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Threshold Proofs

Definition

Threshold proofs are cryptographic schemes that require a minimum number of participants to cooperate to generate a valid proof or signature. This security mechanism distributes trust among multiple entities, ensuring that no single point of failure can compromise the system. For instance, a (t, n) threshold scheme requires ‘t’ out of ‘n’ total participants to sign a transaction or verify a computation. This approach enhances resilience and security by decentralizing control over critical operations. It provides a robust defense against collusion or individual compromise.