The Keep Network is a decentralized platform that enables off-chain data storage and computation while preserving privacy and security moreThe Keep Network is a decentralized platform that enables off-chain data storage and computation while preserving privacy and security. The platform utilizes a network of nodes to store and operate on data in a secure, trustless manner. The possible benefits of the Keep Network include improved scalability and performance of blockchain applications, enhanced privacy protection, and reduced costs for developers and users.
One of the main features of the Keep Network is its privacy-preserving protocol called Threshold ECDSA, which enables secure transactions without revealing private user information. This protocol can be used to build privacy-focused applications in various fields, including finance, healthcare, and gaming.
The KEEP token is the native currency of the Keep Network, used to incentivize node operators and validators, and to pay for services on the platform. The token also acts as a governance token, allowing token holders to participate in decision-making processes related to the network's development and management.
Some potential use cases of the Keep Network include verifiable computations for insurance claims, private data sharing for supply chain management, and secure messaging with end-to-end encryption.
Sources:
- "Keep Network: A Privacy Solution for the Decentralized Web" (CoinCentral) https://coincentral.com/keep-network/
- "What is Keep Network?" (Decrypt) https://decrypt.com/resources/keep-network-what-is-guide
- "Keep Network" (CryptoSlate) https://cryptoslate.com/coins/keep-network/ (AI generated summary)
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