are in the final stages of the first-ever crypto merge into Threshold Network. You can read coverage from CoinDesk here (the codename for the merge was KEaNU): https://www.coindesk.com/keanu-explained-nucypher-keep-merger-ethereum
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#0350 and @maximo3453#9821: https://medium.com/@mrsnubooty.bringkeep2me/if-someone-was-to-keep-a-tally-of-the-top-questions-amongst-the-keep-and-nucypher-communities-it-97fcf17d91e4
Be sure to join the Threshold discord: https://discord.gg/HtMXncwavz
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/>
The community is already building out DeFi integrations for tBTCv2. If you're interested in learning more, we have an AMA with mStable, an ecosystem partner later today: https://discord.com/channels/866378471868727316/870384195636199455/898574883305451540
We also have a brand new (officially pre-launch, so this is alpha:eyes: ) subreddit for Threshold: https://www.reddit.com/r/thresholdnetwork
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
FAQ
Q- What do I have to do with my NU/KEEP tokens to get T?
A- Nothing at the moment. Once we get closer to the launch of T, the team will post how to wrap your tokens for T by sending to a smart contract.
Q- What will happen if I hold my tokens on an exchange?
A- It will be up to the exchanges if they decide to support the merge.
Q- How much T will I receive when I upgrade my NU/KEEP?
A- Once inflation is stopped on both networks the team will have an exact amount of T per NU/KEEP.
Q- Who do I have to talk to for listings?
A- T will be an ERC20 token, so exchanges are able to list freely without involvement from the team.
Q- Who do I have to talk to for partnerships?
A- For integrations with our networks please reach out to the team on discord. https://discord.gg/W6YDG78B
Q- Why doesn’t the team market?
A- At the moment the team is busy sponsoring hackathons and growing the development side of the business.
All of the current marketing is community driven and anyone can get involved on discord. https://discord.gg/W6YDG78B
Q- When will the T Network launch?
A- TBA
Q- Is tBTC the same as T?
A-No, T is the work token of the Threshold Network and tBTC is a fully Bitcoin-backed ERC-20 token pegged to the price of Bitcoin. It facilitates Bitcoin holders to act on the Ethereum blockchain and access the decentralized finance (DeFi) ecosystem.
Q- Will my NU/KEEP tokens not exist after the merge?
A- The token upgrade is completely optional and was designed with a *no token left behind* design that allows for the exchange/upgrade to be done whenever a user decides in the same manner and at the same exchange rate as you would receive on day one.
By @MrsNuBooty and @B1GB0YMAX
Nice information
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