Question 1

What is Keep Network (KEEP)?

Accepted Answer

Keep Network (KEEP) is a privacy-focused protocol designed to facilitate the secure storage and encryption of data on public blockchains. The primary feature of the Keep Network is its off-chain containers known as "keeps," which allow for the private storage and computation of data, providing a secure way to manage private information without exposing it on the blockchain. The network aims to bridge the gap between public blockchains and private data by leveraging these off-chain keeps.

Question 2

What is Keep Network (KEEP) used for?

Accepted Answer

Keep Network is utilised primarily for enhancing privacy and security in blockchain applications. Its most notable application is the tBTC project, which provides a trustless, permissionless bridge between Bitcoin and Ethereum, allowing Bitcoin holders to participate in Ethereum’s decentralised finance (DeFi) ecosystem. By using keeps, tBTC ensures the secure custody of Bitcoin while representing it as an ERC-20 token on the Ethereum blockchain. This integration enables the use of Bitcoin in smart contracts, DeFi platforms, and other Ethereum-based applications without compromising privacy or security.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	KEEP-USD KEEPUSD	kraken	AA	0.02304USD	-1.29%	40,699.71KEEP	25	0.02334USD	0.02769USD
2	KEEP-BRL KEEP-BRL	mercadobtc	C	0.07510BRL	0.00%	0KEEP	0	0.07510BRL	0.07510BRL