Blockchain Powered Tachyon VPN Hits Landmark 1Mln Users in Six Months
Tachyon Protocol, a decentralized internet protocol aiming to establish a trusted, stable, high speed and open decentralized information ecosystem, has revealed that its VPN (virtual private network) has attained 1 million users across the globe in a matter of just six months.
The VPN had reached its first 100,000 users in May. Tachyon, was co-launched by X-VPN and V Systems after incorporating UDP (user datagram protocol), encryption, DHT (distributed hash table) and blockchain technologies. The project’s white paper was published last year.
Tachyon Protocol is devoted to create next generation TCP/IP that can offer a self-reliant internet framework with top class safety, anonymity and huge network speed. As per the website, Tachyon VPN facilitates users to circumvent internet activity limitations.
It offers several features such as P2P network without centralized nodes, multi-path routing to avoid single-point hacking attempts, covenant simulation to conceal traffic in movement and cost-free unhindered access to Netflix, Facebook Spotify and other platforms.
Tachyon VPN is one of the initiatives under the Tachyon Protocol venture that encompasses applications such as decentralized finance (DeFi), IoT (internet of things) and storage, along with other apps. The objective of Tachyon Protocol venture is to offer a safe and private net connectivity for users.
With a market cap of $23 million, Tachyon Protocol (IPX) is listed as one of the top 100 crypto ventures. IPX, the native crypto of Tachyon Protocol, is premised on v.systems blockchain, with aggregate supply of 1 billion. IPX token is currently listed on exchanges such as Hotbit, Bithumb, HitBTC and OceanEx.