BitTorrent Chain: A Deep Dive into Its Features and Performance in H1 2024

Since its launch, the BitTorrent Chain has become the key infrastructure to connect the entire BitTorrent ecosystem. Let's dive into its features and performance.

BitTorrent Chain (BTTC) serves as the central infrastructure within the BitTorrent ecosystem, connecting various products like the original torrent tracker, BTFS file storage, and DLive streaming platform.

Despite losing market share to modern services like cloud storage and streaming platforms, the original BitTorrent torrent tracker continues to be widely used, maintaining relevance with over 170 million active users and significant annual revenue. The integration of streaming services and expansion of use cases for $BTT and BTTC have been key strategies.

To further adapt to market trends, BitTorrent has integrated streaming services and continues to explore new use cases for $BTT and BTTC. The initiative to launch a Bitcoin L2 leveraging the BTTC Bridge could inject substantial liquidity and attract new users, thereby enhancing BTTC’s role in decentralized finance. By adapting to technological shifts and leveraging its extensive user base, BitTorrent Chain aims not only to maintain its relevance but also to thrive in the evolving digital landscape.

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