#nil $NIL @Nillion is the native utility and governance token powering the Nillion Network, a decentralized privacy and "Blind Computation" infrastructure. Rather than operating as a standard linear blockchain, Nillion functions as an encrypted computation layer using cryptographic primitives like Multi-Party Computation (MPC) and secret sharing. This architecture allows decentralized nodes to process, store, and compute high-value data without ever decrypting or exposing the underlying plain-text information.
The token serves critical operational roles across its ecosystem:
Computation & Storage Fees: Users and decentralized applications pay with $NIL to run confidential queries, train or query private AI models (nilAI), and access encrypted data storage (nilDB).
Network Security & Staking: Node operators must stake $NIL to validate compute jobs and secure the network against malicious behavior.
Governance: Token holders vote on core protocol upgrades, economic parameters, and ecosystem grants.
The token serves critical operational roles across its ecosystem:
Computation & Storage Fees: Users and decentralized applications pay with $NIL to run confidential queries, train or query private AI models (nilAI), and access encrypted data storage (nilDB).
Network Security & Staking: Node operators must stake $NIL to validate compute jobs and secure the network against malicious behavior.
Governance: Token holders vote on core protocol upgrades, economic parameters, and ecosystem grants.