NuCypher NU

NuCypher is a decentralized threshold cryptography network. It is designed to provide privacy and security for decentralized applications (dApps) and protocols. The network uses a combination of proxy re-encryption and access control technologies to allow data to be securely shared and accessed by authorized parties. NuCypher aims to provide a scalable and efficient solution for data privacy in the decentralized ecosystem.

NuCypher is unique compared to other cryptocurrencies because it is a decentralized threshold cryptography network. It enables end-to-end encrypted data sharing and communication without the need to trust a centralized authority. This means that users can securely share and access data without relying on a single point of control. Additionally, NuCypher has merged with the Keep protocol to form the Threshold Network, further enhancing its capabilities.