The A to Z of mixnets, privacy, and Nym token economics.

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Nym Glossary | Next generation of privacy infrastructure

A unique string of characters generated from a client keypair. Used to identify clients in the mixnet.

Address

Short for “acknowledgement”. Whenever a hop is completed, the recieving node will send back an ‘ack’,  so that the sending node knows that the packet was recieved.

A person or entity who attempts to gain unauthorised access to a computer system, network, or other information resource.

Attacker

Is a type of computer file that contains machine code, which is a set of instructions that a computer can execute directly. The file consists of a series of 1s and 0s, which are the two digits used in the binary number system.

Binary

A distributed database that maintains a continuously growing list of ordered records, called blocks.

Blockchain

A distributed cryptographic signing scheme providing a high degree of privacy for its users.

Coconut

A command-line interface (CLI) is a text-based user interface (UI) used to run programs, manage computer files and interact with the computer.

Unique values that prove the legitimacy of a user or individual.

Credentials

Refers to the concentration of control of an activity or organisation under a single authority, or small group of authorities.

Centralisation

Cosmos WebAssembly is a WebAssembly (Wasm) interpreter that is used in the Cosmos SDK, a framework for building decentralised applications (dApps) on the Cosmos network. It allows us to write smart contracts in Rust and then compile them to webassembly to be uploaded on the blockchain.

CosmWasm

Stands for Decentralised Autonomous Organisation. A type of organisation made up of smart contracts on a blockchain. It operates on a set of rules encoded in a computer program, and is governed by the people who use it, rather than by a central authority.

Similar to bonding but by non-operators and as proof of their trust in a node operator providing a good quality of service.

Delegating NYM

Refers to the transfer of control and decision-making from a centralised entity (individual, organization, or group thereof) to a distributed network.

Decentralisation

Encryption

The entrance to the mixnet that encrypted packets must pass through before being forwarded to mix nodes. They also act as a sort of mailbox for messages.

Gateways

The action of node operators to bond their stake (in the form of NYM tokens) to a Gateway in order to join the network topology and begin routing traffic through.

Gateway Bonding

Stands for InterPlanetary File System. It’s a decentralised, peer-to-peer protocol for sharing and storing files. It is designed to make it easier to share and access large amounts of data in a distributed manner, without the need for a central server or authority

IPFS

A set of data that describes and gives information about other data such as IP addresses, device types, geolocations etc.

Metadata

A routing protocol which encrypts and mixes Sphinx packet traffic so that it cannot be determined who is communicating with whom.

Mixnet

The backbone of the Nym infrastructure, that are organised in a three-layer network referred to as the mixnet that network traffic passes through. It mixes, hides and reorders traffic and are rewarded in NYM tokens for their quality of service.

Mix Nodes

The action of node operators bonding their stake (in the form of NYM tokens) to a Mix node in order to join the network topology and begin routing traffic through.

Mix node Bonding

Is a binary that can be ran alongside a Nym Client on a VPS, which allows for private network requests to be made outside the mixnet from you local Nym client

Network Requester

A Typescript software development kit which allows developers to build browser-based Mixnet application.

Nym Typescript SDK

The Nym Wallet handles all things regarding handling Nym Tokens about your Nym Node. It is a GUI application that can be downloaded and run on your machine.

Nym Wallet

Nym Technologies SA

A CosmWasm-enabled blockchain smart contracts platform that functions as the backbone of the Nym network, used to keep track and provide the history of the NYM token’s transactions.

The carrying capacity of a packet or other transmission data unit.

Payload

The number of tokens that are put up by node operators on their nodes as their commitment to provide good quality of service and insure against future bad behaviour.

Pledge

A large numerical value that is used to decrypt data.

Private Key

The reward of NYM tokens is based on the good quality of service carried out by node operators.

Proof-of-Mixing

Stands for Proof of Concept. It’s a demonstration that a proposed product, system, or service can be built and will work as intended. It is a way of testing whether an idea is feasible and likely to succeed.

A large numerical value that is used to encrypt data.

Public Key

A cryptographic message format used to relay anonymised messages within the mixnet, also used by the Lightning Network or something similar.

Sphinx

An proxy protocol that exchanges network packets between a client and server through a proxy server.



Socks5

Any type of app that can communicate with the mixnet via a Nym Client.

Service Provider

Stands for ‘Single Use Reply Blocks’. They are a type of crytographic construct used to facilitate secure communication between parties and are designed to allow a sender to send a message to a recipient in sucha a way that the message can only be read by the intended recipient, and cannot be read by anyone else.

SURBs

In the context of computer networks, a Sybil attach is a type of security attack in which an attacker creates multiple fake identities or “sybils” and uses them to manipulate a network thus gaining control of a network by overwhelming it.

Sybil

Is the study of the economic and financial aspects of a cryptocurrency or blockchain-based project. It involves the creation, distribution, and management of tokens, which are digital assets that represent a certain value of utility whithin a particular ecosystem.

Tokenomics

Secures the Nyx blockchain with a staking token, defending the network from attacks.

Validators

Stands for Virtual Private Server. Its a virtual machine that acts as an isolated virtual environment on a physical server operated by a cloud, web or internet hosting provider.

A computer communications protocol that provides a full-duplex channel over a single TCP connection. It is designed to be used as a base for real-time, two-way communication between a client and a server over the web.

Websocket

Cryptographic techniques that make it possible to prove something to be true without having to reveal the evidence.

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