About tBTC
tBTC is an ERC-20 token backed 1-to-1 by BTC. It allows bitcoin holders to act on the Ethereum blockchain and access the decentralized finance (DeFi) ecosystem. tBTC is an open-source project created by Thesis and operated by the Threshold Network.
Threshold Network
Threshold Network is a set of protocols and the node operators that back them to offer a full suite of decentralized threshold cryptography services. Threshold cryptography protects data by distributing operations across a network of independent nodes. This simple idea increases security and availability and reduces reliance on trusted parties. It was formed by the first ever on-chain merger between the Keep and NuCypher networks.
GoKeep
Keep was a privacy layer for Ethereum created by Thesis. A “keep” is an off-chain container for private data. Keeps help contracts harness the full power of the public blockchain — enabling deep interactivity with private data. The Keep network, powered by KEEP tokens, handled custodianship for tBTC v1. It has been operationally superseded by the Threshold Network for tBTC v2, an upgraded, more scalable, and more efficient version of tBTC built by Thesis and operated by Threshold since 2022.
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