The HOPR network is an incentivised p2p network where nodes are relay points for transferring data between users. Data is encrypted and mixed between nodes, so only the receiver can view the data, and only the sender knows the source and destination of the data transfer.
The HOPR protocol allows users to run nodes which form a peer-to-peer privacy network. Data sent through the network won't expose metadata. E.g. who sent/received the data? The size/time of the transfer etc…
The HOPR protocol provides network-level and metadata privacy for every kind of data exchange. A mixnet protects the identity of both sender and recipe ent by routing data via multiple intermediate relay hops that mix traffic.
Payments are handled via probabilistic micropayments, a custom layer-2 scaling solution on top of the Ethereum blockchain.
Relay mix nodes are rewarded for their work in HOPR tokens. The proof-of-relay mechanism protects users from dishonest behavior.
HOPR thus provides economic incentives to run a global privacy network sustainably - and at scale - without compromising privacy.
HOPR is launched on the Ethereum mainnet.
What is the utility of the HOPR Token?
The HOPR token has three main uses:
- Users can pay with HOPR tokens to send data through the HOPR network privately and securely.
- Node runners can stake HOPR tokens in their nodes to be rewarded for relaying data. Node runners receive fees in HOPR for the data they help to relay, including a large number of tokens distributed in the form of cover traffic.
- Finally, the HOPR token gives users voting power in the HOPR Association DAO
