1. What is $BTTC ?
BitTorrent Chain ($BTTC ) is an advanced decentralized framework that bridges the gap between diverse blockchain networks. This protocol enables seamless interoperability across TRON, Ethereum, and Binance Smart Chain (BSC), offering swift, secure, and economical cross-chain transactions and smart contract functionality.
2. Core Features of $BTTC
Cross-Chain Integration: Simplifies asset transfers and trading across blockchains like TRON, Ethereum, and BSC.
Minimal Transaction Costs: Employs a highly efficient mechanism to keep transaction fees low.
Exceptional Scalability: Handles a significant number of transactions per second (TPS), ensuring compatibility with dApps and DeFi ecosystems.
3. The Role of BTTC Token
Primary Functions: BTTC serves a vital role within the BitTorrent network by:
Covering transaction fees on the BitTorrent Chain.
Enabling staking to participate in the network's Proof-of-Stake (PoS) mechanism.
Rewarding validators and delegators who contribute to the network's security and functionality.
Governance Rights: Token holders actively influence network decisions, including upgrades and improvements.
Tokenomics Overview:
The total supply is designed strategically to fuel staking rewards, support development, and incentivize the community.
Circulating supply adjusts dynamically based on token utilization and market factors.
4. Connection Between BTTC and BTT
Although distinct, BTTC and the BitTorrent Token (BTT) are interconnected. Initially, BTT was introduced as a TRC-10 token on TRON, tailored to enhance BitTorrent’s ecosystem functionalities. With the launch of BTTC, BTT was upgraded to a TRC-20 standard. Both tokens now work in tandem to strengthen the BitTorrent and BTTC networks.
5. Applications within the BitTorrent Ecosystem
Rewards for file sharing and decentralized storage via platforms like BitTorrent Speed.
Powering cross-chain DeFi transactions and asset swaps within the BitTorrent Chain.
Enabling decentralized governance participation and staking for network security and rewards.
BTTC is not just a protocol; it’s a gateway to the future of blockchain interoperability, redefining what’s possible in the decentralized world.
