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BitTorrent Chain (BTTC)

$0.062697
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Coin Information

Blockchain: BitTorrent Chain
Ticker: BTTC
Algorithm: DPoS (TRON L2)

Price Statistics

Market Cap

Fully Diluted Valuation

Coin Supply

Circ.: 987 037 885 840 675
Total: 987 037 885 840 675
Max: 99 000 000 000 000

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About BitTorrent Chain

BitTorrent Chain (BTTC) is an EVM-compatible, proof-of-stake layer-2 blockchain built on Tron, launched in December 2021 as a joint effort between Tron and the BitTorrent network. It is designed as a cross-chain interoperability protocol, letting assets move between otherwise separate networks such as Tron, Ethereum, and BNB Smart Chain through the BTTC Bridge and a token-mapping mechanism that supports a wide range of widely used tokens.

The chain addresses blockchain scalability limitations by using a three-tier architecture (a Root Contracts Layer, a Delivery Layer, and the BTTC Layer) to achieve high transaction throughput, short block times, and low gas costs compared to many base layer-1 networks. Independent validators secure the network under proof-of-stake, staking the native token to produce blocks, validate transactions, and submit checkpoints.

The BTT/BTTC token underpins the ecosystem in several ways: it pays for gas on the chain, rewards validators, and functions as the governance token for the BTTC DAO. It also carries over BitTorrent’s original file-sharing and storage incentive model, compensating bandwidth providers in the peer-to-peer network and hosts on the BitTorrent File System (BTFS) who offer decentralized storage to renters.

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Frequently Asked Questions

The circulating supply of BitTorrent Chain is 987037885840675.
The total supply of BitTorrent Chain is 987037885840675.
The max supply of BitTorrent Chain is 99000000000000.
Unfortunately the country of BitTorrent Chain is unknown.
BitTorrent Chain is a cryptocurrency running on its own blockchain.
BitTorrent Chain reached an all-time-high of 0.00000233094 USD on 31 Mar 2022.

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BTTC Markets on Crypto Exchanges

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