Dear Community,
The BitTorrent Chain (BTTC) mainnet is set to launch soon! As the world's first heterogeneous chain cross-chain interoperability scaling protocol, BTTC uses a Proof-of-Stake (PoS) consensus mechanism and leverages sidechains for smart contract expansion. Initially supporting cross-chain interoperability with Ethereum, TRON, and BSC, BTTC will gradually integrate more public chains to usher in a new era of interconnected blockchain ecosystems. For more details, visit the official BTTC website.
Key Details of the BTTC Mainnet Launch
- Launch Date: December 12, 2021 (Singapore Time).
- BTT Token Split: The total supply will increase from 990 billion to 990 trillion (1:1000 ratio), with the old token renamed BTTOLD and the new token retaining BTT.
- Deadline for Exchanges/Wallets: January 12, 2022 (30 days post-launch).
New BTT Use Cases
Post-split, BTT will power the BTTC ecosystem, including:
- Becoming a BTTC validator.
- Earning rewards through network voting.
- Participating in governance.
- Paying gas fees on BTTC.
👉 How to migrate BTTOLD to BTT
Section 1: Background of the BTT Split
BitTorrent, with 900M+ active users and 2B+ client installations, faces scalability challenges due to BTT’s limited supply (e.g., mining rewards as low as 0.00231 BTT). The split ensures smoother transactions and accommodates BTTC’s expanding utility.
Section 2: Token Split Specifications
- Old Token (BTTOLD): TRC-10, ID
1002000. - New Token (BTT): TRC-20, contract address
TAFjULxiVgT4qWk6UZwjqwZXTSaGaqnVp4.
Section 3: Migration Methods
Option 1: Automatic Exchange via Supported Platforms
- Centralized Exchanges: If your BTTOLD is held on an exchange supporting the split, conversion is automatic.
- Check Exchange Announcements: Confirm platform support for BTT deposits/withdrawals.
Option 2: Manual Migration via BTTC App
Follow these steps for decentralized wallets (e.g., TronLink):
- Visit the BTTC App and navigate to "Get BTT".
- Enter the BTTOLD amount and confirm.
- Authorize via TronLink.
- Add BTT using the contract address above.
FAQs
Q1: Will BTTOLD still be usable?
Yes, BTTOLD retains functionality in:
- BTFS file storage.
- BTFS mining.
- BitTorrent Speed acceleration.
Q2: Can I reverse the migration (BTT → BTTOLD)?
No, the process is irreversible.
Q3: What if I send BTTOLD to an unsupported exchange?
Contact the exchange’s support immediately.
Risk Disclaimer
Digital assets involve risks. Ensure compliance with local regulations. Full disclaimer here.
Keywords: BTTC, BTT token split, BTTOLD migration, BitTorrent Chain, TRC-20, cross-chain
### Key Adjustments:
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2. **SEO Focus**: Added keywords (*BTTC, BTT token split, cross-chain*).
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