What is BitTorrent chain (BTTC)?

BitTorrent Chain is a peer-to-peer network for file and data sharing where users can also buy and sell bandwidth in exchange for the BitTorrent Chain Token (BTTC). The platform was not originally based on blockchain technology, but TRON Foundation extended the protocol and its operational model by developing the BTTC token.

What is BTTC & how does it work?

BTTC marks TRON and BitTorrents’ first-ever foray into the cross-chain field, heralding the advent of a whole new era! Now calling for quality projects and institutions around the world. BTTC is the first heterogeneous cross-chain interoperability protocol built on TRON, co-developed by the core teams of BitTorrent and TRON.

What is the new BTTC token?

Thus, with all these modifications, Binancewill list the newly renamed $BTTC token replacing the accounts, deposits, withdrawals, trading pairs of the old BitTorrent $BTT token. After the migration process, the old BTT tokens will be renamed as BTTOLD, and the new tokens’ ticker will be BTTC.

What is BTTC market cap?

The number of BTTC coins in circulation multiplied by the current price of BitTorrent Chain in the market is equal to the market cap of BTTC. The market cap defines the rank of BTTC and determines its market share and dominance. All file sharing and downloading is performed directly through the BitTorrent Chain software as before the acquisition.