$BTTC is #Burn
#Write2Earn #Write2Earn! #BinanceHODLerPLUME #MarketPullback
You asked: “BTTC is burn its true or false”—so let’s clarify:
Is BTTC Being Burned?
True. The BitTorrent Chain (BTTC) token is actively undergoing token burns as part of its supply-management strategy. Here's what’s been confirmed:
---
Key Details on BTTC Token Burns
Confirmed Burns (Released Recently)
Over 575 billion BTTC tokens—representing more than 58% of the total supply—have already been permanently removed from circulation through burning.
A planned additional burn of 3 trillion tokens is scheduled for future phases as outlined in the BTTC DAO roadmap.
Mechanism and Ongoing Strategy
BTTC employs a "Black Hole Wallet" mechanism and uses smart contracts for annual burn events (notably tied to July 2, the anniversary of BitTorrent’s launch). The Black Hole Wallet also enables continuous, year-round burning.
The burn system is DAO-governed and transparent, aimed at reducing supply to potentially enhance utility and value.
Alternative Context: BTT vs. BTTC
Sometimes people confuse BTT (BitTorrent Token) with BTTC (BitTorrent Chain token). BTT previously had massive burns—e.g., over 580 billion BTT burned as part of redenomination plans when migrating to BTTC.
---
Summary: Is "BTTC is burning" True or False?
True. BTTC is actively burning tokens through an announced, structured, and transparent process—more than 58% of the supply has already been burned, with more to come.
---
If you'd like, I can also show you how this impacts the token’s price, scarcity, or roadmap—just let me know!