Threshold Network

Threshold is a project merged from the NuCypher and Keep networks, which strives to provide different threshold cryptography solutions in a fully decentralized manner to the web3 community. Threshold cryptography is a technology that uses cryptography to unlock greater utility and usability for digital assets without needing to trust a centralized party. Threshold cryptography distributes sensitive operations across multiple independent entities – like nodes in a network – and requires a threshold, or minimum number of those entities to cooperate for the operation to be successful.

Threshold cryptography protects data by distributing operations across a network of independent nodes. This simple idea increases security and availability and reduces reliance on trusted parties.

Threshold, and its T token, allow token holders can help power a one-stop platform for threshold cryptographic services by staking and running a decentralized node, and are incentivized to provide these services without any central authority.

At the heart of the Threshold Network are flagship services like tBTC, a bitcoin asset bridge, and  TACo, an access control plugin. Traditionally, critical operations such as signing, randomness generation, and access control require trust in a single entity.However, on the Threshold Network, these functionalities are decentralized and trust-minimized, ensuring robust security and integrity.