Threshold Network (T) is a blockchain project focused on offering decentralized data privacy solutions. It aims to enable secure and confidential data collaboration without compromising data integrity.
Threshold Network leverages Trusted Execution Environments (TEEs), which are secure enclaves within a processor that can execute code while protecting data confidentiality. This allows for the computation of sensitive data without revealing the underlying information.
Thresholds utilizes a cryptographic technique called threshold signatures. This allows multiple parties to jointly sign a message without needing to share their private keys, enhancing security and reducing the risk of single points of failure.
T, the native token of Threshold Network, allows token holders to stake their tokens to participate in the network's distributed key generation (DKG) process and earn rewards. The token can also used to pay fees for computations on confidential data within Threshold Network dApps.
