LogicallyMinded on Nostr: I’m actually interested in understanding further the utility of the #NYM token. For ...

I’m actually interested in understanding further the utility of the #NYM token. For what I remember from last research I’ve done on the project, the token is used to vote for the servers you want the traffic to be direct to. I think, it’s a fine concept but I’ve always been concerned by the large pre-mine supply distributed to the team and investors. Couldn’t those parties potentially collude and vote for servers that are dishonest? I like the concept of NYM but I feel the privacy assumptions of the service are dependent of how decentralized the token supply is and unfortunately it doesn’t seem to be very decentralized. How to waste a great idea and talents with poor tokenomics.

#VPN #Crypto