Blind computation is the token’s job.
Most networks pay nodes that can see your data. Nillion pays nodes that never can.
I assumed NIL was another staking token securing a chain. Then I read what it actually pays for.
NIL is the fee for blind computation, where developers run privacy-preserving workloads and nodes process data they cannot read. The same token is staked for network security and used on the Coordination Layer to route payments and requests between participants.
That ties token demand to a technical act, not to sentiment. Every private computation requested is a payment in NIL, so network usage and token flow are the same event.
Nillion’s own 2.0 post backs the direction. It describes reviewing usage-driven burns so supply tracks activity, and redirecting rewards from professional validators to community nodes.
What isn’t clear: whether burn rates will be published against computation volume, and whether supply is capped or open-ended, since sources disagree on that.
A token only earns its price if the blind work behind it is real. Watch the compute, not the chart.
@Nillion $NIL #NIL
Most networks pay nodes that can see your data. Nillion pays nodes that never can.
I assumed NIL was another staking token securing a chain. Then I read what it actually pays for.
NIL is the fee for blind computation, where developers run privacy-preserving workloads and nodes process data they cannot read. The same token is staked for network security and used on the Coordination Layer to route payments and requests between participants.
That ties token demand to a technical act, not to sentiment. Every private computation requested is a payment in NIL, so network usage and token flow are the same event.
Nillion’s own 2.0 post backs the direction. It describes reviewing usage-driven burns so supply tracks activity, and redirecting rewards from professional validators to community nodes.
What isn’t clear: whether burn rates will be published against computation volume, and whether supply is capped or open-ended, since sources disagree on that.
A token only earns its price if the blind work behind it is real. Watch the compute, not the chart.
@Nillion $NIL #NIL