Nillion (NIL)

What is Nillion?

Built on Cosmos SDK, Nillion is a decentralized network that enables secure computation on private data without the need for decryption, using a method called “blind computation” to ensure enhanced privacy and security. The final goal is to create first of its kind 'Humanity's First Blind Computer'.

Its modular and flexible architecture makes it possible to leverage cutting-edge cryptographic techniques to accomplish this, enabling both more secure versions of existing workflows and unlocking new opportunities. Early builders in the Nillion community are creating tooling for private predictive AI, secure storage and compute solutions for healthcare, storage solutions for secure data such as credentials, and secure workflows for trade data.

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Learn about Nillion

How to stake NIL?

Validator Name: Everstake

Validator Address: nillionvaloper19743p7l66n4pt8vhqsv7x2ageys0ng52ce9jyg

Commission: 20%

NIL Staking Manual

• Deposit NIL First, transfer $NIL to your wallet from an exchange or another address.

• Open the Staking Section Navigate to the Staking, Earn, or Rewards tab — depending on the wallet UI.

• Select a Validator You’ll see a list of validators. Each shows details such as commission rate, uptime, and voting power. → Choose a validator (e.g., Everstake) based on reliability and performance.

• Enter Amount to Stake Specify how much $NIL you want to delegate. Note: Always leave a small amount (≈0.1 NIL) for future transaction fees.

• Confirm Transaction Approve the delegation transaction. The wallet will broadcast it to the NIL network.

• Earn Rewards Once staked, you start earning staking rewards (usually distributed every block).

• Claim Rewards

  • You can claim rewards anytime for spending or restake them to boost earnings.

Where can I stake NIL?

You can choose a crypto wallet convenient for you and use the guide at the link or write to Everstake support and get more detailed information

Wallet Type	Wallet Name
Web	Keplr Leap Wallet Minscan explorer/staking dashboard
Mobile	Keplr Leap Wallet

Staking Details

Term	Description
Block duration	Around 6 seconds
Everstake fee	20%
First reward info	Rewards begin accruing right after your staking transaction is confirmed, distributed with every new block.
Reward frequency	Per block. First rewards: 1st block after stake is active (around 6 seconds).
Min amount to stake	There is no obligatory minimum for commencing staking, but it's recommended to stake a minimum of 0.1 $NIL. However some wallets may set limitations for minimal staking amount.
Unstaking period	14 days. Newly un-delegated tokens are considered “unbonding” and are not able to be withdrawn until unstaked.
Stake activation time	Instantly
Re-delegating activation time	Instantly
Last Reward	Last rewards earned before unstaking transaction.
Everstake's Self-Bond	10 NIL
Active set	42 validators
Slashing	Downtime: If a validator signs less than 70% of blocks within a window of 10,000 blocks, it will be jailed for 1 minute. No rewards are earned during the jail period. Double Signing: If a validator attests to two different blocks, it will be permanently banned from earning rewards. To continue earning, delegators must redelegate to another active validator. If your validator has been slashed or jailed, consider redelegating to Everstake — a trusted validator with a proven zero-slashing record
Stake deactivation time	14 days

Why Everstake?

Everstake is a leading staking service provider, trusted by over 1M users across 80+ blockchain networks. Our extensive involvement extends across various crypto projects, actively supporting the health of the ecosystems we endorse. Throughout our journey, we've upheld an outstanding record in preventing slashing, ensuring uptime, and delivering optimal performance.

Everstake Participation

As an Nillion validator, Everstake contributes to the overall success and growth of the Nillion network from the network's initial launch. Our technical expertise and robust infrastructure help maintain the reliability of the network. We are responsible for keeping systems up and running, which is crucial for the uninterrupted operation of the blockchain and the timely processing of transactions. In recent years, Everstake has become one of the leading validators by stake and the number of staking accounts — a clear sign of users’ trust and growing interest.

FAQ

Nillion Explorers

• Mintscan explorer

• Guru explorer

What is NIL?

NIL is used to pay for network fees for services like blind computation, to secure the network through staking, and for on-chain governance. Users can also access Nillion services, such as encrypted databases and AI technologies, by holding or paying with NIL tokens.

What are the use cases of Nillion?

Nillion supports a wide range of use cases — with even more likely to emerge as the network evolves. Currently, its main focus areas include:

• AI and Machine Learning on Private Data

• Healthcare and Genomics

• Finance and Credit Scoring

• Decentralized Identity and Authentication

• Enterprise Collaboration and Data Sharing

How Everstake deduces validator fee?

“Validator fee” refers to the rewards received by Validator for participating in the Blockchain network Validation process. Everstake determines the validator fee through a process involving analysis and consideration of various factors, such as network requirements, operational costs, and market dynamics.

Control over User's Funds

Validators don't have control over users' funds in blockchain networks. Instead, they validate transactions and participate in the consensus process based on the rules defined by the network protocol. Users retain control over their funds through private keys, which are used to sign transactions and authorize transfers. Validators' roles involve confirming the validity of transactions and blocks, but they don't have the authority to access or manipulate users' funds.

Nillion's Architecture

Nillion’s architecture is composed of several core components:

• Petnet: An orchestration layer that manages the use of various privacy-enhancing technologies (PETs) for applications built on Nillion.

• nilChain: A coordination layer responsible for processing network transactions, staking, and governance.

• Blind Modules: Private computation clusters that execute blind computations on encrypted data.

The network integrates multiple PETs, including:

• Multi-Party Computation (MPC): Enables multiple parties to jointly compute a function over their inputs while keeping those inputs private.

• Fully Homomorphic Encryption (FHE): Allows computations to be performed directly on encrypted data without the need for decryption.

• Zero-Knowledge Proofs (ZKPs): Let one party prove the validity of a statement to another without revealing any additional information.