Hop Network is a decentralized VPN (DePIN) project built on the MegaETH Blockchain, allowing users to connect to the Internet securely, privately, and without control from a central entity.
Unlike traditional VPNs, Hop Network routes traffic through independent Nodes, using Smart Contracts on MegaETH and the WireGuard protocol to ensure security and transparency, while leveraging EigenLayer to attract reputable operators.
MAIN CONTENT
Hop Network provides decentralized, highly secure VPN services that do not log user history.
The project operates based on MegaETH, combining Smart Contracts and WireGuard to create fast and transparent connections.
Decentralization, user control, and high performance set Hop Network apart from traditional VPNs.
What is Hop Network?
Hop Network is a DePIN project providing a decentralized VPN on the MegaETH Blockchain, capable of processing over 100,000 transactions/second and latency under a millisecond.
The project routes traffic through many independent operational Nodes (Operator Nodes), eliminating the risks of centralized control, thereby enhancing privacy and security for users. This is a major difference compared to traditional VPNs that are easily monitored.
How does Hop Network differ from traditional VPNs?
Unlike traditional VPNs, Hop Network does not have a central server; instead, it has a distributed Node network that eliminates the possibility of monitoring all user activities.
Traditional VPNs often log or track metadata, while Hop Network absolutely does not store any data, enhancing privacy. This model also better resists censorship and limits single points of failure.
"Centralized VPNs often create a single point of failure. By leveraging blockchain and decentralized mechanisms, Hop Network offers a safer and more sustainable model."
Insights from the DePIN Landscape 2024 report, Messari
What technology does Hop Network use?
The project integrates Smart Contracts on MegaETH to manage and coordinate connections, while applying WireGuard to create effective encrypted tunnels and EigenLayer to attract reliable operational Nodes.
WireGuard is widely regarded by experts as a minimalist, faster, and more secure VPN protocol than OpenVPN. The integration of EigenLayer helps Hop Network establish an operational Node network early on, ensuring stability.
What are the outstanding features of Hop Network?
Hop Network stands out for its decentralization, transparency, high performance, no data storage, and allowing users full control over their Entry Node and Exit Node.
This allows users more flexibility in routing while ensuring that no one can have full control over personal Internet traffic. This is a factor that centralized VPNs find hard to provide.
"The ability for users to fully choose their Entry and Exit Nodes makes Hop Network one of the most transparent and user-friendly VPN platforms."
Sharing from Alex Xu, Founder of DePIN Review, 2024
How does Hop Network operate?
Hop Network operates based on four main components: User Client, Operator Nodes, HopRegistry, and HopRouteCoordinator, working together to ensure a secure connection.
The mechanism includes selecting Nodes, sending security requests, signaling on the blockchain, establishing WireGuard tunnels, maintaining traffic through Nodes, and disconnecting when necessary. Each step is encrypted and verified on MegaETH.
What is User Client?
User Client is the software installed on computers or phones, allowing users to select Nodes, set up, and manage their VPN connections.
It interacts directly with HopRegistry to find Nodes, then coordinates with HopRouteCoordinator to create a secure tunnel via WireGuard.
What role do Operator Nodes play?
Operator Nodes are independent servers operated by individuals or organizations, responsible for receiving and transmitting traffic.
They are divided into Entry Nodes (receiving data from users) and Exit Nodes (sending data to the Internet), helping to separate roles and minimize data linkage risks.
How does HopRegistry work?
HopRegistry is a Smart Contract on MegaETH, acting as a public directory where Nodes register necessary information.
Users can query to select a suitable Node, ensuring transparency and no need to trust an intermediary.
What function does HopRouteCoordinator have?
HopRouteCoordinator is a Smart Contract responsible for signaling the connection between users and Nodes through encrypted messages.
This mechanism ensures that only selected Nodes can decrypt information, while avoiding data leaks to the outside.
"Hop Network is a clear proof that blockchain is not just for finance but can also improve global Internet infrastructure."
Vitalik Buterin, Founder of Ethereum, at the ETHGlobal 2024 conference
Development roadmap of Hop Network
Currently, the project has not disclosed detailed roadmaps, but the direction is to expand the number of Nodes, upgrade performance, and optimize user experience.
According to information from the development team, Hop Network will focus on expanding the Operator Node community and integrating more features to become the leading VPN platform in the DePIN ecosystem.
Who is behind Hop Network?
Core Team, investors, and tokenomics have not been fully disclosed, yet the project has received significant attention from the DePIN community and Blockchain investment funds.
The backing of EigenLayer is a key factor that helps the project attract many operational Nodes right from the early stages.
What potential does Hop Network have in the future?
Hop Network opens a new direction in Internet security, providing a decentralized, transparent, censorship-resistant, and high-performance VPN.
In the context of users increasingly concerned about privacy, Hop Network could become one of the leading decentralized VPN platforms in the Web3 ecosystem.
"Decentralized VPNs are the future of private Internet. Hop Network is one of the few projects with a strong enough technological foundation to realize this."
Chris Dixon, Partner at a16z Crypto, in the Web3 Trends 2024 report
Official information channel of Hop Network
Website: https://hopnetwork.xyz/
X (Twitter): https://x.com/Hop_Network
Frequently asked questions
Does Hop Network keep logs of user access?
No, Hop Network does not log metadata or logs, ensuring maximum privacy.
On which Blockchain is Hop Network built?
The project is developed on MegaETH – a Layer 2 with high throughput and extremely low latency.
How does Hop Network ensure high performance?
Thanks to the processing capability of 100,000 transactions/second of MegaETH and the integration of the modern WireGuard protocol.
Who can operate an Operator Node?
Any individual or organization can operate a Node, as long as they meet basic technical requirements.
How does Hop Network differ from free VPNs?
Free VPNs often log or sell data, while Hop Network is decentralized, transparent, and does not store user data.
Source: https://tintucbitcoin.com/hop-network-la-gi/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news in the cryptocurrency market and not miss any important information!