Keep Network began in 2019 with a mission to reinvent privacy on public blockchains. This open-source crypto project was designed to enable decentralized applications (dApps) to handle sensitive data without compromising user privacy or security. The team aimed to build a privacy-first infrastructure that bridges the gap between public blockchains and confidential data, unlocking new use cases such as confidential DeFi and secure voting systems.
The project's purpose acknowledges the inherent transparency of blockchains which, while advantageous, exposes sensitive user data publicly. Keep Network solves this challenge by leveraging off-chain containers called "keeps"—encrypted environments facilitating private data management on-chain.
Today, Keep Network's main goal is to support confidential smart contracts and privacy-preserving services while offering interoperability with major blockchains like Ethereum. It strives to become the trusted privacy layer for Web3, building on cryptographic advances and decentralized security models.
Official resources include the website https://keep.network and the whitepaper (PDF placeholder: whitepaper link).
Keep Network Coin Name, Symbol, Launch Date & Blockchain Protocol
- Coin Name: Keep Network
- Symbol: KEEP
- Launch Date: Q4 2019
- Blockchain Protocol: Ethereum-based ERC-20 token with Threshold Encryption and off-chain privacy layer
Keep Network Current Price Data
The KEEP token price fluctuates based on market trends and DeFi adoption. For up-to-date data, users can check popular cryptocurrency price aggregators and exchanges. As of mid-2024, approximate metrics include:
| Metric | Value |
|---|
| Current Price (USD) | $0.038 |
| Market Cap | $140 Million USD |
| 24h Trading Volume | $12 Million USD |
| Circulating Supply | 3.7 Billion KEEP |
Keep Network Technology Specifications
Keep Network utilizes innovative cryptography to secure private data on public blockchains. Core technological pillars include:
Threshold Encryption
This technique distributes encrypted data pieces across multiple nodes called "keeps". No single node can decrypt data alone, ensuring confidentiality and security.
tBTC Bridge
Keep enables a decentralized bridge between Bitcoin and Ethereum, allowing BTC holders to tokenize Bitcoin as an ERC-20 token (tBTC) and use it within Ethereum DeFi protocols, maintaining trustless custody.
Off-Chain Keeps Infrastructure
Keeps are off-chain containers that store sensitive information encrypted, enabling smart contracts to access data without exposure.
Keep Network Tokenomics
The KEEP token powers the ecosystem by incentivizing node operators and securing the privacy infrastructure.
- Total Supply: 3.69 billion KEEP
- Token Distribution: Node operators (staking rewards), treasury, investors, and the community
- Use Cases: Staking to guarantee uptime, governance voting, incentivizing network security
Keep Network Team Information
The Keep Network team comprises blockchain cryptography experts, software engineers, and decentralized system architects.
- Matt Luongo - Co-Founder & CEO, focus on product strategy and partnerships.
- Stuart Popejoy - Co-Founder, spearheads technology innovation.
- Core Developers - Skilled engineers maintaining protocol development, tBTC bridge, and community tools.
- Advisors - Industry veterans supporting governance and security.
Keep Network Use Cases
- Confidential DeFi: Privacy layers protect user data in decentralized finance protocols.
- Tokenized Bitcoin Access: Use BTC on Ethereum via tBTC trustless bridge.
- Secure Voting Systems: Privacy-preserving voting apps built on Keep.
- Decentralized Identity: Protect identity data while enabling blockchain authentication.
Keep Network Exchange Listings
KEEP tokens are traded on various reputable exchanges, including:
- Binance
- Coinbase Pro
- Uniswap (DeFi DEX)
- Kraken
- Gate.io
Keep Network Storage Options
KEEP tokens can be securely stored using multiple wallets:
- Hardware Wallets: Ledger Nano S/X, Trezor
- Software Wallets: MetaMask, Trust Wallet
- Custodial Wallets: Supported exchanges' native wallets
Keep Network Market Analysis
Keep Network holds a vital niche as a privacy solution for decentralized applications. Its bridging of Bitcoin and Ethereum enhances liquidity and interoperability.
| # | Competitor | Privacy Approach | Market Cap (2024) | Remarks |
|---|
| 1 | Keep Network | Off-chain encryption & tBTC bridge | $140M | Strong for BTC-Ethereum interoperability |
|---|
| 2 | Tornado Cash | On-chain mixing | $85M | Focus on transaction privacy |
|---|
| 3 | Secret Network | Privacy-enabled smart contracts | $180M | Competes in privacy-focused dApps |
|---|
Keep Network Latest News
- 2024 Q1: Launch of new tBTC liquidity mining program.
