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/biz/ - Business & Finance


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File: 3.00 MB, 2000x1125, nucypherbriefoverview.png [View same] [iqdb] [saucenao] [google]
28642488 No.28642488 [Reply] [Original]

NuCypher is a decentralized secret management network where a group of nodes (workers) perform proxy re-encryption to manage permissions on encrypted data instead of a centralized server. It allows safe data exchange without ability for proxies to learn the plain text info.

8:47 for some of the concepts behind the project
https://www.youtube.com/watch?v=yVrAw66OoGE

>> No.28642609

>>28642488
I lost all my money on this you piece of shit. Can’t even ask my parents because this month is mom and my sisters birthdays. Fuck you.
IM GOING TO BE SLEEPING ON THE STREETS NEXT MONTH YOU STUPID FUCK

>> No.28642714
File: 89 KB, 1117x663, taketheNUpill.jpg [View same] [iqdb] [saucenao] [google]
28642714

>>28642609
bruhh are you ok?

>> No.28642736

>>28642488
not buying this coin bc the devs are pedos, many people are saying this.

>> No.28642817

>>28642488
I think it will pump hard soon bout a few stacks

>> No.28642852

>>28642714
No I spent $600 on it at .85

>> No.28642990

>>28642852
it will hit $1 Monday fren just hold

>> No.28643087
File: 531 KB, 597x596, NU-TangClan.png [View same] [iqdb] [saucenao] [google]
28643087

>>28642609
>cant handle the 36 chambers of pumps
ngmi anon

>> No.28643226

>>28642609
ngmi

>> No.28643403
File: 73 KB, 200x193, 51e.gif [View same] [iqdb] [saucenao] [google]
28643403

>>28642488
fine i'm in just bought a cool 350 Nu's here. What's up my Nu-ggas

>> No.28643773
File: 5 KB, 1052x143, stacks.png [View same] [iqdb] [saucenao] [google]
28643773

I'm ready niggers lets go

>> No.28643826

>>28643773
You did good anon i think you will make it.

>> No.28644095

>>28642488
Checked. They have zero PR and branding or I think the token would do better.

>> No.28644200
File: 9 KB, 400x400, nJOciwAQ_400x400.jpg [View same] [iqdb] [saucenao] [google]
28644200

>>28644095

Wait until the binance listing

>> No.28644320
File: 1.54 MB, 1536x2048, nucypherisbestcypher.png [View same] [iqdb] [saucenao] [google]
28644320

>>28644095
If they cant do it, I will.

>> No.28644369

>>28643826
We are, let him in.

>> No.28644378

>>28644200
When is that

>> No.28644647
File: 76 KB, 768x403, NuCypher-ICO-Review-NKMS-Token-Analysis-and-Report-by-Crypto-Briefing-768x403.jpg [View same] [iqdb] [saucenao] [google]
28644647

>> No.28644755

>>28642488
Some info on fully homomorphic encryption and other related concepts to the product
https://www.youtube.com/watch?v=a5Ztcx9Yv78

>> No.28644889
File: 186 KB, 366x270, bustingthatglasscieling.png [View same] [iqdb] [saucenao] [google]
28644889

>> No.28645014

>>28643403
woke up in that new nu-gatti

>> No.28645183
File: 10 KB, 480x360, hqdefault.jpg [View same] [iqdb] [saucenao] [google]
28645183

>>28643087
>>28643403
>>28645014

Dat Nu Nu

>> No.28645567
File: 12 KB, 225x225, allo.jpg [View same] [iqdb] [saucenao] [google]
28645567

>bought 2k NU
>at 19 (nineteen) cents
feels good man

>> No.28645674

this token will be critical going forward but god damn no one knows about it and it isn't branded. most of their current projects are with HEALTH CARE massive fucking industry

>> No.28645801

>>28642609
Shut the fuck up retard. Nucypher has only gone up under 1 month.

>> No.28645844

Bought my first 1.4k at 0.28c. Added 600 more at 80c to make it an even 2k. Should be fun to see where it goes.

>> No.28646132

>>28642488
What does their token actually do?

>> No.28646275

>>28646132
Watch the vid in the op

>> No.28646547

>>28646275
23:30 for those interested

>> No.28647143

>>28644755
Fuck, miss read the encryption earlier, thought I got to bang dudes to send medical records or something , no homoerotic encryption no deal, sold my stack

>> No.28647387

>>28642736
arn't we all

>> No.28647558

>>28643826
thanks fren

>> No.28647995
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28647995

>> No.28648088

>>28642852
Kekkkk I got in at 9 cents xdeeee

>> No.28648258

>>28648088
wow epic
im sure no one on biz has ever gotten in on something early

>> No.28648455
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28648455

>> No.28649089

>>28648258
have you ever been happy for anyone anon, or have you always been a sociopathic little faggot?

