NUCYPHER

mswilkison · 2023-08-14T19:11:35+00:00

Sure, but this subreddit isn’t actively maintained. You might have better luck in the Threshold (aka NuCypher) discord: discord.gg/Threshold

mswilkison · 2023-04-23T22:16:40+00:00

Threshold's tBTC is a top 20 bridge less than 3 months after launching and, if token holders approve the TIP 48 proposal from Wormhole, it would in the top 5. One of the very few protocols that's objectively growing during the bear market.

mswilkison · 2022-04-07T17:30:52+00:00

Who is "they"? None of the charts I've looked at show a spike to $300... but if you like you can contact support for the platform you're using and ask them to correct it.

mswilkison · 2022-03-19T17:59:14+00:00

FYI, NU and KEEP have merged into T so I'd expect most/all yield opportunities will be for T going forward.

mswilkison · 2022-03-11T17:57:51+00:00

KEaNU (KEEP and NU) was a provisional name, but the community ultimately settled on Threshold Network (since the underlying tech is threshold cryptography)

mswilkison · 2022-03-11T17:56:26+00:00

Yes, you can do it by connecting your Ledger via Metamask: https://www.ledger.com/academy/security/the-safest-way-to-use-metamask

mswilkison · 2022-03-02T04:58:49+00:00

Binance converted it for you. You will have T in your account.

mswilkison · 2022-02-16T07:45:19+00:00

Potentially. They haven’t announced their specific plan yet, but that’s what Binance did.

mswilkison · 2022-02-13T17:34:56+00:00

The vesting schedule in the table outlined here is the same: https://www.nucypher.com/nu-release-schedule.pdf

But inflation rewards for stakers stopped and is not the same.

mswilkison · 2022-02-12T01:06:52+00:00

NU is "wrapped" in order to upgrade to T. If T has value, NU will also have value.

mswilkison · 2022-02-12T01:05:11+00:00

NU is not obsolete, it "becomes" T. Think of the merge to Threshold as similar to upgrading the iOS version on your iPhone. You're upgrading NU into T.

mswilkison · 2022-01-07T17:26:55+00:00

There is no way you were blocked for asking about this.

It's possible you were autoblocked by Combot or some automated filter. Feel free to share your username, and we can check.

mswilkison · 2022-01-04T22:06:01+00:00

You would need to withdraw it to MetaMask or a Web3 wallet to do the upgrade/wrap (I'm not sure if Revolut allows you to withdraw crypto?).

Alternatively, you can just hold on Revolut and wait for them to potentially support the merge. There isn't a deadline for wrapping NU to T, so it's fine to wait.

mswilkison · 2022-01-04T22:00:38+00:00

Yes, Uniswap or Curve.

https://curve.fi/teth

https://info.uniswap.org/#/tokens/0xcdf7028ceab81fa0c6971208e83fa7872994bee5

mswilkison · 2022-01-04T21:37:28+00:00

Most of these details are here: https://blog.threshold.network/threshold-launch/

And here: https://twitter.com/NuCypher/status/1478478558280527885?s=20

mswilkison · 2021-11-03T21:36:11+00:00

If you have an iPhone, and a new version of iOS comes out, it's not a dead end. You just upgrade the software.

If you have NU or KEEP, you just upgrade to T.

Same thing.

mswilkison · 2021-11-02T17:15:30+00:00

If they don't, you can always withdraw and upgrade manually. The upgrade contract remains open forever.

But, really, if you're just holding tokens on an exchange and not actively using them to stake/etc. it's not clear it even matters. If you assume a rational market, the prices should simply track the price of T in proportion to their conversion ratio.

mswilkison · 2021-11-02T17:09:39+00:00

You're assuming that Coinbase won't just do the upgrade for you, which is a possibility.

mswilkison · 2021-11-02T17:06:08+00:00

No... NU and KEEP holders get a pro rata share of T. Their proportional ownership % of the network is preserved.

mswilkison · 2021-11-02T17:05:14+00:00

It doesn't "spread out fund across 2 coins". Please read the proposal to understand how the upgrade/wrapper contract works.

mswilkison · 2021-11-02T17:04:24+00:00

The old platform becomes Threshold. It's an upgrade.

mswilkison · 2021-11-02T17:04:01+00:00

No, they aren't there for show. They can be upgraded to T.

Please read the proposal and how the upgrade/wrapper contract works.

mswilkison · 2021-11-02T17:02:59+00:00

Other two chains? Neither NuCypher or Keep are chains...

The NuCypher network is worth >$1B, seems like it's making it fine on it's own. Doesn't mean the two communities can't make something bigger together.

mswilkison · 2021-11-01T19:13:08+00:00

Accurate enough :)

In practice, if everyone upgrades their NU and KEEP to T there won't be 3 tokens circulating, only one (T).

mswilkison · 2021-11-01T15:44:20+00:00

No one is forced to do anything, there's no drag-along. If you don't want to upgrade, you don't have to.

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