/biz/ - Business & Finance

>he's cares about the tech and fundamentals
ngmi

right now if you want to have information released on a conditional basis (like paying something or uploading required docs) you have to go through a centralized provider here they can see your sensitive information

NU allows a dece third party to act as the intermediary without ever actually seeing the info.

can't really break it down or make it more digestible than this

>>28841496
where can I find more info about the tokenomics and team? wtf. literally nobody has an answer to this

>>28841496
nice, excellent explanation, anon... mind getting into some of the commercial applications?

>>28841602

team https://www.nucypher.com/about-us

release schedule https://www.nucypher.com/nu-release-schedule.pdf

most of the tokens are used for staking so it's similar to GRT in that sense

>>28841603
health care something that it's currently being used for based on an interview with their ceo. any sort of confidential information you don't want to release until a "condition" happens so it's a pretty broad application.

to add to OP: why is decentralisation needed for proxy re-encryption?

>>28841602
https://www.nucypher.com/network
>>28841496
thank you

https://www.nucypher.com/static/whitepapers/english.pdf
whitepaper link is broken..?

>>28841848

https://github.com/nucypher/whitepaper/blob/master/whitepaper.pdf

alright now dyor

>>28841899
>https://github.com/nucypher/whitepaper/blob/master/whitepaper.pdf
thanks

>>28841848
Yeah, I noticed that too. Here's the github link: https://github.com/nucypher/whitepaper/blob/master/whitepaper.pdf

Or, if you'd prefer, docs.nucypher.com, which links to their white papers.

>>28841776
thanks again

>>28840301
Sir, this is a casino

>>28841496
this is just what is functional today.
NuCypher has plans to do FHE. Contract privacy for ethereum.
No one does this shit on eth cause it would be retarded to post your genome or taxes or anything to the blockchain. everyone can see that shit and its there forever.
imagine if eth were unlocked 1000x capacity since private/personal data could be processed.
its the missing piece with eth, link, grt.
distributed network, data providers, search, all that is needed is a privacy model.
their system is even on wikipedia beating all the other crap homomorphic systems.
its over they just need money and time.

>>28842172


thank you anon i wasn't aware of that, just the general overview and that's incredibly promising but this takes it to another level. im taking out more loans and buying

>try reading wp
>first page
>don't understand a word
am i retarded or this some seriously big brained stuff

>>28842239
should I just take your word for it and put half my pf in this right now? I've been getting sick of being on biz day and night so I wanted to split my 10k into 2 coins and just forget it about it until I either lose everything or make some gains. I put half in UNN and the other half been considering this and ROSE

>>28842427

anon if youre taking advice from random internet strangers without reading into it or understanding the functionalities yngmi. i and a few others think this is pretty cool tech but ultimately the choice is yours.


https://www.youtube.com/watch?v=yVrAw66OoGE&

go to 8:50 on this video to get a feel of what it is and see if you like the company leadership then make your choice on that

>>28842575
>glownigger detected
>engage protocol 2c

>>28843314

yngmi and you will fomo in when it x2's within the month

Nucypher sounds like the next mcafee

>>28843443
Ok. It's possible I'm listening.
On the off-hand chance that is true wadda ya godda say bout dis?

>>28843646


anon there is no non decentralized security service at the moment if u cant understand that then i aint got nothin to say about nothin

>>28841496
>right now if you want to have information released on a conditional basis (like paying something or uploading required docs) you have to go through a centralized provider
Brainlet here. How is that actually different form a basic smart contract which is executed when certain conditions are met?

>>28843902
anon, I know. I am just having some drunken fun.
I would feel bad for those who won't make any money off of this wonderful investment.
I would feel bad if I had the time to spare making money from this lil mudda fucka.

>>28844405

where you storing your information? on the dapp? that means they can see it before it's executed

>>28844555
trips of drunk

this board is delicious when drunk but alas i must return to being a wagie until my plays start to fucking go up good time to buy in

>>28844640
Could the information hypothetically be stored on the dapp in an encrypted from? I guess it would be expensive to hold the info on chain, at least with the current state of ETH.

>>28844640
Sleep well my fren.
Every day from here on out is a day closer to victory. And don't you forget it.

>>28844779

yeah but at that point it's not really decentralized is it? the point is to not let anyone see it and have a the intermediary hold the info (without them seeing it) until the triggers are met. all info held on the chain would be public and subject to a simple query so that wouldn't be a good idea.

Once I figured out what nu does and their objectives.. haven't thought once to sell. This is giving me comfy grt vibes.

>>28841602
so far the token is only a reward for node operators. not useful for anything. yw

Can something like twitter be made on this thing?

>>28845284
You know... something like this latest pump n dump.
>>28826360

>>28841781

Why do anything decentralized?