Market Data & Token Stats
| Fully Diluted Valuation | $69.72M |
|---|---|
| 24H Trading Volume | $4.41M |
| 24H Low / High | $0.006143 / $0.006249 |
| Circulating Supply | 11.16B |
| Total Supply | 11.16B |
| Max Supply | ∞ |
Key Project Information
| Categories | Decentralized Finance (DeFi) 6 more |
|---|---|
| Founder | MacLane Wilkison 1 more |
| Website | threshold.network Whitepaper 1 more |
| Socials | |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Arkm 5 more |
| Contracts |
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3 more
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Threshold Network (t) Expert User Reviews
Is Threshold Network safe or a scam? Read verified Crypto OG reviews about Threshold Network
$t Markets
| Name | Pair | OG Score |
|---|
About Threshold Network
Threshold Network: A Decentralized Solution for Privacy and Interoperability
The Threshold Network allows smart contracts to securely access and manage private encrypted data through a network of 'keeps', which act as off-chain storehouses for encrypted data. Nodes in the network can jointly decrypt data or transfer access to other parties when consensus is reached, serving as a bridge between private data and public blockchains.
Empowering Decentralized Applications
The network has the potential to revolutionize decentralized applications (dApps) across various industries, such as medical, insurance and social media. For example, content creators could utilize the network to sell NFTs that grant automatic access to private content, enhancing user engagement and privacy.
Facilitating Cross-Chain Asset Adoption
In addition to dApps, the Threshold Network is expected to drive the adoption of cross-chain assets, starting with tBTC. The network's capabilities could extend to supporting other cross-chain assets in the future, further enhancing its utility and impact on the blockchain ecosystem.
Historic Merger of Keep Network and NuCypher
The Threshold Network is the result of a historic merger between Keep Network and NuCypher, two leading projects in digital privacy. Keep Network specializes in encrypting and storing private data off-chain, while NuCypher provides privacy tools for managing secrets and processing encrypted data. The merger has led to the creation of a unified network that combines the strengths of both projects.
Robust Security and Privacy Measures
To ensure the security and privacy of its operations, the Threshold Network has undergone rigorous auditing by top firms in the blockchain space. Its cryptographic primitives, including Proxy re-encryption (PRE), Threshold signatures (TSS), Distributed key generation (DKG) and Random beacon (RB), are designed to preserve privacy on the public blockchain while providing secure and decentralized operations.
Decentralized Governance Structure
The Threshold Network operates under a decentralized governance structure, with a StakerDAO holding most decision-making power. A TokenHolderDAO manages treasury, token issuance and governance changes, while an elected council made up of Keep and NuCypher representatives sets staker rewards and has veto power over proposals. This governance structure ensures that the network remains decentralized and community-driven.
Overall, the Threshold Network represents a significant advancement in blockchain technology, offering a secure, private and interoperable solution for a wide range of applications. Its unique approach to privacy and decentralization sets it apart in the blockchain landscape, positioning it as a key player in the future of decentralized technology.
What is unique about Threshold Network (T)?
The Threshold Network stands out for its innovative approach to digital privacy and interoperability, offering secure access to encrypted data and empowering decentralized applications (dApps) across various industries.
Who are the founders of Threshold Network (T)?
The founders of the Threshold Network are MacLane Wilkison and Michael Egorov, visionaries in the blockchain space who spearheaded the merger of Keep Network and NuCypher to create this groundbreaking project.
Where can I buy Threshold Network (T)?
Binance, Coinbase, OKX, Gate.ioMEXC
Information in this section carefully collected and curated from publicly available data from official sources, including the Threshold Network Official Website, Threshold Network Whitepaper, Threshold Network GitHub Repository and Threshold Network X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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