BitTorrent Chain ($BTTC is the native cryptocurrency of the BitTorrent Chain ecosystem, designed to power a decentralized file-sharing protocol and support cross-chain blockchain communication. BTTC is associated with the widely-used BitTorrent platform, originally a peer-to-peer (P2P) file-sharing service.
Key Features of BitTorrent Chain (BTTC):
1. Purpose:
Powers the BitTorrent ecosystem for decentralized storage and file sharing.
Supports cross-chain transactions and interoperability.
2. Blockchain Technology:
Operates on the Tron network while supporting Ethereum and Binance Smart Chain (BSC), enabling seamless cross-chain interactions.
3. Decentralized File Sharing:
Facilitates decentralized storage and sharing of large files across the network. Users can pay in BTTC to prioritize uploads or downloads.
4. Use Cases:
Incentivizing file seeding and data storage.
Enabling decentralized applications (dApps) to use the BitTorrent Chain for efficient file-sharing solutions.
5. Speed and Scalability:
Provides high-speed, low-cost transactions while ensuring scalability for massive data storage and sharing requirements.
6. Integration with BitTorrent Services:
Integrated into services like BitTorrent Speed and BitTorrent File System (BTFS), encouraging adoption by millions of BitTorrent users globally.#BinanceSquareFamily #bttc🤓
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