Nillion Unveils Decentralized Privacy Compute Network Under Leadership of Ex-Algorand CTO
John Woods, former Chief Technology Officer of the Algorand Foundation and Chief Architect at IOHK (Cardano), is spearheading the development of Nillion's 'Blind Computer' – a decentralized privacy compute network positioned as foundational infrastructure for private data processing. The project represents one of Web3's most advanced attempts to reconcile cryptographic security with verifiable computation at scale.
Nillion's architecture employs layered decentralization, transitioning from a company-operated model to a permissionless network featuring node operators, attestation checkers, and a cryptoeconomic system powered by its native token $NIL. This design mirrors the trajectory of early-stage blockchain protocols that successfully evolved into robust decentralized ecosystems.
