What is NuCypher (NU)?

NuCypher (NU) is a cryptocurrency and decentralised encryption service. It provides cryptographic infrastructure for privacy-preserving applications, enabling developers to secure data and manage access to information on public blockchains. The NuCypher network uses proxy re-encryption technology, which allows encrypted data to be shared securely between parties without revealing the original decryption key.

What is NuCypher (NU) used for?

NuCypher (NU) is used for several key purposes: * **Data Encryption and Access Control:** NuCypher offers end-to-end encrypted data sharing, allowing users to grant and revoke access to data securely. * **Decentralised Applications (dApps):** Developers can use NuCypher to build privacy-preserving decentralised applications that require secure data exchange. * **Proxy Re-encryption:** This technology enables encrypted data to be re-encrypted by a proxy server, allowing it to be shared with another party without exposing the original decryption key. * **Key Management:** NuCypher's protocol supports the secure management and distribution of cryptographic keys. * **Staking and Incentives:** NU tokens are used within the network for staking, where participants can earn rewards by providing encryption services and maintaining the network.

Who created NuCypher (NU)?

NuCypher was co-founded by MacLane Wilkison and Mikhail Egorov.

NuCypher (NU) Mercados

#	Instrumento	Bolsa	Pontuação de Referência	Preço	Variação 24h	Volume 24h	Negociações 24h	Abertura 24h	Máxima 24h
1	NU-USDT NUUSDT	latoken	D	0.01220USDT	0,00%	0NU	0	0.01220USDT	0.01220USDT