BitTorrent Network Recap for 2023, Here's the Review

BitTorrent Chain (BTTC) is the result of collaboration between TRON DAO and BitTorrent.

With strong determination, BTTC continues to develop its decentralized finance (DeFi) capacity by merging significant projects such as Sushi, SpookySwap, and Kyberswap.

The plan also includes upcoming projects such as Pyth.network, QuickSwap, and Graph which will be introduced in the next few months.

Introduced on September 15 2021, BitTorrent Chain (BTTC) is considered a successful collaboration between TRON DAO and BitTorrent.

As the first scalable cross-chain protocol in the TRON network, BTTC uses a Proof of Stake (PoS) consensus mechanism that leverages multiple edges of the network to leverage smart contracts.

Also read: Understanding Public Blockchains

BTTC can operate with the Ethereum Virtual Machine (EVM) and enables interconnectivity between blockchains such as Ethereum, TRON, and BNB Chain.

This facilitates efficient exchange of assets and improves connectivity in the DeFi ecosystem. BitTorrent Token (BTT) plays an important role in the BTTC ecosystem, encouraging network participation and content exchange.

Important Events of 2023

• February 14

  SushiSwap introduces new yield farming on BTTC.

• April 12

  All Chain SWFT Bridge supports BTTC.

• July 12

  BTT utility token listed on Bittrex Global.

• July 14

  MDEX integrates BTTC.

• November 9

  Chain switcher for BTTC launches on SpookySwap.

• December 15

  Pyth Network supports BTTC.

As one of the leading solutions in global blockchain scaling, BTTC provides cross-chain services between multiple public blockchains, providing a faster, cheaper and more reliable platform for Web3 developers.

BTTC allows users to seamlessly transfer key assets between TRON, Ethereum, and BNB Chain seamlessly in a decentralized environment.

The plan is to be compatible with more public blockchains soon, fulfilling the goal of unifying the entire chain.

How To Buy Crypto From Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH ), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.