CoinMarketCap Analysis Publishes Analysis Report on BitTorrent Chain, the Cornerstone of Interoperability Throughout Tron, Ethereum and BNB Chain

[PRESS RELEASE – Dubai, UAE, February 16th, 2024]

CoinMarketCap Analysis, the analysis arm of main crypto knowledge aggregator CoinMarketCap, printed a report masking an in-depth evaluation of BitTorrent Chain (BTTC), an EVM-compatible, proof-of-stake layer-2 chain designed to deal with scalability points and facilitate interoperability throughout blockchains. It’s a collaborative mission between TRON and BitTorrent, leveraging the latter’s in depth consumer base and the previous’s blockchain experience.

The BTTC Bridge serves because the cornerstone of the chain, facilitating liquidity motion throughout supported EVM chains. It presently helps TRON, Ethereum, and BNB Good Chain, with plans to broaden to extra chains sooner or later.

BTT is the native token of the BTTC ecosystem, serving as a governance token, fuel token, and utility token for varied BitTorrent services and products. It is usually accepted as authorized tender within the Commonwealth of Dominica. Over 46 billion BTT tokens are staked with its 12 energetic validators, representing about 5% of the entire circulating provide. Inside DeFi, greater than $9.1 million price of BTT tokens are provided on JustLend, TRON’s largest DApp and lending protocol

Discover the total evaluation right here: https://coinmarketcap.com/academy/article/deep-dive-on-bittorrent-chain-bttc

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Alice Liu
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