> For the complete documentation index, see [llms.txt](https://docs.threshold.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.threshold.network/readme.md).

# What is the Threshold Network?

**Threshold Network powers tBTC, the Bitcoin standard in finance, and the most decentralized 1:1 tokenized Bitcoin.**

tBTC enables Bitcoin liquidity to move seamlessly across chains without compromising settlement finality. Built on threshold cryptography and secured by a rotating network of independent node operators, it distributes control of Bitcoin so that no single entity can act alone on funds.&#x20;

This structure upholds Bitcoin’s core principles of being trust-minimized, permissionless, and censorship-resistant while maintaining a direct and verifiable path back to native Bitcoin. No complex staking mechanics needed.

Threshold Network's [T token](/t-token.md) is the value accrual and governance asset for the network.

{% hint style="info" %}
Threshold Network has been managed by **Threshold Labs (TLabs) since February 2025,** following the approval of DAO proposals [TIP-098](https://forum.threshold.network/t/tip-098-the-future-of-threshold/1012) and [TIP-100](https://forum.threshold.network/t/tip-100-the-future-of-threshold-continued/1033). Threshold Labs, led by *MacLane Wilkison and Callan Sarre,* handles operations, development, and growth of the protocol and tBTC.
{% endhint %}


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