Dear community members,
The BitTorrent Chain (BTTC) mainnet is set to launch soon! As the world’s first heterogeneous cross-chain interoperability protocol, BTTC utilizes Proof-of-Stake (PoS) and sidechains to scale smart contracts. It currently supports interoperability with Ethereum, TRON, and BSC, with plans to integrate more blockchains. Welcome to the era of interconnected chains!
👉 Explore BTTC’s official website for details
Key Updates
- Mainnet Launch: December 12, 2021 (SGT).
- BTT Redenomination: A 1:1000 swap ratio (old BTT → new BTT), increasing total supply from 990B to 990T while maintaining market cap.
Token Standards:
- BTTOLD (old TRC10 token, ID:
1002000). - BTT (new TRC20 token, contract:
TAFjULxiVgT4qWk6UZwjqwZXTSaGaqnVp4).
- BTTOLD (old TRC10 token, ID:
Use Cases for New BTT
- Validator participation on BTTC.
- Staking rewards.
- Governance voting.
- Gas fees for BTTC transactions.
Why Redenominate BTT?
With over 2 billion installations and 90M+ active users, the existing BTTOLD supply (avg. 500 tokens/user) proved insufficient for practical use. Decimal-heavy rewards (e.g., 0.00231 BTT) complicated transactions. Redenomination ensures scalability for BTTC’s expanding ecosystem.
How to Swap Tokens
Option 1: Via Exchanges
- Supported platforms will auto-swap BTTOLD to BTT.
- Check exchange announcements for timelines.
Option 2: Manual Swap via BTTC App
- Visit the BTTC App, connect TronLink.
- Enter BTTOLD amount, confirm swap.
- Add new BTT via contract address
TAFjULxiVgT4qWk6UZwjqwZXTSaGaqnVp4.
📌 Note:
- Exchanges not supporting redenomination may continue trading BTTOLD.
- Swaps are irreversible; verify token symbols before transactions.
FAQs
1. Will BTTOLD still be usable after redenomination?
Yes, BTTOLD retains functionality (e.g., BTFS file storage, mining) until swapped.
2. Are there deadlines for swapping tokens?
No. Contracts remain active indefinitely, but exchanges may set their own deadlines.
3. How does redenomination affect BTT’s market value?
Market cap stays unchanged; only supply and unit price adjust.
4. Can I swap BTT back to BTTOLD?
No. The process is one-way only.
👉 Learn more about BTTC’s roadmap
About BitTorrent
Founded in 2004, BitTorrent powers the largest decentralized P2P network, serving 100M+ active users across 138 countries. Its protocols drive 22% of global upstream traffic.
BitTorrent Team
December 6, 2021
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