About NuCypher
NuCypher (NU) is an Ethereum token that can be staked to run a node on the NuCypher network. NuCypher describes itself as a threshold cryptography network that provides data privacy and key management for decentralized applications and protocols.
Get up to $200 for getting started
Market Stats
Market Cap
Not enough data
FDV
$62,960,516.23
Circulating Supply
Not enough data
Max Supply
1,380,688,920 NU
Total Supply
1,380,688,920 NU
Performance
Popularity
#5,599
Dominance
Not enough data
Volume (24H)
$1,332.98
Volume (7D)
$8,654.64
Volume (30D)
$41,370.39
All time high
$2.35
Overall Price Change (1Y)
-0.57%
Additional info about NuCypher
Recent trends
The price of NuCypher has decreased by 1.54% in the last hour and decreased by 1.31% in the past 24 hours. NuCypher’s price has also risen by 10.71% in the past week. The current price is $0.0456 per NU with a 24-hour trading volume of $1.33K. Currently, NuCypher is valued at 98.06% below its all time high of $2.35. This all-time high was the highest price paid for NuCypher since its launch. The current circulating supply of NuCypher is 0 NU which means that NuCypher has as total market cap of $0.00.
Market details
NU vs markets
↘ 62.77%
NU vs BTC
↘ 67.85%
NU vs ETH
↘ 18.51%
Tags
web3
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x4fE83213D56308330EC302a8BD641f1d0113A4Cc |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0456 | ↘ 1.31% |
1 Day | $0.0462 | ↘ 1.31% |
1 Week | $0.0412 | ↗ 10.71% |
1 Month | $0.0529 | ↘ 13.85% |
1 Year | $0.11 | ↘ 57.49% |
FAQ
NuCypher (NU) is a decentralized system that seeks to provide encryption, access control, and key management services. It is designed to facilitate end-to-end encrypted data sharing on public blockchains and decentralized storage solutions. The native tokens of the NuCypher network, NU, are used to incentivize network participants for performing key management services and accessing delegation/revocation operations. NU tokens are also used to operate a NuCypher worker node and participate in the NuCypher DAO, a protocol that controls network parameters and smart contract upgrades.
NuCypher operates using proxy re-encryption (PRE) technology, which allows users to share private data between multiple participants in public consensus networks. This technology aims to enhance the security of NuCypher, which is based on public-key encryption. The network is protected against malicious activities and can automatically reduce a suspected user’s compensation. The cryptographic libraries of NuCypher include pyUmbral, the reference implementation of the Umbral threshold proxy re-encryption scheme; NuBLS, a threshold BLS signature library; and rust-umbral, a Rust implementation of Umbral with bindings to JavaScript and Python.
NuCypher is designed to serve as a privacy layer for other blockchains. It provides a privacy infrastructure for the decentralized web with proxy re-encryption (PRE), threshold signatures (TSS), distributed key generation (DKG), and other threshold cryptography. Users can conditionally grant and revoke access to data with multiple users at a time using the NuCypher network. Its encryption service aims to provide high-level security for sensitive data transfer, combining this with the trustless and censorship-resistant nature of conventional public blockchains.
NuCypher was co-founded by Mikhail Egorov, the founder of Curve, and MacLane Wilkison. The white paper for NuCypher was first published in June 2017, but the testnet did not launch until November 2018. Both Egorov and MacLane participated in the U.S. startup accelerator Y Combinator in the summer of 2016. The private testnet of NuCypher launched in 2018, with participation from major infrastructure providers. The public testnet began in October 2019, and the mainnet launched in October 2020, following the allocation of NU tokens to nodes.
We update our NuCypher to USD currency in real-time. Get the live price of NuCypher on Coinbase.
The current market cap of NuCypher is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of NuCypher is $2.35. This all-time high is highest price paid for NuCypher since it was launched.
Over the last 24 hours, the trading volume of NuCypher is $1.33K.
Assets that have a similar market cap to NuCypher include TOZEX, Lightyears, FinexboxToken, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of NuCypher is 0.
NuCypher ranks 62 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#5944
Contributors
45
Posts
73
% About NuCypher
0%
Hold times
0 days
X (Twitter)
47.09% bullish
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
45 unique individuals are talking about NuCypher and it is ranked #5,944 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, NuCypher has an average sentiment score of 0 out of 5. Finally, NuCypher is becoming less newsworthy, with 0 news articles published about NuCypher.
On Twitter, people are mostly neutral about NuCypher. There were 47.09% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about NuCypher. 52.91% of tweets were neutral about NuCypher. These sentiments are based on 17 tweets.
On Reddit, NuCypher was mentioned in 55 Reddit posts and there were 43 comments about NuCypher. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
NuCypher calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.