Threshold Price

Threshold (T) is a cryptocurrency launched in 2021 that operates on the Ethereum platform. Currently ranked 319 with a price of $0.01779, it has seen a +2.04% change in the last 24 hours. Threshold is designed as a decentralized threshold cryptography network that enables secure and private transactions across blockchains. With a market cap of $180.25M and 24-hour trading volume of $368.86K, Threshold has established itself in the Web3 ecosystem. The token has a circulating supply of 10.13B T out of a maximum supply of 11.15B T. Threshold supports both Ethereum and Bitcoin ecosystems, providing threshold cryptography services that enhance privacy and security for blockchain applications. The project aims to create a more secure and interoperable blockchain infrastructure through its innovative cryptographic solutions.

Threshold was created on December 31, 2021, when it was officially launched on the Ethereum platform. As a token in the Ethereum ecosystem, Threshold operates with a total supply of 11,155,000,000 tokens and currently has 10,129,331,389 tokens in circulation. Since its launch, Threshold has developed into a significant project within both the Ethereum and Bitcoin ecosystems, focusing on decentralized threshold cryptography applications.

Threshold was founded by a team of cryptography and blockchain experts who came together to create a decentralized threshold cryptography network. The project emerged from the merger of two established protocols: NuCypher and Keep Network in 2021. The founding team includes Matt Luongo (former CEO of Keep Network) and MacLane Wilkison (former CEO of NuCypher), who led the vision to combine their respective projects into Threshold. Their goal was to build a more robust infrastructure for secure and private applications in the Web3 ecosystem, particularly focusing on threshold cryptography solutions that enable secure key management and private computations on public blockchains.

Threshold operates on the Ethereum blockchain as an ERC-20 token that powers the Threshold Network, a decentralized threshold cryptography platform. The network combines two previous protocols (Keep Network and NuCypher) to provide secure, decentralized services. Threshold uses a unique threshold signature scheme where multiple parties must cooperate to create valid signatures, enhancing security. The token has multiple utilities including staking to secure the network, governance voting rights, and payment for network services. Currently priced at $0.01779 with a market cap of $180.25M, Threshold has 10.13B T tokens in circulation out of a maximum supply of 11.15B T. The token has seen +2.04% price movement in the last 24 hours with a trading volume of $368.86K. Holders can participate in network security by staking their tokens, earning rewards while contributing to the network's threshold cryptography services that enable confidential and secure blockchain applications.

Threshold operates on a sophisticated technical architecture built on the Ethereum blockchain. It utilizes ERC-20 token standards, allowing for seamless integration with Ethereum's ecosystem while maintaining security and interoperability. The network employs a threshold cryptography system that enables decentralized key management and secure multi-party computations. The architecture features a unique consensus mechanism that combines aspects of both Proof of Stake and threshold signatures, enhancing network security while reducing energy consumption. Threshold's infrastructure includes smart contracts for automated governance and token distribution, with cross-chain capabilities that bridge to the Bitcoin ecosystem. With a total supply of 11.15B T and 10.13B T currently in circulation, Threshold's architecture is designed to support various decentralized applications, particularly those requiring privacy-preserving features and secure data sharing across distributed networks.

Threshold has an ambitious roadmap focused on expanding its decentralized threshold cryptography services. The project aims to enhance its tBTC bridge to Bitcoin, improve staking mechanisms, and develop new privacy-preserving applications by 2026. Key milestones include launching cross-chain interoperability features, expanding governance participation, and implementing advanced security protocols. By 2027, Threshold plans to achieve greater enterprise adoption through strategic partnerships and improved scalability solutions. The team is working on reducing gas fees and enhancing transaction speeds while maintaining security. Long-term vision through 2030 includes becoming a foundational layer for privacy-preserving DeFi applications, with a focus on institutional adoption. Currently priced at $0.01779 with a market cap of $180.25M, Threshold has significant growth potential as Web3 infrastructure matures and demand for secure, private blockchain solutions increases.