Threshold Network
Current price
$0.00478
−7.18%24h
LiveUpdated 16s ago
TodayThreshold Network drops 7.2%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.62%
- 24 hours−7.18%
- 7 days−8.60%
- 30 days+0.95%
- 1 year−61.86%
Threshold Network's move in context
Lagging the market today
−7.18% today against −3.24% for the market as a whole, a gap of 3.9 points. A gap this wide suggests something specific to Threshold Network may be moving it, not just the market mood.
Trend has turned
−8.6% over 7 days and +0.9% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Threshold Network
Overview
The Threshold Network is a decentralized protocol designed to facilitate secure and privacy-focused transactions within the cryptocurrency ecosystem. The core mission of Threshold is to empower users by providing them with a platform that allows for the seamless transfer and management of digital assets while maintaining privacy and security. Its distinguishing features include advanced cryptographic techniques that enhance security and privacy, as well as a focus on decentralized finance (DeFi) applications. The network aims to bridge the gap between traditional finance and cryptocurrency by offering affordable and efficient services to users across the globe.
Technical Features
Threshold Network employs a robust consensus mechanism that combines elements of proof-of-stake (PoS) and decentralized validation. This hybrid approach enhances the network's security while ensuring that transactions are processed quickly and efficiently. The security model of Threshold is built on cutting-edge cryptographic principles, including threshold cryptography, which distributes trust among multiple parties and enhances resilience against attacks. The network architecture is designed to be scalable and modular, allowing for easy integration with other applications and systems. Additionally, Threshold utilizes unique algorithms that optimize transaction speed while maintaining a high level of security, enabling it to support a variety of use cases within the blockchain ecosystem.
Use Cases
The primary use cases for Threshold Network span a range of applications within the decentralized finance (DeFi) sector. Users can utilize Threshold for secure and efficient cross-border payments, leveraging its low transaction fees and fast processing times. Furthermore, the platform supports governance features, providing users a voice in the decision-making process of the network. The ability to create and trade non-fungible tokens (NFTs) is another key application, allowing artists and creators to sell their digital creations securely. Additionally, Threshold facilitates smart contract functionality, enabling developers to build decentralized applications (dApps) that can operate autonomously and transparently without intermediaries.
Development Background
Threshold Network was established by a diverse group of developers and blockchain enthusiasts who recognized the need for a more secure and private way to transact with digital assets. The project was built upon previous innovations in the field of cryptography and decentralized finance. Significant contributors include experts in cryptography, system architecture, and user experience design, all of whom have brought their expertise to enhance the platform's development. Since its inception, the Threshold Network has undergone several phases of development, including successful funding rounds and partnerships with other blockchain projects. These milestones have propelled the network forward and solidified its position within the crypto space.
Community and Ecosystem
Threshold Network boasts a vibrant and growing community of developers, users, and advocates who are dedicated to its mission. The ecosystem is supported by various partnerships with established projects and organizations within the blockchain realm, enhancing its reach and functionality. Developers are encouraged to create and deploy applications on the Threshold Network, leveraging its unique features and capabilities. As a result, numerous projects have emerged in the ecosystem, ranging from DeFi solutions to NFT marketplaces, further enriching the community and driving engagement among users.
Future Potential
The future potential of Threshold Network is significant, given its innovative technology and diverse use cases. As demand for privacy-focused and efficient solutions continues to grow, the network is well-positioned to meet these needs. Upcoming features noted on its roadmap include enhanced scalability solutions and interoperability capabilities, which will allow for seamless integration with other blockchain networks. These advancements are expected to drive user adoption and expand the use cases for Threshold, ultimately contributing to a more decentralized and secure financial system.
Threshold Network market
- Position by market cap among the coins we track.
- #221
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $53.32M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.00471High $0.00518
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.2269
- Now 2% of itReached 2 Mar 2022 · Needs +4,648% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 11.16B T
- 100% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 11.16B T
- The most coins that can ever exist. Some coins have no limit.
Threshold Network converter
1 Threshold Network = $0.00478
