Threshold Network(T)

Overview

Threshold Network (T) is a project formed from the merger of the NuCypher and Keep networks, aiming to provide threshold cryptography solutions to the web3 community in a fully decentralized manner. As part of the merger, holders of the former NU and KEEP tokens were able to convert their holdings into the new T token.

Threshold cryptography distributes sensitive operations across multiple independent entities, such as nodes in a network, and requires a threshold, or minimum number of those entities, to cooperate for the operation to succeed. This approach is intended to unlock greater utility and usability for digital assets without requiring trust in a centralized party, and the T token is used for staking and governance within the network.