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NuCypher Network Selects InfStones as A Validator and Staking Service Provider


NuCypher Network Selects InfStones as A Validator and Staking Service Provider
Jun 12,2021|Clients

InfStones Participates in NuCypher Network

NuCypher Network Selects InfStones as A Validator and Staking Service Provider

We are glad to announce that InfStones has joined NuCypher Network as an official validator and staking service provider. It’s also listed on the CoinList to be a trusted staking partner by NuCypher to a wider community.

NuCypher is decentralized encryption, access control and key management system (KMS), encryption service for public blockchains. NuCypher offers end-to-end encrypted data sharing on public blockchains and decentralized storage solutions.

NuCypher allows users to share private data between several participants in public consensus networks, using proxy re-encryption (PRE) technology. This decryption technology makes NuCypher much more secure and protected than traditional blockchain projects based on public-key encryption, according to NuCypher.

InfStones participated very early in the NuCypher testnet and completed all the tasks with a high-quality engagement. It has accumulated sufficient network experience which paved the way for InfStones to offer stable WorkLock and NU staking services to the community. InfStones will actively contribute to NuCypher’s Proxy Re-encryption network’s security and maintain the purpose of its decentralization.

About NyCupher

NuCypher is a cryptographic infrastructure for privacy-preserving protocols and applications. Their Key Management System (KMS) plans to address the current limitations that consensus networks have securely storing/sending/manipulating private and encrypted data. Their proxy re-encryption scheme allows encrypted data to be sent across their network without having access to anyone’s private key.

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About InfStones

InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 blockchains, InfStones gives developers all the control they need - reliability, speed, efficiency, security, and scalability - for cross-chain DeFi, NFT, GameFi, and decentralized application development.

InfStones is trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.