About NuCypher

NuCypher is a cryptographic infrastructure designed to protect the privacy of applications within the blockchain ecosystem. Founded in 2015, the project shifted focus to blockchain and smart contract technology in 2017. Developers can utilize NuCypher to handle private data, facilitate secure storage, and enable confidential information sharing. The protocol adds an additional layer to blockchains, allowing developers to incorporate privacy features into their applications, including secrets management and dynamic access control. The platform’s native token is NU, with a total supply of 3,885,390,082 coins. NuCypher’s core technologies include Umbral, an encryption scheme, and Ursula, a decentralized node network. Umbral ensures user privacy by enabling secure data sharing, where data own...