Threshold
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Threshold
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About & Links
About & Links
Threshold Network is a blockchain protocol focused on digital privacy and interoperability. It offers solutions like cryptography for secure transactions and cross-chain bridges for communication between different blockchains.
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Threshold Network Update
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AccountBalanceQuery feature will be deprecated upon release of Consensus Node software version v0.77, with users advised to migrate to the Mirror Node REST API for retrieving account balances 1. This matters because it signals an infrastructure transition that integrators relying on the legacy query method must complete to avoid disruption 1.Biggest Stories of 2025
- Reduce Governor Bravo Voting Period (TIP 108): The Threshold DAO approved a reduction of the Governor Bravo voting period from nine days to seven days to enable more agile decision-making. (December 31, 2025) 2
- tBTC 2025: In Review: A year-end retrospective reported cumulative transaction volume of 26,355 BTC, with TVL peaking at 6,500 BTC on October 8 and total supply reaching a USD high of $806,124,000. (December 30, 2025) 3
- Reduce Redemption Default Delay (TIP-072v3): A proposal was introduced to cut the default redemption delay from 2 hours to 15 minutes and set a 5 BTC waived amount limit for instant finalization. (December 14, 2025) 4
- Immunefi Partnership: Threshold announced a renewed collaboration with Immunefi to expand security review and vulnerability disclosure coverage across newly released applications and its website. (December 13, 2025) 5
- November 2025 Recap: The month featured an updated Threshold App enabling gasless tBTC minting and direct redemptions, a redesigned website, an Alea Research analysis, and Mustang Finance's integration of tBTC for lending and borrowing. (December 10, 2025) 6
- The Future of Threshold: Building the Bitcoin Economy: An article detailed Threshold's strategic repositioning and rebranding to emphasize its role as a trusted provider of wrapped Bitcoin (tBTC) for both institutional and retail audiences. (December 1, 2025) 7
- Direct and Gasless tBTC Minting: Threshold introduced protocol updates and a redesigned brand, adding gasless minting and direct redemptions across Ethereum, Layer 2s, and non-EVM chains. (November 11, 2025) 8
- Simplifying Bitcoin Onchain Access: Threshold expanded access to Bitcoin through tBTC with a new institutional-focused website and an enhanced app supporting direct, gasless minting and redemption across multiple chains. (November 11, 2025) 9
- October 2025 Recap: Milestones included minting over 25,000 tBTC, reaching $4.6 billion in bridge volume, and filling $50 million in tBTC deposits on Yield Basis within an hour. (November 4, 2025) 10
- Threshold Network Co-Founder T Token Acquisition: Co-founder MacLane Wilkinson disclosed acquiring more than 2% of the total T token supply, approximately 223.1 million T. (October 8, 2025) 11
- September 2025 Recap: tBTC supply hit a new all-time high of 6,334 with TVL of approximately $785 million, ranking third on Wormhole, alongside participation in Korea Blockchain Week and Token2049 Singapore. (October 7, 2025) 12
- tBTC on Sui (Phase 2): Phase 2 added Wormhole integration for Ethereum–Sui transfers, the AlphaFi Auto-Looping Vault, and additional tBTC pool pairs on Bluefin. (September 3, 2025) 13
- Delayed Redemption Requests: Approximately a dozen BTC redemption requests were delayed due to RPC rate limits affecting the maintainer bot; the issue was resolved by switching endpoints. (July 22, 2025) 14
- tBTC on Sui (Launch): tBTC went live on Sui via integrations with Bluefin, AlphaFi, Bucket, and AlphaLend, making Sui the first non-EVM chain to support direct tBTC minting. (July 7, 2025) 15
- tBTC on Starknet: tBTC launched on Starknet with native minting via the Threshold UI and bridging from Ethereum. (June 11, 2025) 16
- Threshold Labs Year-1 Budget & Milestones (TIP 104): The community approved a 12-month budget of $2.58 million for project team funding. (May 28, 2025) 17
- Threshold Committee Election - First Epoch: The DAO elected nine members to the newly formed Threshold Committee, a five-of-nine multisig replacing the previous Council and Treasury Guild. (April 22, 2025) 18
- Threshold Committee Election Nominations: A proposal to nominate the inaugural Threshold Committee through a structured election process was introduced. (March 29, 2025) 19
- Restructuring of Threshold DAO Committees and Roles (TIP 103): A proposal was introduced to consolidate the Treasury Committee and Council into the Threshold Committee, reducing annual costs by approximately $1.1 million. (March 17, 2025) 20
- The Future of Threshold, Continued (TIP 100): The proposal passed with 100% of votes in favor, restructuring the DAO to focus exclusively on scaling tBTC and transitioning Threshold into a dedicated tBTC appchain. (February 17, 2025) 21
- The Future of Threshold, Continued (TIP 100) Discussion: MacLane Wilkison opened a forum discussion to expand tLabs' role and restructure the DAO, with TACo becoming an independent network. (February 1, 2025) 22
- The Future of Threshold (TIP 098): Voting ended with the proposal passing at 99.73% in favor, establishing tLabs to lead protocol, product, business development, and marketing functions for tBTC. (January 24, 2025) 23
- The Future of Threshold (TIP 098) Proposal: Voting began on a proposal to establish tLabs and mint approximately 1.12 billion T tokens (10% dilution) to fund it. (January 17, 2025) 24
About & Links
About & Links
Threshold Network is a blockchain protocol focused on digital privacy and interoperability. It offers solutions like cryptography for secure transactions and cross-chain bridges for communication between different blockchains.
Threshold Profile
Threshold Profile
Keep Network and NuCypher independently emerged as privacy protocols with a similar goal: securing users' private data on public blockchains. Keep, launched in 2017, specializes in encrypting and storing private data on off-chain containers, easily accessible by smart contracts while barring a compromise of users' privacy. NuCypher, through its cryptographic infrastructure, provides privacy tools that manage secrets across dynamic environments, allow/deny access to sensitive data, and process encrypted data while preserving confidentiality.
In March 2021, the teams of both protocols presented a proposal to their communities - an on-chain hard merger that would see NuCypher's privacy tools run on top of Keep's infrastructure, creating more room for censorship-resistance, user privacy and decentralization. By June 2021, the merger proposal, codenamed KEaNU, was voted in and the merging process kicked off.
Through the following months, the smart contracts for the Threshold network were audited by ChainSecurity and Certik, a governance structure modelled after Compound's GovernorBravo was set up and implemented, and the T token became available for NU and KEEP holders to wrap.
It is important to note that although the two teams are now collaborating on developing the Threshold network, the legacy networks would continue to exist independently. As such, stakers and other participants of the Keep and NuCypher network may choose to remain on their original networks and opt into Threshold when they feel comfortable doing so.