BitTorrent Chain (BTTC) is a decentralized, open-source blockchain platform designed to enhance the BitTorrent ecosystem by introducing blockchain technology. BTTC aims to improve file-sharing efficiency and create a decentralized file-sharing environment.
Key Features of BTTC:
1. Decentralized File Sharing: BTTC integrates blockchain technology into the BitTorrent platform, allowing users to earn BTTC tokens as rewards for sharing files.
2. Cross-Chain Interoperability: BTTC supports interoperability across multiple blockchain networks, including TRON, Ethereum, and BNB Smart Chain, facilitating seamless liquidity movement between these chains.
3. Proof-of-Stake (PoS) Consensus: BTTC operates on a PoS consensus mechanism, enabling users to stake BTTC tokens to participate in network validation and governance.
BTTC Tokenomics:
Total Supply: 990 billion BTTC tokens.
Distribution:
Public Sale: 6%
Private Sale: 2%
Seed Sale: 9%
TRON Airdrop: 10.1% (distributed over six years)
BitTorrent Protocol Airdrop: 10%
Team and BitTorrent Foundation: 19%
TRON Foundation: 20%
BitTorrent Ecosystem: 19.9%
Partnership Tokens: 4%
The token release schedule is designed to minimize selling pressure, with airdrops continuing until 2025 and partnership tokens unlocking until 2028.
Use Cases for BTTC:
Governance and Voting: BTTC token holders can participate in the platform's governance decisions.
Staking and Validation: Users can stake BTTC tokens to become validators and secure the network.
Cross-Chain Transactions: BTTC facilitates transactions across supported blockchain networks.
Decentralized Applications (dApps): Developers can build and deploy dApps on the BTTC platform.
BTTC on Binance:
BTTC is listed on Binance, one of the world's leading cryptocurrency exchanges. Users can trade BTTC on Binance and utilize Binance Pay to accept BTTC payments. Binance Pay supports over 80 cryptocurrencies, including BTTC, and offers features like zero gas fees, instant settlement, and integration options for businesses.
Wallets Supporting BTTC:
BitTorrent Wallet: A dedicated wallet for managing BTTC assets.
MetaMask: A popular Ethereum-compatible wallet that can be configured to support BTTC.
Trust Wallet: A mobile wallet supporting various cryptocurrencies, including BTTC.
Ledger Live: A hardware wallet interface that can manage BTTC tokens.
For more information and updates, you can visit the official BitTorrent website or follow their social media channels.
