Ever since the launch of BitTorrent Chain (BTTC), the Layer 2 scaling and cross-chain solution to be launched by the TRON protocol, we have received a deluge of positive feedback from the market, the unanimous recognition and higher expectation from TRON’s global community.
Innovation has constantly been driving us forward.After p lanning and deployment over a long time, we now officially announce that we will launch BitTorrent Chain (BTTC) on October 30.We will soon after start an open election for Super Representatives, empowering developers and users who care about us to benefit from the thriving TRON ecosystem right away and to witness and engage in the revolutionary cross-chain feast of BitTorrent Chain (BTTC).
As the first heterogeneous cross-chain interoperability scaling protocol in the blockchain space, BitTorrent Chain, or BTTC, will support and be compatible with TRON, Ethereum, and Binance Smart Chain (BSC) upon its release.In other words, with the help of BitTorrent Chain, users can transfer mainstream assets among TRON, Ethereum, and BSC in a decentralized manner without any restrictions.
Three years into its inception, TRON has grown into a blockchain network that handles transactions averaging over $10 billion every day, a scale comparable to that of Ethereum.It has also emerged as a competitive Layer 1 blockchain protocol.As of now, total assets on the TRON blockchain have ballooned over $50 billion, and the total value locked in TRON’s decentralized financial programs has surpassed $12.5 billion.
“TRON protocol which handles five times the daily transactions of PayPal, is tipped to be the Global Settlement Layer for all,” said Justin Sun, founder of TRON, in a recent open letter to the community.
Election Rules for BitTorrent Chain (BTTC) Super Representatives:
The election of BitTorrent Chain (BTTC) super representatives will be held synchronically on TRON.
During the election, BTT holders will be able to vote by staking.
Thus, anyone is welcome to this completely decentralized BTTC node election, and BTT holders can not only cast votes by staking but enjoy staking rewards from their votes.
It is worth noting that the election channel will be closed once the node quota and BTT staking volume reach the upper limit.After becoming a network validator, users can earn a certain amount of BTT and participate in community governance.The specific election scheme and reward rules will be announced soon.
Stay tuned!
The upcoming BitTorrent Chain (BTTC) will be a cross-chain scaling solution that interconnects TRON, Ethereum, and BSC.On top of providing global mainstream blockchains with practical scaling solutions, more importantly, it will deliver heterogeneous cross-chain communication that is decentralized and free of trust, ushering in a new era of “connecting all chains”.
We hope to offer Tronics the dividends of a thriving TRON ecosystem so that all people can enjoy the benefits blockchain brings to humanity, which is something we have been continuously working hard on and committed to.BitTorrent Chain (BTTC) Super Representative Election awaits you! You are all welcome to join us in inaugurating an era of connecting all chains!
Email: [email protected]
About BitTorrent Founded with a leading peer-to-peer sharing technology standard in 2004, BitTorrent, Inc.is a consumer software company based in San Francisco.Its protocol is the largest decentralized P2P network in the world, driving 22% of upstream and 3% of downstream traffic globally.
Its flagship desktop and mobile products, BitTorrent and µTorrent, enable users to send large files over the internet, connecting legitimate third-party content providers with users.With over 100 million active users, BitTorrent products have been installed on over 1 billion devices in over 138 countries worldwide.
Since November 2018, TRON (TRX), Binance (BNB), and Bitcoin (BTC) holders have the opportunity to purchase one-year subscriptions of BitTorrent or µTorrent products, including Ads Free and Pro for Windows.
Pro includes anti-virus and anti-malware screening, file converting and playability in HD.Users can visit bittorrent.com or utorrent.com to learn more..
