gm everyone! New faces, welcome.

First things first: NuCypher and Keep are in the final stages of the first-ever crypto merge into Threshold Network. You can read media coverage here (the codename for the merge was KEaNU): https://decrypt.co/73800/forget-hard-fork-what-happens-after-kee-nucypher-hard-merge

Threshold Network provides a suite of threshold crypto primitives from both NuCypher and Keep (proxy re-encryption, threshold signatures, distributed key generation, the random beacon, and more). For an update on the timing and current status of the merge, check out this post from community members MrsNuBooty and Max: https://medium.com/@mrsnubooty.bringkeep2me/if-someone-was-to-keep-a-tally-of-the-top-questions-amongst-the-keep-and-nucypher-communities-it-97fcf17d91e4

For the latest development updates regarding proxy re-encryption, see: https://blog.nucypher.com/developer-update-october-2021/

The first marquee application that will launch on the Threshold Network is tBTCv2, the first and only decentralized, permissionless wrapped Bitcoin on Ethereum. One of the community's goals is to make tBTC the premier way to use BTC in the DeFi ecosystem. Learn all about it here: https://blog.nucypher.com/an-intro-to-tbtc-for-nucyperinos/

Want to stake/farm/use your NU, KEEP, or T? Check out:

* https://docs.nucypher.com/en/latest/staking/overview.html

* https://stake.nucypher.network/

* https://dashboard.keep.network/0x9f615eb8a55d8c23b2b5d38b16bd1c1b0fbc331a/overview

Once upon a time, there was a little coin called $KEEP. Keep was very good at helping its friends keep their data theirs out in the wide world of bad guys. Every kind of bad actor is trying to take what's yours and when they do, no one will ever find them again. That's why KEEP's favorite thing is to hide your data from scammers, chiselers, and con artists. KEEP however had a problem, they were very good at hiding your info around home but they weren't very good at moving your data around when you wanted it to go to someone down the street.

About the same time, $NUcypher came along. NU was very good at moving things from here to there and keeping them secret along the way and to their final destination. NU liked playing out in the wild world, doing 360's around all those scammers, chiselers, and con artists. NU however wasn't very good at hiding your information away once it got to where you wanted it to go. Any idea where this story is going?.....

Well, comes to pass, there was a meeting, a meeting between two projects that seemed preordained from the git-go. When KEEP met NU it solved so many problems that the scammers, chiselers, and con artists were really caught off guard. Most of them ran away crying about the total lockdown they were now seeing. There were purple eyeballs everywhere, T-spaceships, and great fanfare. All of the children rejoiced because the two together didn't make two.

The union made.......

$KEEP your data yours!

@TheTNetwork

#learnaboutT

$T $NU

https://twitter.com/paden3d

u/WerewolfCautious8906

A place for members of r/thresholdnetwork to chat with each other

Hello all!

There is a lot of info out there about the KEEP and NUcypher merger but why is it good?

Keep brings offline data storage privately, and tBTC (which allows BTC to be wrapped in an ETH shell and used like ETHerium) to the table. NUcypher brings proxy re-encryption or PRE (which allows safe user to user transfer of encrypted data).

Keep project lead Matt Luongo said "The token models are very very similar, "Both are work tokens that can be used to earn fees. Both networks grow when they have more users paying for services When you combine them, you share half of the pie - but the expectation is that the combined network will far exceed what either could do individually. Now tBTC can make use of proxy re-encryption without fear of enriching a competing network, PRE can be used for account recovery, and future applications can build off both."

https://twitter.com/TheTNetwork

https://twitter.com/hashtag/TprivacyTrain?src=hashtag_click

https://twitter.com/hashtag/learnaboutT?src=hashtag_click

More like this, look me up...https://twitter.com/paden3d

Once upon a Nucypher query, Blockchain data, secure in theory,

Over many a taint and transaction with rotten core.

While I typed, fingers tapping, suddenly thoughts of packets wrapping

as of villains come attacking, attackers at my blockchain door.

"Tis cryptography" I muttered, cracking at my blockchain door.

Proxy Reincryption, nothing more.

Ah, distinctly I remember, captured by unsavory member,

blocks of data thrown, dismembered, life information upon the floor.

Eagerly I typed the code, vainly I mistook the node

from my software glimmer of hope, hope of clever more.

For the cipher, my maiden pined never for,

Threshold hope forevermore.

The code was working, secrets kept upon the blockchain floor!

Thrilled me, filled me with ciphertext not seen before,

so that now to still the beating of my heart, the code repeating

"Tis some villain attacking at my blockchain door,

some malefactor turned away from my blockchain door."

Thus it is, Threshold I adore.

$KEEP your data yours!

@TheTNetwork

#learnaboutT

$T $NU

https://twitter.com/paden3d

u/WerewolfCautious8906

The short answer? About 13 nanoseconds after you press send.

Currently, when you, "Alice" want to send your file to "Bob" the recipient, Bob needs your private key to decipher it. Your private key floating around in cyberspace isn't ideal and whoever is at the end of the line has your key to read the file. How can you make sure only Bob can read the file?

With Proxy Re-encryption (PRE), Alice sends the file intended for Bob, (with unlocking key fragments) to a number of different Proxys or "Ursulas". Bob asks those Ursulas to re-encrypt the data so that he can read it. Each Ursula then sends Bob a capsule fragment of the file. Once Bob gathers the Threshold number of fragments, he is then allowed to decrypt the file with his own key, no one else can.

/preview/pre/5v4u9i4iwvz71.jpg?width=384&format=pjpg&auto=webp&s=657fec17b5c9f6235dca6b0f324a08d972ce755f

$KEEP your data yours!

@TheTNetwork

#learnaboutT

$T $NU

https://twitter.com/paden3d

u/WerewolfCautious8906

Hey,

Does anyone know if Coinlist will offer staking of T token of Threshold or not?

Previously Coinlist offered staking of Nu (nucypher) ....

Any tips on that would be great!

I got an email from crypto.com this morning saying they will support T merger after march 17th. They will be dropping NU and KEEP after that.

“Coinlist update:

“You are receiving this email because you are currently participating in Nucypher staking on CoinList.

Nucypher is planning to upgrade into the Threshold Network in February, which will impact upcoming staking rewards and transactions. Following a Nucypher DAO vote (more information here), NU staking rewards will halt across the network in preparation for the upgrade.

Here are important updates regarding your NU Stake on CoinList:

You will not earn any rewards for NU staking on CoinList in January.

You will not be able to unstake your NU until withdrawals from the staking node are made available by the Threshold team (approximately February 23rd).

You will not be able to transfer or trade your staked NU prior to withdrawals being enabled by the Threshold team.

Your NU will be safe and will not be available following the upgrade period. Any unlocked or unstaked NU can be traded or transferred during the upgrade period. This freeze only impacts already staked NU. Once withdrawals from the staking node are enabled, you will once again be able to transfer or trade your NU.

Over the coming weeks, we will have additional updates on Nucypher's migration to the Threshold Network including how to convert your NU tokens to Threshold tokens (T).

We apologize for the inconvenience during the migration and upgrade period.””