ATOR Protocol incentivizes The Onion Router (Tor). It integrates on-chain incentives and offers products to promote the adoption of secure network relay protocols. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (ATOR/USDT – Trade it here) on our Innovation Zone! Check it out now!
What Exactly is ATOR Protocol?
ATOR Protocol aims to enhance the Tor network by introducing a unique incentivization mechanism through the blockchain and ATOR cryptocurrency. This recognition system will reward Tor contributors in an anonymous and fair manner. Meanwhile, it will more relays to support mainstream adoption. The protocol plans to achieve this by incentivizing existing relays and introducing new ones through hardware offerings.
ATOR Protocol is currently in its initial development stage, focusing on two primary objectives. Firstly, it aims to establish ATOR-specific hidden services that will be exchanged for ATOR to fund the ongoing recognition rewards. Secondly, ATOR intends to create additional hardware utilizing LoRa. It will enable users to route their requests through an independent network. However, ATOR’s approach is evolutionary rather than revolutionary, adding value at every stage and enhancing existing protocols for maximum impact.
Problem with The Onion Router (TOR)
In today’s era of widespread data collection, censorship, and profit-driven internet usage tracking, privacy and freedom have become increasingly scarce. It has become evident that relying on protocols designed and administered by large corporations, which prioritize profit over privacy, will not lead to the achievement of privacy goals.
The Onion Router, or Tor, was established in September 2002 as a means to obscure the origin of web-traffic packets and requests. However, it is plagued by a fundamental issue: ISPs can still identify when a user is running Tor, as well as the frequency and timing of requests made through it. Additionally, ISPs have the power to block data, rendering all censorship-resistant solutions futile.
As long as open privacy protocols operate within the existing internet framework, they cannot achieve true privacy or censorship resistance. Despite Tor’s success over the past 20 years, its decentralized nature does not provide the incentives necessary to support a network capable of handling all internet traffic.
ATOR Protocol as a Solution to TOR
ATOR’s goal is to enhance the Tor network’s capacity by increasing the number of operational relays. By implementing a Proof-of-Uptime mechanism, relays, including those powered by ATOR hardware, can earn ATOR tokens for encrypting and transmitting packets. Additionally, the relay registration process is designed to ensure anonymity through delegation, which eliminates the need for gas and prevents IP exposure. The aim is to establish end-to-end privacy for users of the Tor network.
Roadmap of ATOR Protocol
In Phase 1, they plan to launch an ERC20 token to raise funds and incentivize initial Tor nodes. Furthermore, they plan to release open-source code and instructional architecture for users to build their own Tor Routers. In Phase 2, ATOR Protocol will release a dashboard to onboard existing Tor nodes into the ATOR incentive system and redistribute weekly vested token emissions to registered nodes through Proof-of-Uptime. Regarding phase 3, they plan to release their own router and relay hardware and transition to longer-term token incentives through their own dedicated reward-variation algorithm or blockchain. In Phase 4, they aim to release prototypes for LoRa routers to create a completely independent internet.
Tokenomics of ATOR Token
The maximum total supply of ATOR tokens is 100,000,000. The vesting period for 20% of the token supply is two years, and the weekly emissions are split equally between the team and relay rewards. The team uses the allocated funds for outreach activities while the other half is given as incentives to registered Tor relays.
In addition, the contract reserves 25% of the token supply to facilitate the post-launch taxation scheme. This scheme does not affect end-users such as buyers and sellers on the automated market maker as they are not subjected to any taxes. However, the contract still sells tokens based on a hypothetical sell tax to enable further fundraising for the project without affecting the trading volume.
Where to buy ATOR Token
You can find ATOR Tokens here at MEXC! We are listing ATOR/USDT in our Innovation Zone!
What is the Price of ATOR Tokens?
ATOR token is coming to MEXC soon! You can check the live price of their token right here!
How to buy ATOR Tokens on MEXC
You can buy ATOR Tokens on MEXC by following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “ATOR” using the search bar to see the available trading pairs. Take ATOR/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of ATOR you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy ATOR] to confirm your order. You will find the purchased ATOR in your Spot Wallet.
You can find a detailed guide on how to buy ATOR Tokens here.
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