- #239
Threshold Network Token T
T Price
Market Cap
$341.53 MRank #239FDV
$375.85 MRank #326Investors
X Followers
Detailed Performance
T shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
T to USD Converter
Price History
- All-Time High
- $0.22596.63x to ATH
- All-Time Low
- $0.014672.32x to ATL
- Trade Launch Date
- 3 Jan, 2022
1065 days ago
Exchanges
Exchanges type
About T
The Threshold Network Token (T) is the native cryptocurrency of the Threshold Network. It is used for various purposes within the network, including participating in the decentralized autonomous organization (DAO) governance, voting on network decisions, and accessing network services. The T token is based on the merged tokens of Keep and NuCypher, which formed the Threshold Network.
What makes Threshold Network Token unique?
Threshold Network Token (T) is unique compared to other cryptocurrencies in several ways:
1. Secure and Private: Threshold Network leverages threshold cryptography to protect digital assets, ensuring the security and privacy of transactions on the network. Cryptographic protocols are used to eradicate trust burdens and provide privacy on the public blockchain.
2. Decentralized Governance: The Threshold DAO is a decentralized community of T token holders and their delegates who collectively vote to decide the future direction of the network. This ensures that the network is governed by its community, promoting decentralization and inclusivity.
3. Splitting Cryptographic Operations: The network increases security and availability by splitting cryptographic operations across multiple nodes. This reduces trust assumptions and enhances the overall security of the network.
4. Active Community: Threshold Network is supported by an active community that actively participates in the governance and development of the network. This community-driven approach ensures that the network remains responsive to the needs and preferences of its users.
5. Collaboration with Keep and NuCypher: Keep and NuCypher merged to form the Threshold Network, combining their expertise and resources. This collaboration brings together the strengths of both projects and enhances the capabilities of the network.
6. Use of Threshold Cryptography: Threshold Network utilizes threshold cryptography, which requires a threshold number of independent parties to cooperate in order to perform cryptographic operations. This increases the security of the network and reduces the risk of single points of failure.
Overall, the unique combination of security, privacy, decentralized governance, and collaboration with other projects sets Threshold Network Token apart from other cryptocurrencies.
Live Threshold Network Token Price Data
The current price of Threshold Network Token (T) is approximately $0.03406, reflecting a increase of 4.80% in the last 24 hours. The T trading volume in the last 24 hours stands at $78.31 million. Threshold Network Token's market cap is currently $341.53 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of T is 10.03 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Threshold Network Token's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on T, check out our crypto insights page.
Official Links
T to USD Converter
Price History
- All-Time High
- $0.22596.63x to ATH
- All-Time Low
- $0.014672.32x to ATL
- Trade Launch Date
- 3 Jan, 2022
1065 days ago