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TürkçeThreshold Network Information
Threshold Network is an innovative platform that focuses on enhancing privacy and security for blockchain applications. By leveraging a combination of cryptographic tools, it enables decentralized threshold cryptography for various digital assets and smart contracts. This approach aims to reduce vulnerabilities and increase the resilience of blockchain infrastructures, appealing to developers and users seeking robust privacy solutions.
Understanding Threshold Network
Threshold Network is a decentralized network that provides cryptographic services for digital assets. It aims to offer privacy-preserving solutions through its unique cryptographic protocols and services. Operating with the native token symbolized as 'T', Threshold Network has carved a niche in the burgeoning cryptosphere by focusing on secure data sharing and management.
A Glimpse at Historical Performance
Initiated with significant potential, Threshold Network faced a commendable peak at its all-time high price of approximately $0.226934 on March 2, 2022. However, like many other assets across the volatile digital currency market, the coin has seen considerable fluctuations. The ATH downturn of about -89.73%, as observed today, tells of the challenging market dynamics and possibly external economic influences affecting its market position.
On the flip side, the all-time low experienced in late December 2022 was around $0.01473348, marking a strong recovery of around 58.24% from this nadir. This uptrend from its ATL might indicate that the Threshold Network community and developers have been consistently working on the network’s stability and broadening its adoption trajectory.
Advantages of Threshold Network
One of the cornerstones of Threshold Network is its strong commitment to security, particularly through threshold cryptography—a method that ensures data security and access control across decentralized environments. This capacity is crucial for enterprises that prioritize privacy and want to ensure data safety in a decentralized context.
Moreover, the network promotes innovative cryptographic techniques offering decentralized private key management, data privacy, and functionality required for next-gen decentralized applications (dApps).
Another significant advantage is its governance model, which allows token holders to participate in decision-making processes, potentially leading to a more engaged and responsive community. This participatory governance can lead to efficient resolutions and innovation-driving proposals that may favorably influence the network's long-term sustainability and evolution.
Potential Drawbacks
Despite its novel features, Threshold Network isn't without limitations. The most notable challenge lies in its price instability, a common issue shared across the crypto markets but meaningful nonetheless. The stark decline from its all-time high highlights an inherent volatility that can deter risk-averse investors.
Additionally, while threshold cryptography offers robust security, the technology itself can be complex to implement effectively. It requires high technical proficiency among developers to ensure precise encryption, which might be a hurdle for broader adoption if the learning curve remains steep.
Future Prospects
Looking ahead, Threshold Network shows promise, chiefly due to its focus on sophisticated cryptographic solutions that align with the rising global demand for data privacy and security. With regulatory landscapes evolving and more enterprises seeking decentralized solutions, there’s a growing market for secure platforms that Threshold Network can adequately address.
As blockchain technology matures, the integration capabilities of Threshold Network could potentially expand further across industries that prioritize privacy, thereby propelling its market appeal and utility.
Ultimately, while volatility and complexity challenge its current standing, the shift towards broader recognition and application of its technology might serve as a catalyst for future growth. Continued development, increased network adoption, and strategic partnerships will be key factors in determining the future trajectory of Threshold Network.
Conclusion
In conclusion, Threshold Network stands out in the digital asset landscape due to its deep commitment to privacy and robust cryptographic capabilities. Although faced with challenges, particularly in terms of market volatility, it continues to offer considerable promise for the future. Investors and users who value security and innovative blockchain solutions may find Threshold Network an intriguing prospect worth monitoring as the crypto market continues to evolve.
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General Information |
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Title
Threshold Network
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Symbol
t
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Whitepaper
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Website
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Community
-
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
0.02644985
$
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High 24h
0.02706236
$
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Low 24h
0.02496843
$
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Price Change 24h
0.00045299
$
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Price Change % 24h
1.74247
%
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Market Data |
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Market Cap
266655391
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Total Volume
13595770
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Market Cap Change 24h
4564814
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Market Cap Change % 24h
1.74169
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
10074547970.909
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Total Supply
11155000000
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Max Supply
-
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Historical Data |
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All Time High (ATH)
0.226934
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ATH Change %
-88.30006
%
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ATH Date
2022-03-02 08:36
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All Time Low (ATL)
0.01473348
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ATL Change %
80.20918
%
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ATL Date
2022-12-29 02:35
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