What is a cryptocurrency?

Cryptocurrencies (or “crypto” for short) are decentralized currencies, meaning they’re neither issued nor governed by a central bank. Some cryptocurrencies are issued by their developers, while others are generated by their respective network algorithms.

Who is the keep network?

The Keep Network was founded in 2017 by Matt Luongo and Corbin Pon, crypto industry veterans who previously founded the Bitcoin rewards app Fold. The Keep Network’s early supporting stakers include Polychain, Andreessen Horowitz, Draper Associates, Paradigm, Fenbushi, A.Capital, Collaborative Fund, and ParaFi among others.

What is crypto mining and how does it work?

In short, crypto mining is how new units of cryptocurrency —usually called coins—are created. As you can imagine, this type of mining doesn’t involve callused hands gripping pickaxe handles. Instead, it’s computer processors that do all the hard work, chipping away at complex math problems.

What is keep and how does it work?

Keep is an incentivized network for storing and encrypting private data on the public blockchain. The network is made of off-chain containers for private data known as keeps, while the KEEP work token enables it to be completely permissionless.