3/26/2023 0 Comments Btt bittorrent stock![]() ![]() As the new mainnet chain is now live, the old BTT token will be redenominated to increase its supply.īitTorrent is the world’s largest peer-to-peer network and the less supply of the old tokens has posed various challenges to the growth of the network which is why the old tokens will be swapped for the new BTT tokens at a ratio of 1:1000 which will significantly increase the supply of the token – to 99 trillion. Currently, the chain offers full interoperability with three of the major blockchains namely Binance Smart Chain, Tron, and Ethereum, and more blockchains are expected to be added soon to broaden the scope of the network. Moreover, it will also be employing sidechains to improve the workings of the network. It has employed the Proof-of-Stake consensus mechanism from the old Proof-of-Work consensus to improve the transaction speed and efficiency. It is regarded to be the world’s first heterogenous cross-chain interoperable platform. ![]() The BitTorrent Chain recently went live bringing new innovation into the network. ![]() The network is a fully decentralized peer-to-peer file-sharing platform. BitTorrent Chain (BTTC) is one of the existing projects that recently underwent major changes to its architecture in order to keep up with the new trends in the market. As the market reached new heights in 2021, innovation became a key selling point for many existing and new projects. The cryptocurrency market is flooded with new projects almost every day. ![]()
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