Market cap
$54.69M
1.92 %
Volume (24h)
$4.95M
1.92 %
Circulating supply
10,132,205,877 T
Total supply
11,155,000,000 T
Max. supply
11,155,000,000 T
Threshold Network Token (T)
$ 0.01
1.92 %
Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$54.69M
Volume 24h$4.95M
Circulating supply10.13B91% of max 11.16B
Threshold Network Token (T) is a cryptocurrency that powers the Threshold Network, a decentralized platform focused on privacy and security. It enables users to participate in cryptographic protocols like threshold cryptography and decentralized custody. Simply put, T is the backbone of a network that enhances privacy and security in blockchain transactions.
Frequently asked questions
What is Threshold Network Token (T) and how is it different?
Threshold Network Token (T) is a utility token designed for privacy and security applications on the Threshold Network. Unlike many cryptocurrencies, it focuses on threshold cryptography, enabling decentralized control over private keys and secure multi-party computation.
How does the Threshold Network technology work?
The Threshold Network uses threshold cryptography, which splits private keys into multiple parts, requiring a predefined number of participants to collaborate for transactions. This ensures enhanced security and privacy by decentralizing control.
How is the Threshold Network Token (T) issued?
T tokens are issued through a decentralized mechanism involving staking and participation in network activities. The total supply is capped, and tokens are distributed to incentivize network security and user participation.
How can I store and use Threshold Network Token (T)?
T tokens can be stored in any Ethereum-compatible wallet. They are used to participate in network activities, such as staking, voting, and accessing privacy-enhancing features of the Threshold Network.