BitTorrent Chain (BTTC) is a decentralized ecosystem built on blockchain technology, developed to enhance the BitTorrent protocol for peer-to-peer (P2P) file sharing. It was launched by the TRON Foundation in collaboration with the BitTorrent team.

Key Information About BTTC:

1. Purpose and Development:

BTTC was created to make file sharing faster, more secure, and decentralized.

It incorporates smart contracts to enable seamless blockchain integration.

2. BitTorrent Chain Features:

It is a cross-chain protocol that allows interaction between different blockchains like TRON, Ethereum, and Binance Smart Chain (BSC).

Enables decentralized applications (dApps) to operate across networks.

3. Token Swap and Renaming:

In late 2021, BitTorrent upgraded its token system.

The original BTT token was renamed BTTOLD.

A new token, BTTC, was issued at a 1:1000 ratio (1 old BTT = 1000 new BTTC).

4. Core Functions of BTTC:

File Sharing: Incentivizes users to share files on the BitTorrent network.

Staking: Allows users to earn rewards by locking their tokens in the network.

Transaction Fees: Used as a payment method for transactions on BTTC-based applications.

5. Total Supply:

The maximum supply of BTTC is 990 trillion tokens, following the token upgrade.

6. Trading and Investment:

BTTC is listed on major exchanges like Binance, KuCoin, and Gate.io.

Its low price due to high supply makes it an attractive long-term investment for some.

Benefits of BTTC:

Low transaction fees.

Cross-chain compatibility, enhancing liquidity and usability.

Backed by the efficient and fast TRON blockchain.