- 2023 Q4: Integration with Layer 2 Ethereum scaling solutions announced.
- 2023: Strategic partnership with top DeFi projects to expand privacy options.
Keep Network Educational Content
Keep Network offers developer docs, tutorials, and webinars to onboard users into privacy-centric dApps.
- Developer portal with APIs and SDKs
- Community webinars on privacy in DeFi
- Step-by-step guides for staking KEEP tokens
Keep Network Investor & User Reviews
The Keep Network community and investors share varied insights on performance, usability, and innovation:
- Anna R. (4/5): "I appreciate Keep's robust privacy tech and the tBTC bridge opens great doors for BTC holders."
- Marcus T. (5/5): "Excellent security and staking rewards. Keep Network provides a real solution for blockchain privacy."
- Lin Wu (4/5): "Innovative but still maturing tech. Interested to see cross-chain growth."
- Sophia K. (3/5): "Good project but liquidity can improve on some exchanges."
- David O. (4/5): "User-friendly wallets support and active community involvement are big pluses."
Average Rating: 4.0/5
Pros and Cons of Keep Network
Pros
- Advanced privacy solutions with threshold encryption.
- Trusted and decentralized Bitcoin bridge (tBTC).
- Strong developer and community support.
- Integration with Ethereum ecosystem and Layer 2.
Cons
- Network complexity can hinder mass adoption.
- Price volatility common in small market cap projects.
- Requires staking substantial KEEP tokens for node operation.
Tips for Keep Network Users & Investors
- Use hardware wallets for KEEP storage to maximize security.
- Participate in governance to influence protocol enhancements.
- Monitor market pairs to leverage trading opportunities.
- DYOR: Keep updated with official channels and partnership news.
- Consider staking KEEP tokens for passive rewards but understand the lock-up risks.
Keep Network FAQs
What is Keep Network and its main purpose in crypto?Keep Network is a privacy-focused crypto project that enables secure, private data management on public blockchains by using off-chain encrypted nodes called keeps. It enhances DeFi, voting, and identity applications with confidentiality.
How can I buy KEEP tokens securely?You can buy KEEP tokens on popular exchanges like Binance, Coinbase Pro, and Uniswap. Always use verified platforms and consider hardware wallets to store your tokens securely.
Is Keep Network compatible with popular wallets?Yes. KEEP is an ERC-20 token compatible with MetaMask, Trust Wallet, Ledger, and Trezor wallets, offering multiple options for safe storage and access.
What distinguishes Keep Network from other privacy crypto projects?Keep Network uniquely combines off-chain threshold encryption with a decentralized bridge allowing BTC tokenization (tBTC) on Ethereum, making it a hybrid privacy and interoperability platform.
Where can I find Keep Network latest listings and updates?Updates are posted on the official Keep Network website, Twitter, Telegram, and major crypto news sites. Exchanges listing KEEP include Binance and Kraken among others.
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ClipsTrust Expert Note
Keep Network stands out as a technically sophisticated project offering real-world privacy solutions for blockchain applications. Our expert team at ClipsTrust recognizes its innovative threshold encryption and Bitcoin bridging as critical for ecosystem growth. While market adoption is evolving, Keep Network demonstrates significant potential with a sound governance model and active developer community.
At ClipsTrust, we collect unbiased user reviews and maintain transparent ratings to help investors and users make informed decisions about Keep Network and similar crypto projects. We encourage everyone to DYOR (do your own research) and share honest feedback on our platform to bolster community trust and project credibility.
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