Threshold Network to Launch Bitcoin Finance Platform on November 11

Threshold Network has announced the launch date of its upcoming initiative aimed at redefining how Bitcoin operates within decentralized finance. The project, set to go live on November 11, is presented as “The Standard for Bitcoin Finance”, emphasizing enhanced Bitcoin usability across major financial markets.

T Info

Threshold (T) is a project merged from the NuCypher and Keep networks, which strives to provide different threshold cryptography solutions in a fully decentralized manner to the web3 community. Threshold cryptography is a technology that uses cryptography to unlock greater utility and usability for digital assets without needing to trust a centralized party. Threshold cryptography distributes sensitive operations across multiple independent entities – like nodes in a network – and requires a threshold, or minimum number of those entities to cooperate for the operation to be successful.