What is Threshold Cryptography? The Network Empowering New Users

Published on
January 11th, 2022
Duration
45 minutes

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What is Threshold Cryptography? The Network Empowering New Users

CRYPTOVERSE ·
Featuring MacLane Wilkison and Santiago Velez

Published on: January 11th, 2022 • Duration: 45 minutes

The NuCypher Network uses threshold cryptography, which requires a certain number (threshold) of participants to agree on something before an action is taken. Using Ethereum and an alternative consensus algorithm, MacLane Wilkison, founder of NuCypher, joins Santiago Velez, co-founder and division lead of research and development at Block Digital Corporation, to make the case for his company’s token. Wilkison’s mission is to grant further autonomy to blockchain users by increasing efficiency and scalability using his layer two solution, the NuCypher Network. His company has proven useful at operating their proprietary DAO, while hosting several sub-DAOs as well. These projects are only just the beginning. Hear from Wilkison to learn about exciting developments on the horizon and technical deep dives into how the network currently operated. Recorded on January 4, 2021.