NuCypher is one of two founding teams of the Threshold Network (market cap ~$250m), 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 with Keep. TACo is our flagship product – an access control plugin & API, relevant to virtually all Web3 app/stacks that handle private data.
launched on Mainnet in January 2024.
is running on over 125 nodes with ~$60m of collateralized economic security.
has revenue-generating adopting developers with diverse use cases, and major web3 infrastructure partners (Ceramic, Irys, ArFS, Textile, Unlock, others).
unlike competitors, has been fully decentralized from genesis – the very first byte of data was encrypted under a trust-minimized c
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