>> No.28650044

>>28644095
Coinbase is shilling them with their learn and earn shit

>> No.28650072

>>28642488
>.79 usd
It's on the move

>> No.28650210

All I have to do is edit weeb photos for coins and retards will insta-buy KEK

>> No.28650256

61k stack with average cost of $0.19

let's ride this to the moon boys

unironically 10x EOM

>> No.28650287

>>28650044
Yeah, coinbase did have them on their earn rewards list. I mean the the initiators of the project themselves. No good PR or branding.

>> No.28650323
File: 568 KB, 200x150, 200w.gif [View same] [iqdb] [saucenao] [google]
28650323

>>28650210

I've collected so many great Nu memes in this thread. Thanks NuBros

>> No.28650359

>>28650256
BASED

>> No.28650416

>>28650256

Based. Only a 4k stacklet

>> No.28650505

>>28642488
>tfw got in late despite shilling this since 0.22

what are you guys expecting EOM, EOY?

>> No.28650630
File: 365 KB, 828x1246, 66C4DEE7-22A0-4B2E-B039-63C4A1C90857.jpg [View same] [iqdb] [saucenao] [google]
28650630

>>28648258
UNI, NU, & GRT

>> No.28650637

>>28642488
>>28644200
>>28644755
>>28645844
>>28648088
>>28648455
>>28650044

Not to mention we are blessed by digits.

>>28644369
Nice!

>> No.28650898

moving up on uuuuup...

>> No.28651812

>>28642488
>.822 USD
Here we go

>> No.28652418

>>28642488
dat pump!

>> No.28653078

>tfw only 320 NU @ .77
Im ngmi

>> No.28653179

>>28644200
This and rubic and ASKO and PLT and Peerex... They're all gonna get listed on binance. One more week. Lol.

>> No.28653631

>>28642488
Based nufriends. WAGMI. Binance really is gonna shoot this to the moon.

>> No.28653956

You put an anime girl on it and it was cheap on Coinbase. Fuck it, I got a poorfag stack

>> No.28654125

>>28642852
put in this exact amount at that exact price
but leaf dollars so no buying power

>> No.28654140
File: 24 KB, 478x779, 1612173525046.jpg [View same] [iqdb] [saucenao] [google]
28654140

>>28653956
based

>> No.28654206

>>28650044
they did that to Graph and look where we are now
I actually took out some graph to buy Nu because it's probably going to move quicker. Graph is my longer term hodl though.

>> No.28654340

>>28643403
i upped the ante, traded in 60 linkies and almost have 3k now. Feelin brand Nu

https://www.youtube.com/watch?v=JizfWrjnzow

>> No.28654348

>>28646132
shut the fuck UP you faggot mouthbreathing imbecile. the 'token' itself is used for something similar to staking - but the actual technology behind nucypher is going to be used for data privacy by giving users the ability to re-encrypt cipher texts and grant permissions to those ciphertext to unknown parties. their technology is legitimately one of the coolest things ever put on the ethereum blockchain but you filthy dirty losers keep talking about the fucking token itself like wtf

>> No.28654440

>>28654348
the token going up in value is the entire point for majority of /biz/

>> No.28654627
File: 151 KB, 524x514, Artboard.png [View same] [iqdb] [saucenao] [google]
28654627

Decentralized proxy re-encryption is the most important feature that has yet to be adopted by blockchain networks. In fact, PRE itself has more utility than all of crypto has today. We're not just talking about a little slice of today's pie.

Do you know how much this will change things? It might not be intuitive to you, so let me explain the need for PRE.

I worked on a crypto project that involved 2 parties exchanging information for crypto without using a centralized third party - simple, right? Now read the following fact and reread it until you really understand - the words are carefully chosen: TODAY THERE IS NO DECENTRALIZED WAY TO EXCHANGE INFORMATION ACCESS FOR MONEY. This is something that my team and VCs overlooked, and it's why we were too early to be working on that project. Proxy re-encryption is precisely the technology we needed.

Access to information controlled by financial incentives is what the entire internet and economy are about. I really mean that. Information asymmetry, backed by capital, together explains how the world works today. So it's frankly embarrassing to realize that crypto, supposed to be the native money of the internet, doesn't provide this.

