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#T T crypto, or Threshold Network, is a network that provides and maintains a suite of cryptographic primitives for various dApps. The network is the product of the protocol merger between the
#keepbuilding Network and NuCypher, which was finalized on January 1, 2022 with the launch of the T token.
The
#Threshold Network's cryptographic primitives enable dApps to perform multiple tasks, including:
Security: Threshold Network provides a higher level of security than traditional cryptographic solutions. This is because Threshold Network uses a multi-party signature scheme, which requires a specific number of participants to sign a transaction for it to be valid.
Confidentiality: The Threshold Network can be used to protect sensitive data such as private keys or personally identifiable information. This is because the Threshold Network uses an encryption scheme that only a specific number of participants can decrypt.
Scalability: The Threshold Network is scalable and can be used by dApps of any size. This is because Threshold Network uses a consensus model that allows new participants to be added to the network without disrupting the network's functioning.
The T token is the native token of the Threshold Network. The T token is used to:
Staking: Threshold Network node operators can stake T tokens to earn rewards.
Governance: T token holders have the right to vote on network-related decisions.
T token price is currently at $0.02422. The T token has a circulating supply of 9.46 billion tokens and a maximum supply of 10.52 billion tokens.
Threshold Network is a promising platform that has the potential to revolutionize the way dApps are built and run. Threshold Network offers a higher level of security, confidentiality and scalability than traditional cryptographic solutions.
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