• NUCypher and KEEP Network merged and created the Threshold Network, a decentralized organization that addresses the myriad of privacy and security concerns in the blockchain space.
• The network’s utility and governance token, T, has seen a 146% increase in the weekly, becoming the biggest gainer in the top 100 crypto list of CoinMarketCap.
• Centralized exchange CoinBase announced the support for the Threshold token, enabling the token to gather momentum in the retail investor space.
The world of cryptocurrency has seen an immense surge of activity over the past few months, with the introduction of a number of new projects and projects merging together. This week, NUCypher and KEEP Network announced a merger that created the Threshold Network, a decentralized organization that addresses the myriad of privacy and security concerns in the blockchain space.
The Threshold Network is a protocol-level solution that is designed to give users access to secure, private, and decentralized applications. With the merger of these two networks, the Threshold Network is now one of the most advanced privacy and security protocols in the blockchain ecosystem.
The network’s utility and governance token, T, has seen a major rise in the weekly, becoming the biggest gainer in the top 100 crypto list of CoinMarketCap. The coin is up 146% in the weekly, gaining immense traction from the new developments.
The network has also gained a massive boost in adoption after Coinbase announced the support for the Threshold token. This listing would enable the token to gather momentum in the retail investor space. The dev team is also focused on developing its tBTC project, a way for Bitcoin holders to use their coins on Ethereum-based DeFi.
The Threshold Network is already making waves in the blockchain space, and with the support of Coinbase, it looks like it’s only going to get bigger and better. The team is dedicated to developing more projects and solutions to enhance privacy, security, and scalability of the blockchain. With the support of Coinbase and the growing adoption of the Threshold Network, this project is certainly one to watch.