Once again coinbase has popped up a tiny $3 Learn and Earn option. For those of you ready to earn coinbases measly $3 dollars for 3 very quick lessons. Off you hop! But yes there are other harder to get $40 referral earnings for other programmes you still probably need to get.
When looking around for a plain English explanation of what exactly is NuCypher, I pretty much remained stumped. It is of course, like all new ALT coins that popup full of flashy words and no clean explanation for Joe Public. But, it might not be for Joe public, so:
- Cryptographic Infrastructure
- Privacy-Preserving Applications
- Manage secrets
- Dynamic Access Control
- Secure Computation
- Proxy Re-encryption (PRE)
So, yeah those helped! But as far as I can tell, this is a simpler explanation - Privacy for distributed systems and decentralized applications (dApp's), it helps dApp developers secure their data on the blockchain.
Yup, that's nice then, its not for Joe Public, it is for developers that get those long programming phrases. Not sure why it is right for Coinbase's user base then, but I guess it needs distribution. So here we go with the distribution.
Question 1 - What does NuCypher provide to users and apps?
Answer - End to End Encryption
Question 2 - What does NuCypher use to protect your data?
Answer - Independent nodes to perform tasks
Question 3 - Which of these is NOT a use of the Nu Token?
Answer - Paying Ethereum transaction Fees
And... Honestly that is it. Short, simple, and worth a measly $3 - coinbases low low earn rating! But, it is free, do we must not grumble. Hopefully some referrals will occur.
Thanks again all. See you soon.
