Most people think metadata is something you only have to worry about if you are running an SEO campaign. However, most people do not realize that every task you perform creates metadata that contains every piece of information about the task you just performed. Even if you click a picture, the photo will have a metadata file that will contain all your personal information such as your location, device information, date and time information, etc.
Someone can misuse this information in more ways than you might realize. Therefore, only protecting your data is not enough if you want to stay completely secure. You have to protect your metadata as well. Here are a few reasons why protecting your metadata privacy will make you completely protected.
- The most important step of ensuring your privacy is encrypting the information you are transferring, and you can do that by protecting your metadata.
- Metadata privacy secures not only the information you are sending but also the information of the sender.
- As metadata files contain information about the sender, it also includes information on the receiver. By ensuring the privacy of metadata, you can ensure the privacy of the receiver as well.
Whatever you do online, sending & receiving any data, HOPR provides the tools and framework for a privacy-first layer zero of the Web3 ecosystem, ensuring everyone has control of their privacy, data, and crypto assets.
Why is the DeFi world waiting for HOPR?
HOPR provides complete network-level metadata privacy, which is extremely important in the digital age. Metadata is one of the crucial yet elementary parts of totally anonymous financial transactions. In the Decentralized Finance space, all the transactions take place over the internet. While the platforms encrypt these transactions, they can create caches and metadata that contains detailed information about the transactions.
HOPR understands the importance of total metadata privacy and provides complete network-level metadata privacy. The HOPR networks transfer all the data via multiple “hops” to eliminate any prying eyes and encrypt the transaction in the process. This way, the metadata is hidden that helps in masking the origin and destination, as well as size, sender & recipient of the data transaction.
Another advantage of using the HOPR network is its custom-made second-layer scaling based on probabilistic payments that immediately give a value to the HOPR token. This helps in avoiding high transaction fees on the blockchain.
The outstandingly strong & huge community of HOPR and what this means?
HOPR rewards its community members for helping others to transfer data private & secure. This decentralized network, which in testnets already had up to 3’000 nodes running, has a unique proof-of-relay mechanism that rewards every node runner with HOPR tokens. The platform incentivizes the community members to run HOPR nodes in exchange for HOPR tokens while contributing to online data privacy.
HOPR is launching the HOPR tokens in a matter of a week, and there is an exciting buzz going around the community. Even before the token launch, more than 20’000 members have already subscribed to TG channels in 11 different languages.
HOPR has always prioritized its community members by rewarding their efforts on several HOPR testnets.
The token launch comes after a first-of-its-kind DAO (decentralized autonomous organization) experiment. The timings and logistics of the token launch were decided by the HOPR Genesis DAO, a community of more than 3,000 HOPR testnet participants, independent of the project team itself.
More than 1,500 votes were cast on the final proposal that is an unprecedented level of turnout in the DeFi space. The DAO voted for a community presale, followed by a public distribution on the decentralized finance platforms Balancer.finance and Uniswap.exchange that are two popular DeFi tools for providing decentralized liquidity. In total, 85m HOPR tokens will be distributed.
The high involvement of the core community shows passion and great interest in the meaning of the project. Therefore, long-term growth can be expected for the project. By incentivizing the collective efforts of their community members, HOPR shows endless gratitude and appreciation towards them.
Why is Meta Data Privacy the next big thing?
The exponential global data traffic growth has led to an increase in security risk, due to the many webpages grabbing all kinds of data to find the right clients, grow and serve customers with matching desires. What sounds like a great customer serving is at the same time a big risk, as everybody might be influenced, based on the profile of others.
Data privacy is just not enough. HOPR is about to revolutionize how we will send data in the future. Similar to TOR but incentivized so that everybody can earn a token when supporting the HOPR network. Every community member that runs a HOPR node will be rewarded for their efforts and contribution to digital privacy.
The company even offers a dedicated HOPR hardware node in order to relay more data and earn more tokens. Anyone can easily run the HOPR node on their own hardware by using HOPR’s easy-to-install software. And it is open-source, so the installation is totally free. You only pay when you use it with HOPR token. These HOPR tokens will be given to the HOPR Node runners, as they will send your data, in a private & secure manner.
With ever-increasing security risks, we have to ensure our digital privacy is as good as possible. We have been focusing on securing the data, but metadata privacy is the next level important if not a larger security concern. As metadata contains information about the data, sender, and receiver, it is vital to keep it secure from any vulnerabilities.
Just 1 funny example so you understand the difference between data privacy & metadata privacy:
Here you see:
Sender / receiver / weight of the item / time sent / and the form
If this would be split into all equally looking HOPR balls – and they all would be sent through different delivery channels … the data & the metadata would be protected.
Image by ElasticComputeFarm from Pixabay
by Guest Author on February 22, 2021 at 10:49PM
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