NuCypher is a decentralized KMS token that removes the limitations of using consensus networks to securely store and manage private encrypted data. The coin is accessible, intuitive, extensible, only the owner of the data has access to them, there is a re-encryption scheme for cryptographic access control.

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In March 2020, Ethereum founder Vitalik Buterin took to Twitter to lament: “It's embarrassing that we still can't easily move between the two largest crypto ecosystems trustlessly.”

Since then, the tBTC dev team have risen to the challenge.

Fulfilling Vitalik's Prophecy: tBTC redemptions are live!

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We are very excited to announce that after years of development, tBTC v2 is now the only decentralized, fully-functioning, 2-way Bitcoin bridge on Ethereum!

Welcome to redemptions 💪

Here is a blog summarizing the news, including a walkthrough of the feature, written by Matt Luongo. 

https://blog.threshold.network/fulfilling-vitaliks-prophecy/