NU

NuCypherNU

Rank #252
Token
On 3,146 watchlists

Presyo ng NuCypher (NU)

$0.2180
4.96%

0.000005923 BTC

0.0001723 ETH

Mababa:$0.1947
Mataas:$0.2388
24h
NU  NuCypher NUPrice: $0.2180 4.96%
Market Cap
$85,603,788
4.96%
Fully Diluted Market Cap
$846,859,598
4.96%
Dami
24h
$32,524,709
20.77%
Umiikot na Supply
392,750,000 NU
10%
Sagad na Supply
3,885,390,082

NuCypher Chart

 

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Tungkol sa NuCypher

What Is NuCypher (NU)?

NuCypher is a decentralized threshold cryptography platform that provides data privacy, access control, and other cryptographic services to decentralized applications and protocols. The network currently supports threshold proxy re-encryption and is extensible to other threshold cryptography primitives like threshold signatures (TSS), distributed key generation (DKG), Shamir’s secret sharing (SSS), and proxy re-signing (PRS).

NuCypher is a layer 2 resource allocation protocol on Ethereum that uses a Proof-of-Stake (PoS) mechanism to coordinate worker nodes.

NU is used for:

  • Staking to run a NuCypher worker node. Proper behavior is ensured via staking, with malicious nodes subject to slashing penalties.
  • Participating in the NuCypher DAO, which controls network parameters and smart contract upgrades. Users that are staking NU can validate DAO proposals.

NuCypher’s cryptographic libraries can be found on the project’s GitHub and include:

  • pyUmbral, the reference implementation of the Umbral threshold proxy re-encryption scheme
  • NuBLS, a threshold BLS signature library
  • rust-umbral, a Rust implementation of Umbral with bindings to JavaScript and Python

What is the circulating supply of NU?

NuCypher’s mainnet launch was on October 15, 2020 with a total supply of 1 billion NU, the majority of which is locked according to this release schedule. There is a max supply of ~3.89 billion NU, ~2.89 billion of which is released as inflation rewards to Stakers according to the staking economics paper.

What is the history of NuCypher?

NuCypher was created by Mikhail Egorov (the founder of Curve) and MacLane Wilkison.

The two participated in the U.S. startup accelerator Y Combinator in summer 2016 and published the initial NuCypher whitepaper in 2017.

A private testnet was launched in 2018 with participation from major staking infrastructure providers like Bison Trails, Figment, InfStones, and Staked.us. The public testnet began in 2019, with an incentivized testnet in early 2020.

The network launched via the WorkLock, a novel node distribution mechanism, in wich >2,000 node operators stake 353,913 ETH in order to run NuCypher nodes.

Where can I buy NU?

NU is available for trading on Uniswap and Coinbase Pro.

New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.

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NU

NuCypher

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USD

United States Dollar

NU Price Statistics

NuCypher Price Today
Presyo ng NuCypher$0.2180
Price Change24h$0.01082

4.96%

24h Low / 24h High
$0.1947 /
$0.2388
Trading Volume24h$32,524,709.44

20.77%

Market Dominance0.01%
Ranggo sa Merkado#252
NuCypher Market Cap
Market Cap$85,603,787.54

4.96%

Fully Diluted Market Cap$846,859,597.94

4.96%

NuCypher Price Yesterday
Yesterday's Low / High
$0.1947 /
$0.2388
Pagbubukas / Pagsasara Kahapon
$0.2090 /
$0.2226
Pagbabago Kahapon

6.5%

Dami Kahapon$34,967,273.54
NuCypher Price History
7d Low / 7d High
$0.1688 /
$0.2388
30d Low / 30d High
$0.1497 /
$0.2611
90d Low / 90d High
$0.06110 /
$0.3514
52 Week Low / 52 Week High
$0.06110 /
$0.3514
Pinakamataas
Dec 05, 2020 (a month ago)
$0.3514

37.98%

Pinakamababa
Nov 27, 2020 (2 months ago)
$0.06110

256.73%

ROI ng NuCypher
Walang Datos
NuCypher Supply
Umiikot na Supply392,750,000 NU
Kabuuang Supply1,079,028,745 NU
Sagad na Supply3,885,390,082 NU

NuCypher Mga Market

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