Tron announced via a tweet that the cross-chain scaling solution BitTorrent Chain (BTTC) has officially launched and the testnet is now live. BTTC is compatible with Tron, Ethereum, and Binance Smart Chain (BSC), and in the future, it will also be compatible with more public chains, gradually achieving interconnectivity among thousands of chains. Additionally, Tron will invest a total of $1 billion to encourage Ethereum projects to migrate to BTTC.

It is reported that BTTC is jointly developed by the core teams of BitTorrent and Tron, and is the industry's first heterogeneous cross-chain interoperability scaling protocol. The protocol adopts a POS (Proof of Stake) consensus mechanism, deploys multi-node validation, facilitates off-chain matching through side chains, and supports smart contract expansion, boasting core advantages such as heterogeneous cross-chain capabilities, fast transmission speeds, low transaction costs, and asset security.
According to a previous open letter to the community by Tron founder Justin Sun (regarding Tron's new vision and the official launch of BitTorrent Chain), BTTC is fully decentralized, allowing global users to directly transfer mainstream assets across Tron, Ethereum, and Binance Smart Chain (BSC) in an unrestricted decentralized manner.
In addition, BTTC, as a second layer network compatible with both the Tron protocol and the Ethereum protocol, is fully EVM compatible. Any EVM developer can easily migrate their Ethereum applications to the BitTorrent Chain, providing high-speed scaling for the Ethereum network. With the release of BTTC, Tron will form an ecological closed loop consisting of a layer network, a second layer network, and complete cross-chain communication, featuring a solid underlying network for global human settlement and a high-speed, fully EVM-compatible heterogeneous scaling cross-chain network BitTorrent Chain, which can communicate with mainstream layer one networks such as Ethereum and BSC. Notably, at the same time, BTTC nodes will conduct validator elections on the Tron network. Similar to the Tron protocol, anyone can participate in BTTC's node election, and BTT holders can vote freely and earn staking rewards through voting. It is important to note that the number of open nodes is limited, and once the upper limit is reached, the election function will close. Users who successfully become validators can earn a certain amount of BTT income and participate in community governance.
It is reported that Tron is one of the top three public chains in the world, and also one of the largest blockchain-based operating systems globally. Since its establishment, its ecosystem has developed rapidly, with a total user base exceeding 58 million, over 2.5 billion total transactions, and a total locked value (TVL) exceeding $11.5 billion. Compared to traditional financial transfer networks, Tron's daily settlement amount has reached five times that of global electronic payment giant Paypal.
Moreover, Tron is actively innovating in the underlying technology of NFTs, having launched the first NFT standard TRC-721 in March of this year, and optimized the world's largest distributed storage system BTFS, providing a comprehensive and efficient infrastructure for the NFTization and blockchainization of artistic works. Now, the Tron ecosystem has fully blossomed.
The official launch of BTTC and the commencement of the testnet marks Tron's and BitTorrent's formal entry into the cross-chain field, heralding the arrival of a new era!