NuCypher (aka Threshold Network)
ActiveNetwork for decentralized threshold cryptography and end-to-end…
About
NuCypher is one of two founding teams of the Threshold Network, which hosts tBTC, TACo, Random Beacon & tUSD. Since 2017, NuCypher has pioneered cryptographic primitives for end-to-end encrypted data sharing, including Proxy Re-Encryption and Threshold Access Control (TACo), novel cryptoeconomic mechanisms (e.g. Stable Yield). and original network/governance architectures (including a historic on-chain merger). TACo, our flagship product, is running on over 120 nodes with ~$80m of associated economic security, has paying adopting developers and major infrastructure partners (Ceramic, Irys, Textile, Unlock), and has been decentralized from genesis (mainnet launch in Jan 2024).
Founders · 1
Launch
Meet tBTC, a decentralized, permissionless, scalable BTC bridge to DeFi
tBTC is a decentralized, trust-minimized BTC bridge that mint tBTC by depositing BTC with the Threshold Network, enabling BTC to be used permissionlessly in Ethereum DeFi for activities like lending, borrowing, and liquidity provisioning. It targets BTC holders and DeFi users seeking a non-custodial, centralized-bridge alternative.
From the original launch (Jan 2023) — may be outdated.
Formerly “ZeroDB”, “NuCypher”, “Threshold”
Related startups
Enterprise Threat Detection: Tuning, Triage, and Analysis by Experts.
Recover revenue lost to ad blockers
