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Frequently Asked Questions
What Is the Threshold Network?
Read MoreThe Threshold network provides and maintains a suite of cryptographic primitives for several dApps. The network is the product of the protocol merger between the Keep Network and NuCypher, which was finalized on January 1, 2022 with the launch of the T token.
What is the T token?
Read MoreThe T token is both a utility token for the Threshold Network and a governance token for the Threshold DAO.
What is the T token used for?
Read MoreThe T token is primarily used to stake a node. Node operators receive fees from various applications that rely on the Threshold network’s cryptographic primitives. The T token is also a governance token and users can lock the token in coverage pools to earn yield in exchange for underwriting collateral risk in the network.
What are Threshold’s primitives and the use-cases?
Read MoreThreshold provides a suite of cryptographic building blocks for privacy, access controls, and cross-chain bridges, including:
- Proxy re-encryption (PRE) (https://en.wikipedia.org/wiki/Proxy_re-encryption)
- Threshold signatures (TSS) (https://academy.binance.com/en/articles/threshold-signatures-explained)
- Distributed key generation (DKG) (https://en.wikipedia.org/wiki/Distributed_key_generation)
- Random beacon (RB) (https://blog.keep.network/whats-in-a-beacon-12c34b0bc078)
What is tBTC?
Read MoretBTC is Threshold’s flagship application. tBTC is tokenized Bitcoin that is completely permissionless (i.e. has no custodian), which allows anyone to tokenize their Bitcoin and use it in DeFi applications without sacrificing privacy or risking censorship.
What is the all-time high price of Threshold (T)?
Read MoreThe all-time high of T was 0.2244505 USD on 2022-03-02, from which the coin is now down 90.54164924292884%. The all-time high price of Threshold (T) is 0.2244505. The current price of T is down 90.54164924292884% from its all-time high.
How much Threshold (T) is there in circulation?
Read MoreAs of
, there is currently 10.11Bn T in circulation. T has a maximum supply of 0. What is the market cap of Threshold (T)?
Read MoreThe current market cap of T is 214.61M. It is calculated by multiplying the current supply of T by its real-time market price of 0.021229315566.
What is the all-time low price of Threshold (T)?
Read MoreThe all-time low of T was 0.01473232
, from which the coin is now up 44.10028811483866%. The all-time low price of Threshold (T) is 0.01473232. The current price of T is up 44.10028811483866% from its all-time low. Is Threshold (T) a good investment?
Read MoreThreshold (T) has a market capitalization of $214.61M and is ranked #281 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Threshold (T) price trends and patterns to find the best time to purchase T.