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Threshold Network

Threshold Network

Threshold Network offers cryptographic services to empower user sovereignty on public blockchains. Its flagship product, tBTC, is a decentralized bridge that allows Bitcoin to be used on the Ethereum network, enabling BTC holders to access DeFi opportunities without relying on centralized intermediaries.
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Description

Threshold Network provides a suite of cryptographic primitives for public blockchains. It was formed through the merger of the Keep Network and NuCypher. The network's flagship product is tBTC, a decentralized and permissionless bridge between Bitcoin and Ethereum, allowing users to mint tBTC, a token fully backed by BTC, for use in DeFi applications. Threshold is governed by a decentralized autonomous organization (DAO) where T token holders can participate in decision-making regarding the network's future.