Threshold Network Logo

Threshold Network T

Threshold Network header image

1. Summary

Ranks

Liquidity
97
Developer
59
Social
75
Momentum (beta)
79
Stack Rank™
72
Price
$0.02 -0.7%
Market Cap
$222.41M (#229)
Supply
9.67B / 11.04B
Price
52W High price $0.06
52W High date 27th Mar 2024 (2 months ago)
All Time High (ATH) Date 2nd Mar 2022 (2 years ago)
ATH Price $0.23
% From ATH -83.24%
All Time Low (ATL) Date 29th Dec 2022 (1 year ago)
ATL Price $0.01
% From ATL 158.17%
Supply & Trading Volume
Trading Volume (24h) $4.80M
Total Supply 11.04B
Circulating Supply 9.67B
Description

Threshold Network is a project that combines the resources from the NuCypher and Keep networks to provide decentralized threshold cryptography solutions for 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 Network is a project that combines the resources from the NuCypher and Keep networks to provide decentralized threshold cryptography solutions for 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.

Operations

This technology distributes sensitive operations across multiple independent entities, like nodes in a network, and requires a minimum number of those entities to cooperate for the operation to be successful. Threshold cryptography uses a "secret sharing" mechanism, where the secret key is split across multiple parties. Then, if some (up to a certain threshold) of these parties are corrupted, the key secrecy remains uncompromised.

Key Characteristics

  • Fault-tolerance: Threshold cryptography ensures that even if one or more individuals are unavailable, the secret can be unlocked and doesn’t cause bottlenecks. This makes the system fault-tolerant.
  • Minimum threshold: The threshold number is set up so as to reflect a majority of a given cluster. For example, a cluster of 10 may have the threshold set at 7, meaning that a minimum of 7 cluster participants will need to cooperate for a decryption to be successful.
  • Collaboration without complete key visibility: Threshold cryptography ensures that collaboration can take place while maintaining informational privacy, without requiring keyholders to see one another’s parts of the key.

Applications

Threshold cryptography can be applied to any cryptographic primitive, such as key generation, signing, encryption, and decryption. This technique is useful to avoid various single-points of failure in the implementation and to distribute trust across various operators.

History

Threshold cryptography has its roots in the early 1990s and has since been adopted by various cryptographic protocols for different purposes, including secure multi-party computation, trusted setups, and replacing MultiSig applications.

2. Price

T

2.1. Market Performance

How does Threshold Network's (T) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

15.8%

T

9.1%

Similar Market Cap

60 Day Return

12.3%

T

-4.8%

Similar Market Cap

1 Year Return

36.2%

T

111.4%

Similar Market Cap

3. Developer Activity

We're monitoring 29 Threshold Network GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Threshold Network Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 38 commits vs. an average of 8
  • Past year: 170 commits vs. an average of 135

Most Active Repos

Past week 55
Past 12 weeks 220
Past year 328
Past week 65
Past 12 weeks 156
Past year 243
Past week 7
Past 12 weeks 21
Past year 23
Past week 0
Past 12 weeks 0
Past year 13
Past week 7
Past 12 weeks 7
Past year 7
Past week 1
Past 12 weeks 1
Past year 1

Top Developers 2024

In total, 71 developers have contributed to Threshold Network over the past year. Who are the most active Threshold Network developers, by commits, over the past year?

Related Projects

Developers working on Threshold Network also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 7,624
Active Discord Users 781
Telegram Users
Twitter followers 37,147
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://threshold.network/
Explorer https://etherscan.io/token/0xcdf7028ceab81fa0c6971...
Twitter @TheTNetwork

What is the correct contract address for Threshold Network?

Ethereum 0xcdf7028ceab81fa0c6971208e83fa7872994bee5

Has Threshold Network been audited for security?

No security audits found for this project.

Are you the owner of Threshold Network? Edit it here

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