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Threshold Network ✜ Profile picture
Threshold Network ✜
@TheTNetwork
A decentralized threshold cryptography network + the home of @tBTC_project + @ThresholdAC + @ThresholdUSD⚡️ https://t.co/mtoQqIRpZz
Jan 6, 2023 • 25 tweets • 16 min read
@mhluongo and @MacLaneWilkison (co-founders of @keep_project & @NuCypher) chatted with @laurashin on @Unchained_pod about everything tBTC and #Bitcoin bridges.

A summary of what was discussed 🧵 @tBTC_project is a decentralized BTC bridge to #Ethereum that was launched in 2020 on the @keep_project Network.

It faced tough competition from centralized providers such as WBTC & renBTC and ultimately, v1 was just not scalable.

#tBTC v1 peaked at 1800 #BTC under management.