$T
Threshold (T) is a cryptocurrency project focused on providing advanced cryptographic services and decentralized finance (DeFi) solutions. It emerged from the merger of Keep Network and NuCypher, combining their strengths to offer enhanced security, privacy, and interoperability within the blockchain ecosystem
Key Features:
*Decentralized Threshold Cryptography: Enables multiple parties to jointly perform cryptographic operations, ensuring data privacy and access control.
*tBTC: A decentralized, permissionless way to tokenize Bitcoin for use in DeFi applications, enhancing liquidity and utility without compromising privacy.
*Cryptographic Primitives: Includes proxy re-encryption, threshold signatures, distributed key generation, and random beacons, providing essential building blocks for decentralized applications.
Token Information:
- Market Capitalization: $172.4 million
- Circulating Supply: 10,130,273,408 T tokens
- Total Supply: 11,155,000,000 T tokens
Use Cases:
*DeFi*: Threshold's tBTC enables seamless integration of Bitcoin into DeFi applications, expanding use cases and liquidity.
*Decentralized Governance*: T token holders participate in governance decisions, shaping the network's direction.
*Security and Privacy*: Threshold's cryptographic primitives ensure secure and private data sharing and key management
