Private Calculation and Storage Network Nillion, called “Blind Computer”, debuted on Mainnet and native token Nil on Monday.

However, token’s market value has fallen 12% in the first 24 hours alongside the continued listing of major exchanges, including South Korea’s Bithumb and Optimism in the analyst community of the project’s long -term prospects.

NIL debuted with a total supply of 1 billion, of which 19.52% or 195.15 million zero was air -dropped to the community on the first day, resulting in a market value by agreement of just over $ 165 million.

Since then, its market value has dropped 12% to $ 144.93 million, with Token changing hands to 74 cents on larger exchanges, such as Binance, Gate.io, Mexc, Bitget and others, according to Data Source CoingeCko.

Earlier on Tuesday, Bithumb announced one of the biggest crypto exchanges in the Altcoin-savvy South Korea, the list of Nil-Korean won pairs on his platform.

Nillion’s blind computing

Nillion is a decentralized platform designed to support private data storage and high value calculation, and it works in the same way as blockchain’s decentralizes transactions.

But there is a catch. Unlike Blockchains, which focuses on transparent headbooks, Nillion uses Nil Message Compute (NMC), which provides calculations for encrypted data without revealing (decrypt) it, ensuring that no single knot or party has access to sensitive data.

The network’s architecture combines a coordination layer called Nilchain and Petnet, where the latter uses privacy -enhancing technologies such as multi -party calculation, full homomorphic encryption and trusted execution environments to provide data security.

This so -called blind computing contrasts sharp traditional methods that require decryption before processing that expose sensitive data, such as personal health/financing information, to security threats and abuse.

Pivotal for AI Boom

Nillion addresses the sustained challenge of data protection and matters of trust in sectors such as Artificial Intelligence (AI) – personal assistants and healthcare – private order books in decentralized funding and many more.

“Nillion tackles AI’s biggest obstacle: trust. By weaving pioneering privacy technology to a trouble -free backbone for AI, Nillion has the potential to become as basic to AI as SSL is for the web. If Nillion can make it easy to use as it is powerful a detailed post on X.

“The revolution of privacy has just begun,” Yan added.

Bullish Tokenomics

The Nil-token is the control, cryptocurrency used to pay network fees for blind calculation and payments across Nillion’s coordination layer and Petnet, ensuring the network through effort and participation in the module on-chain management.

“Nil’s Token Economics is designed for adoption. Nil will operate the network and secure operations while driving the burning demand for use as utility scales,” Yan noted.