Binance Will List Keep Network KEEP keep_project.

Keep Network (KEEP)

An Incentivized Network to Store and Encrypt Private Data on the Public Blockchain.

Keep Network is a privacy layer for Ethereum that aims to bridge public blockchains and private data. The protocol features off-chain containers (Keeps) that allow smart contracts to safely interact with private data.

The network randomly assigns Keeps to a group of network participants, called signers, that help to store and manage the data containers.

KEANU is the codename for the unprecedented collaborative endeavor between Keep Network and NuCypher to undertake the first decentralized on-chain network upgrade combining two protocols. The snapshot vote concluded Friday after months of community collaboration, and we’re delighted to announce that the Keep x NuCypher network upgrade is moving forward with approximately 93% of individual Keep stakers voting for the initiative and 78% of staked KEEP supporting the measure.

KEEP is Keep Network's native utility token and is used in the following functions:

Governance: KEEP token holders can vote on network governance decisions.

Staking: Users may stake KEEP tokens on the platform dashboard or via a staking service provider to act as a Keep Provider. In addition to staking KEEP tokens, users may bond ETH on top of their KEEP staking positions to increase their yield. Note that users' staking positions may get penalised for signing group misbehaviour, which will result in slashing.

Network participation: Users may run nodes to help maintain the network, and earn network incentives.

The protocol consists of the following major components working in conjunction:

Random Beacon Node: Random Beacon is a decentralized random selection tool for selecting signers from a pool in a cryptographically secure and decentralized way. This beacon takes the form of a BLS Threshold Relay and cannot be gamed or manipulated. It is a trusted source of randomness for the process of trustless group election.

Signers: Network participants that help to store and manage off-chain containers (Keeps).

Keeps: An off-chain container for private data, which allows smart contacts to manage and use private data without exposing it to a public blockchain.

As at June 17th 2021, the total supply of KEEP is 1,000,000,000and the current circulating supply is 437,480,000 (~43.75% of the total token supply).

Risk Warning：Cryptocurrency investments are risky. Please make investments wisely according to your own risk tolerance. 

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