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The Threshold (T) project is a merger of two projects – the KEEP network and the NuCypher. Both these technologies are involved in building sustainable and blockchain-driven privacy solutions for users. While both these networks have their own native tokens already, the goal of the T network is to allow smart contract access. Threshold will also, eventually, be able to manage encrypted data for users in a decentralized framework.
Threshold is an incredibly promising cryptocurrency. It can be used to build the next generation of decentralized applications on the Keep network, as well as the NuCypher. Along with KEEP, it could be used to store valuable and sensitive information like medical applications, records, and social media too. Creators could also have the ability to buy, sell, and trade in T coins using the Threshold network.
While Threshold aims to solve a big problem with privacy on the blockchain, experts say that it might not have a loyal user base just yet. Although this is gradually getting created, no one knows when it’ll hit the… well, threshold.
Highlight
Threshold (T) crypto is based on the idea that users using decentralized privacy solutions should be able to integrate smart contracts into them. It solves this problem by working in conjunction with some of the top privacy blockchain providers like KEEP and NU.
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CoinSwitch is the leading crypto exchange in India. It is a mobile-only crypto exchange. CoinSwitch provides you the platform to buy and sell more than 80 coins such as BTC, ETH, MATIC, ADA, and LITE.
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
