BitTorrent Chain (BTTC): Evolution in the Cryptocurrency Market

BitTorrent Chain (BTTC) is an evolution of the popular BitTorrent platform, which, thanks to its integration with blockchain technology, changes the way data is stored and transferred. The introduction of BTTC and the BitTorrent token (BTT) is a response to the growing demand for decentralized services with high scalability and low costs.

The History and Development of BTTC

The BitTorrent platform, known for sharing files in P2P networks, was acquired in 2018 by the Tron Foundation, led by Justin Sun. As a result, BitTorrent gained new technological capabilities, including integration with the Tron blockchain and the issuance of the BTT token. The token is based on the TRC-10 standard and has a maximum supply of 990 trillion units. Its main use is to support the BitTorrent Speed ​​system and future solutions, such as the decentralized file storage system BTFS.

BitTorrent Chain and Interoperability

BTTC was designed as an interoperability layer enabling the transfer of assets between blockchains such as Tron, Ethereum, and Binance Smart Chain. This technology, based on the proof-of-stake system, allows for fast (approx. 7 thousand transactions per second) and cheap operations between networks. In addition, BTTC uses a "lock-and-mint" model, which secures assets on one blockchain while enabling their issuance on BTTC.