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On October 30, TRON, one of the leading public chains, start a major initiative to launch BitTorrent Chain (BTTC) test network, a layer 2 cross-chain scaling solution, being compatible with TRON, Ethereum, BSC. HECO and OEC will also be integrated in the near future.

The news has captivated the industry, putting BTTC and TRON under the public limelight.

It is reported that BTTC is the first heterogeneous cross-chain interoperability protocol in the industry, having core advantages such as heterogeneous cross-chain, fast transmission speed, low transaction costs and ensuring asset security.

According to our sources, BTTC was born to address the need for cross-chain scaling solutions. Today’s rapidly-growing blockchain industry is teeming with public chain projects. However, most of these projects fail to be interconnected owing to incompatible technologies, ecosystems, and competition, which leads to isolation of users, assets, applications, and data, altogether curbing the growth of the industry as a whole.

By connecting mainstream public chains such as TRON, Ethereum and BSC, it breaks down the information and asset barriers among them to enable the smooth exchange of data and value. BTTC is thus expected to be a cure to the pain of data isolation among public chains.

In the open letter published by TRON founder Justin Sun to the community, he stated that the upcoming BTTC will provide global mainstream blockchains with a practical scaling solution, and more importantly, will deliver heterogeneous cross-chain communication that is decentralized and free of trust, ushering in a new era of “connecting all chains”. Down the road, TRON will also earmark a total of $1 billion to spur the migration of projects from Ethereum onto BitTorrent Chain (BTTC).

Without a doubt, the launch of BTTC marks TRON’s first step towards its vision of connecting all chains.

Public sources reveal that TRON is one of the world’s three largest public chains today. Three years into its inception, TRON has made remarkable progress and established itself as one of the top public chain projects in the industry. At present, TRON boasts over 58 million accounts, 2.5 billion transactions, upwards of $50 billion on-chain assets, and a TVL of more than $11.5 billion across its DeFi products. It settles over $10 billion worth of transactions daily, five times higher than that of PayPal.

As BTTC goes live, TRON will draw more users from other chains to its increasingly prosperous and diverse ecosystem, unleashing even greater potential.


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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Meet Alex, a distinguished writer and researcher specializing in the dynamic world of cryptocurrency and blockchain technology. With a wealth of experience and an unyielding passion for staying at the forefront of this ever-evolving industry, Alex is your trusted guide in navigating the complex terrain of digital assets and blockchain innovation. Alex holds a Ph.D. in Blockchain Development, a testament to his unparalleled expertise in this field. His educational journey, combined with his multifaceted perspective, allows him to excel in dissecting the geographical and economic factors shaping the cryptocurrency market, providing insights that delve beyond the surface. What sets Alex apart is not just his professional expertise, but his personal dedication to the transformative potential of blockchain technologies. His keen research skills ensure that he remains a reliable source for industry trends and insights, helping you make informed decisions in the world of cryptocurrencies. Join Alex on this exciting journey through the crypto realm, where knowledge meets innovation, and discover the possibilities that lie within the blockchain revolution. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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