NuCypher (aka Threshold Network)
ActiveNetwork for decentralized threshold cryptography and end-to-end…
What it does
NuCypher is one of two founding teams of the Threshold Network, which hosts tBTC, TACo, Random Beacon & tUSD. Since 2017, NuCypher has pioneered cryptographic primitives for end-to-end encrypted data sharing, including Proxy Re-Encryption and Threshold Access Control (TACo), novel cryptoeconomic mechanisms (e.g. Stable Yield). and original network/governance architectures (including a historic on-chain merger). TACo, our flagship product, is running on over 120 nodes with ~$80m of associated economic security, has paying adopting developers and major infrastructure partners (Ceramic, Irys, Textile, Unlock), and has been decentralized from genesis (mainnet launch in Jan 2024).
Its site says now · captured 2026-08-23
Threshold Network: The Standard for Bitcoin Finance
Threshold powers tBTC, the decentralized tokenized Bitcoin onchain. Move BTC across ecosystems securely for multi-chain Bitcoin finance.
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