maintaining security and preparing for mainnet launch.
Early verifiers will have the opportunity to be acknowledged for their contributions, setting themselves apart in the community.
How Does the Verifier Program Work?
Participating in the Nillion Verifier program is your chance to be officially recognized as an essential contributor to the network’s success.
Here’s how you can solidify your status as a Verifier:
- Upload “Secrets”: Once eligible, you can start uploading secrets (data) weekly across various categories. Each secret strengthens the network, tests the system, and enhances your standing within the community.
- Run a Verifier: Set up a verifier to run in the background, ensuring that data shares remain intact. By helping maintain the network’s integrity, you establish yourself as a key player in the Nillion ecosystem.
ETH Staking
By staking ETH against your verifier or secrets, you will have a greater impact on the network, which will be directly reflected in your “impact score”, the more you have staked the higher the impact on the network. The minimum stake amount is 0.05ETH. One staked you will be able to easily track your “staked impact score” via your personal dashboard on both the Secrets and Verifier tab.
Economic Incentives
Data integrity is about more than just security—it’s about value. Here’s why participating early as a verifier is a smart move:
- We Are Watching: Every action you take to verify data within the network is recorded and can lead to benefits within the Nillion ecosystem. It’s simple: the more you contribute, the more the network recognizes your efforts.
- Long-Term Data Storage: Some data, like digital IDs or sensitive information, requires secure, long-term storage. Users who value their data’s safety may look to verifiers who are actively involved, rewarding those who ensure data availability and security. This creates a pathway for verifiers to gain even more from their involvement.
As the Nillion Network evolves, it will introduce more sophisticated economic models, such as a token-based incentive pool where users can add extra incentives to ensure their data is regularly verified. Early participants will be well-positioned to benefit from these developments, as their contributions will be highly valued in the network.
Why Start Now?
Those who quickly seize this opportunity and contribute effectively will be among the first to be recognized in the Nillion community. Whether you prefer to actively check data or run a verifier in the background, your involvement now could set the stage for significant future rewards. The earlier you start, the more integral you become to the network.
Ready to dive in? Become a Nillion verifier today or check out the resources below for additional assistance:
Disclaimer: Please note that staking ETH is at your own risk – you are responsible for maintaining private keys and for withdrawing your assets. Nillion team will not have access to your staked ETH address nor be able to assist in the event you lose your keys.