When we finally are able to create decentralized protocols that involve exchanging access to information, rather than just exchanging value aided by public information, the utility of blockchains will increase by several orders of magnitude. Fees and scaling aside, blockchains and p2p networks will be able to natively support pretty much all business logic that runs the world today.

Guess what: there is a solution. Nucypher builds it. They are at the forefront of using proxy re-encryption. It's a relatively new technology, and has almost never been used outside of academia. Nucypher is the first and only live network that provides PRE as a service. So yeah, you could say I'm pretty bullish.

>> No.28654656

>>28654440
which is ironic because investing in their token is not going to be the catalyst that 'moons' anything. the real catalyst will be the success of their technology, if it gets adopted by big players / major dApps --- then it will moon. not because a bunch of neckbeards bought the damn coin.

(and if you look into it, some really big Capital is being pushed into the nu project, it's looking extremely optimistic)

Nu and 0x are unironically some of the biggest players right now. Everyone's still gabbing abotu BTC and BCH but holy shit 0x and Nu are going to be game changers for the ethereum blockchain in general

>> No.28654688

>>28654206
This it's going to pump like grt did just watch.

>> No.28654737

>>28642488
the biggest barrier to entry on this coin...and I only hold like 6k of them is: What the fuck does it do? I asked on the telegram and no one could tell me. Still in for a 2x +.

>> No.28654772

>>28654627
fucking BASED educate these dumb fucking mouthbreathing cucks

>> No.28654778

>>28654688
God I hope so. All I want at this stage in my life is land and a Tesla. And a wife/kids but that's less of a direct purchase.

>> No.28654864

>>28644200
Proof?

>> No.28654888
File: 588 KB, 2172x2802, 1612562255482.jpg [View same] [iqdb] [saucenao] [google]
28654888

>>28654627
Based post anon

>> No.28655469

>>28654627

About a month ago I was going through SocialCapital's portfolio for stock research and came across a company called Cryptomove. They offer a centralized re-encryption network and apparently have a loose partnership with US military. I thought to myself that a decentralized version would be epic.

When I found NuCypher 1 week ago, I got super excited, bought in, and have been casually shilling. People don't understand initially why it's important, which is also not surprising since most people willingly whore out their data anyway.

Very bullish. Grateful to have found both NU and GRT in the past month. I think they are both blue-chip and great long-term holds.

>> No.28655472
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28655472

>>28654772
>>28654888

>> No.28656095
File: 449 KB, 1338x848, Screen Shot 2021-02-13 at 9.30.02 PM.png [View same] [iqdb] [saucenao] [google]
28656095

>>28654627
Anons, please feel free to take this screenshot and share as necessary with people who want to understand what $NU is about

>> No.28656735

>>28656095
Based. ty

>> No.28656937

>>28655469
>>28656735
good luck to you fren ygmi

>> No.28657252

So, are you all running a node and staking or did you just bought hoping it will go up?

>> No.28657357

>>28657252
staking? wtf is a node?

>> No.28657415

>>28657252
Its not going to go up and this board isnt high IQ enough go stake

>> No.28657505

>>28657252
I think I need more coins to stake..

Also I guess I need to make more memes..

>> No.28657619

>>28645674
Everyone says this about literally every stupid fucking crypto.

>> No.28657692

Wonder if that dude that has a 90k stack still holds this. Anyway binance listing when? Poorfag with a 1k stack @ 0.30 reporting in

>> No.28657928

>>28657619

yeah man mcds coin was the future dont forget to buy bigmac coin as well it's tied to the big mac value real worthwhile

>> No.28658070

I think this crypto is meant to be used, more and more is going to be released to the nodes until your lose value on your stack, so...

>> No.28658374
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28658374

>>28658070
is this true? will it go up in the short term regardless?

>> No.28659690

Bump

>> No.28659763

>>28658374
Not if the volume of those using also goes up. Plus demand could also keep value pretty consistent, at least over the next couple years.
Of course this all depends on who's using and who's interested in it.

>> No.28659796
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28659796

(((you))) brainlet faggots shilling that scamcoin. i dont get it. is there no one with a brain?

>> No.28659851

>>28658374
Also a retard here who wants to know if this is some shit that “isn’t an investment” like BAO. Just give me coins that go up, I don’t want to have to do other shit with them

>> No.28660277

>>28658070
This is some prime fud

>> No.28660934
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28660934

>> No.28662666

>>28655469
I’m of the same mind set. As in long term where do you see this in 5 years?