Ethereum

TRON

BitTorrent

Dubai, UAE, February 16th, 2024, Chainwire
CoinMarketCap Research, the research arm of leading crypto data aggregator CoinMarketCap, published a report covering an in-depth analysis of BitTorrent Chain (BTTC), an EVM-compatible, proof-of-stake layer-2 chain designed to address scalability issues and facilitate interoperability across blockchains. It is a collaborative project between TRON and BitTorrent, leveraging the latter's extensive user base and the former's blockchain expertise.
The BTTC Bridge serves as the cornerstone of the chain, facilitating liquidity movement across supported EVM chains. It currently supports TRON, Ethereum, and BNB Smart Chain, with plans to expand to more chains in the future.&nbsp;
BTT is the native token of the BTTC ecosystem, serving as a governance token, gas token, and utility token for various BitTorrent products and services. It is also accepted as legal tender in the Commonwealth of Dominica. Over 46 billion BTT tokens are staked with its 12 active validators, representing about 5% of the total circulating supply. Within DeFi, more than $9.1 million worth of BTT tokens are supplied on JustLend, TRON’s largest DApp and lending protocol
Find the full analysis here:&nbsp;<a href="https://coinmarketcap.com/academy/article/deep-dive-on-bittorrent-chain-bttc" rel="noopener noreferrer nofollow">https://coinmarketcap.com/academy/article/deep-dive-on-bittorrent-chain-bttc</a>
About CoinMarketCap
CoinMarketCap is ‘Home Of Crypto’, the world's most trusted cryptocurrency data authority. Its mission is to accelerate the crypto revolution by organizing the world’s crypto intelligence and making it easily accessible to all.
ContactCMC ResearchAlice LiuCoinMarketCapalice.l@coinmarketcap.com
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

CoinMarketCap Research Publishes Research Report on BitTorrent Chain, the Cornerstone of Interoperability Across Tron, Ethereum and BNB Chai...

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