Recap of BitTorrent Chain in 2023

BitTorrent Chain (BTTC) is a collaborative project between TRON DAO and BitTorrent

article-image

Source: TRON

share

BitTorrent Chain has proactively worked to expand its DeFi capabilities by integrating noteworthy projects like Sushi, SpookySwap, and Kyberswap. It has exciting plans with projects including Pyth.network, QuickSwap, and Graph set to be introduced in the coming months. 

What is the BitTorrent Chain?

Launched on September 15, 2021, BitTorrent Chain (BTTC) is a collaborative project between TRON DAO and BitTorrent. As a first-of-its-kind scalable cross-chain protocol on the TRON network, BTTC employs a Proof of Stake (PoS) consensus mechanism leveraging various sidechains for the scaling of smart contracts. BTTC is Ethereum Virtual Machine (EVM) compatible and allows for interoperability between blockchains like Ethereum, TRON, and BNB Chain. This allows for seamless exchange of assets and enhances connectivity within the DeFi ecosystem. Central to the BTTC ecosystem, the BitTorrent Token (BTT) plays a crucial role in incentivizing network participation and content sharing. 

Key events of 2023

February 14 –  SushiSwap launches new yield farms on BTTC

April 12 –  SWFT AllChain Bridge supports BTTC

July 12 –  BTT utility token listed on Bittrex Global

July 14 –  MDEX deploys BTTC

November 9 –  “Chain switcher” for BTTC goes live on SpookySwap

December 15 – Pyth Network supports BTTC

Conclusion

As a world-leading blockchain scaling solution, BTTC provides cross-chain services between various public blockchains, providing a faster, cheaper, and more scalable platform for Web3 developers.

BTTC also enables users to transfer mainstream assets seamlessly among TRON, Ethereum, and BNB Chain without any limitations in a decentralized manner. It will soon be compatible with more public blockchains, fulfilling its mission of connecting all chains. 

This content is sponsored by TRON and does not serve as an endorsement by Blockworks. The veracity of this content has not been verified and should not serve as financial advice. We encourage readers to conduct their own research before making financial decisions.  

Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Featured.png

Research

Helium stands at a pivotal moment in its evolution as a decentralized wireless network, balancing rapid growth, economic restructuring, and global expansion. With accelerated growth in domestic DAUs and Hotspots supporting its network, Helium is leveraging strategic partnerships and innovative proposals to scale internationally. The recent implementation of HIP 138, “Return to HNT,” has unified its token economy under HNT, simplifying participation and strengthening liquidity, while HIP 139’s phase-out of CBRS refocuses efforts on scalable Wi-Fi offload. Meanwhile, governance shifts under HIP 141 raise questions about centralization as Nova Labs consolidates control over the roadmap.

article-image

Tokens worth 20% of the current supply of the TRUMP memecoin launched by the president are set to be unlocked tomorrow

article-image

A crypto-industry lawsuit is “moot” now that Joint Resolution 25 has been signed into law

article-image

Fed Chair Powell assured markets that the labor market is in “good place,” dependent on price stability

article-image

As uncertainty reigns, the Philly Fed manufacturing index fell to a multi-year low, but layoffs have slowed

article-image

Base launched two tokens as part of its ethos that everything can be tokenized, but the move sent Crypto Twitter reeling

article-image

The Arbitrum-based perps DEX recently launched its points campaign