Real-time price analysis T
The current real-time threshold price is $0.0289and its trading volume is equal to US$13,322,341 in the last 24 hours. Price T has grew by
0.87%
on the last day and increased by
0.30%
in the last 7 days. It is important to note that Threshold’s current market capitalization is US$277,398,267Speaking of negotiable supply, T has 9 591 895 882 coins. Threshold’s current market rating is #201.
Threshold price today
87.12%
below
always on top and that’s it
794.68%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling T are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is threshold (T)?
Threshold (T) is a proprietary asset for the platform of the same name. It acts like utility and governance token for the Threshold ecosystem. The decentralized Threshold network emerged from the merger of the NuCypher and Keep blockchains.
Threshold is a platform for data storage and blockchain security solutions. It provides offline data storage and access control. The platform also contains TBCT, a decentralized bridge between Bitcoin (BTC) and Ethereum (ETH). All data on Threshold price dynamics are available in the chart above.
What is the history of the Threshold?
The Threshold crypto ecosystem was launched on January 1, 2022, following two decentralized protocols: Keep Network (KEEP) and NuCypher (NU) – were united. Keep Network provided data storage and encryption services, and NuCypher was a provider of decentralized privacy solutions. The asset is moderately volatile and experiences frequent price fluctuations.
Like the two platforms, Threshold is focused on blockchain security and privacy. This allows smart contracts to manage encrypted data that is stored in off-chain storage facilities known as vaults.
The NuCyper and Keep Network communities voted on the proposed protocol changes. The vote determined that the threshold price for NU and KEEP would be 3.26 T and 4.78 T, respectively. Stakeholders NU and KEEP were transferred to Threshold without losing their income.
Around the time of launch, Threshold’s price was around $0.13. This counts relatively new token within the crypto industry. However, as the successor to Keep and NuCypher, it is expected to be recognized in the market.
What are the main characteristics of a threshold?
The maximum supply of Threshold tokens is 10 billion. Of this amount, 1 billion assets were allocated to the network. decentralized autonomous organization (DAO). The remaining 9 billion was equally divided between NU and KEEP token holders. The asset is deflationary and the price of T is expected to rise as supply becomes more scarce.
One of the key features that Threshold offers is a bridge between the Bitcoin and Ethereum blockchains. Threshold hosts tBTC, an unauthorized tokenized version of Bitcoin. Since the Bitcoin blockchain does not support smart contracts, tBTC can be used in Ethereum-based decentralized applications (dApps) without compromising asset security.
Cryptographic primitives – low-level algorithms used to develop cryptosecurity protocols – are part of Threshold storage technology. The technology used by Threshold is appropriately called threshold cryptography. It decentralizes the process of decrypting digital assets and requires a minimum threshold of network nodes that interact to reach consensus.
Another innovative technology used by Threshold is Proxy Re-Encryption (PRE) service. This allows users to have full control over their sensitive data. This allows data to be available on public blockchains without revealing it to outside parties.
Threshold also offers a range Blockchain-based DeFi solutions, including digital asset management, staking and farming. Users can lock their assets in a smart contract to receive passive rewards.
The network is protected using Proof of Stake (PoS) consensus algorithm. Users can stake their Threshold coins as data validators. Contributions from growing crops and operating network nodes are incentivized through threshold rewards. The price value T obtained from transaction fees is used for rewards.
The threshold also acts as a network control token. This feature is carried over from the NuCypher and Keep networks. This ensures that the blockchain maintains its decentralization. Users can make suggestions and vote on changes to the protocol.
Since the platform was launched after the merger, NU and KEEP token holders can convert their assets into T. There is no deadline for users to convert their assets. The conversion threshold price remains unchanged to ensure fair exchange rates.
What is Threshold’s trading volume in the last 24 hours?
T has trading volume US$13,322,341 in the last 24 hours.
What is the highest price for Threshold?
T has the highest price $0.2245which was achieved at March 02, 2022 (1 year 11 months ago).
What is the lowest price per threshold?
T has the lowest price $0.0032which was achieved at December 11, 2022 (1 year 2 months ago).
Which exchanges are best for buying and selling T?
Currently the most active and dominant exchanges for buying and selling Threshold are Binance, Kraken & Kucoin. The most popular Threshold trading pairs T/VON
(on
Upbit
),
T/USDT
(on
Binance
),
T/USDT
(on
DigiFinex
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
Which hardware wallets are the most secure for storing T?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Threshold. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
Threshold related pages
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
