Keep Network (KEEP) currently has a price of $0.16 and is up 5.49% over the last 24 hours. The cryptocurrency is ranked 507 with a market cap of $87.9M. Over the last 24 hours, it saw $60.4K of trading volume. The token has a circulating supply of 549.7M tokens out of a total supply of 1B tokens.
Keep Network (KEEP) is a privacy-focused cryptocurrency operating on the Ethereum blockchain. It employs a consensus mechanism called Random Beacon and uses a network of private contracts called "keeps" to securely backup sensitive data from decentralized applications. The network also introduces t-ECDSA, a feature that enables multiple parties to collectively sign transactions without revealing private keys. Additionally, Keep Network allows users to mint and redeem tBTC, a Bitcoin-backed ERC-20 token, thereby bridging the Bitcoin and Ethereum ecosystems. With a strong emphasis on privacy, secure data storage, and interoperability between blockchain platforms, Keep Network offers a solution for users seeking confidentiality in their cryptocurrency transactions.
Disclaimer: The “About” content was generated with the use of AI. For feedback and sponsorship enquiries, email [email protected].
© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.