BitTorrent Officially Releases #BTFS V3.0 (Heisenberg) On ​​the #mainnet

BitTorrent has officially launched BTFS V3.0 Heisenberg on the mainnet, introducing several new features aimed at enhancing user experience, operational efficiency, and network security.

This update includes support for symmetric encryption, addressing the diverse needs of users. Following extensive community discussions on BTIP-72, the export and import of keystore files are now permitted, streamlining management and bolstering node security.

The network connection has been meticulously redesigned to ensure efficient data transfer. The update also supports batch withdrawals across multiple nodes, simplifying the mining process and boosting efficiency. BitTorrent emphasized the significance of the BTFS protocol and the advancement of decentralized networks.

A notable change to $BTTC storage rewards will take effect on June 25th, reducing the total daily storage reward to 7.5 billion BTT tokens.

Node operators are advised to update their nodes by this date.

BTFS, or BitTorrent File System, is a web application and protocol that offers a peer-to-peer addressable mechanism for sharing and storing digital content in a decentralized manner. It also serves as a foundational platform for decentralized applications (dApps). The BTFS team is exploring new network operations and market sentiments to implement dynamic adjustments, such as airdrop reward schemes and upload prices, ensuring continuous improvement and adaptation to user needs.

Source - cryptonews.net

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