The BitTorrent Chain (BTTC) mainnet is officially launching — marking a pivotal moment in decentralized blockchain evolution. As the world’s first heterogeneous cross-chain interoperability protocol, BTTC leverages a Proof-of-Stake (PoS) consensus mechanism and sidechain architecture to enable scalable smart contract execution. With native compatibility already established for Ethereum, TRON, and Binance Smart Chain (BSC), BTTC is paving the way for a truly interconnected multi-chain future.
This upgrade introduces a major token redenomination of BTT, aligning supply with real-world utility and preparing the ecosystem for broader adoption. The new BTT token will power the upcoming BitTorrent Chain ecosystem, unlocking advanced use cases while maintaining continuity for existing users.
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What Is the BTT Redenomination?
To support the launch of the BTTC mainnet, the BTT token undergoes a 1:1000 redenomination. This means every 1 old BTT (now called BTTOLD) will be converted into 1,000 new BTT tokens. While the total supply increases from 990 billion to 990 trillion, the overall market value remains unchanged.
This adjustment addresses practical usability issues: previously, rewards and transactions often appeared as tiny decimal fractions (e.g., 0.00231 BTT), complicating user experience and asset management. The increased supply ensures cleaner, more intuitive balances across wallets, exchanges, and dApps.
After redenomination:
- Old token: Renamed BTTOLD, remains on TRC10 standard (Token ID: 1002000)
- New token: Named BTT, upgraded to TRC20 standard with contract address
TAFjULxiVgT4qWk6UZwjqwZXTSaGaqnVp4
Both tokens will coexist temporarily, allowing users time to transition at their convenience.
Why Redenominate BTT?
BitTorrent has been a leader in peer-to-peer file sharing since 2004. Today, it supports over 90 million active users and boasts more than 2 billion client installations worldwide. Despite this massive reach, the original BTTOLD supply of 990 billion tokens translates to roughly:
- 11,000 BTTOLD per active user
- Less than 500 per installed client
Such limited per-unit availability results in micro-fractions during everyday usage — especially in mining rewards or service payments — creating confusion and friction.
With the rollout of BTTC, new applications are emerging:
- Staking and node validation
- On-chain governance
- Gas fee payments
- Cross-chain asset transfers
A larger, more divisible supply ensures smoother integration across these advanced functionalities. The redenomination isn't just cosmetic — it's essential infrastructure for long-term scalability.
Key Features of the New BTT Ecosystem
The restructured BTT token plays a central role in the BTTC ecosystem:
✅ Become a Validator
Secure the network by running a validator node on BTTC. Earn staking rewards in BTT for contributing computational resources and maintaining consensus integrity.
✅ Stake BTT for Passive Income
Users can delegate their BTT to validators and earn yield without operating infrastructure. This opens up earning opportunities for everyday holders.
✅ Participate in Governance
Token holders gain voting rights on key protocol upgrades, funding proposals, and ecosystem development decisions — reinforcing decentralization.
✅ Pay Gas Fees
BTT serves as the native gas token on BTTC, required for executing smart contracts and transferring assets across chains.
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How to Swap BTTOLD to BTT
There are two primary methods to convert your BTTOLD tokens into the new BTT format.
Option 1: Exchange-Based Automatic Conversion
If you hold BTTOLD on a centralized exchange (CEX), check whether the platform supports the redenomination:
- Supported exchanges will automatically swap BTTOLD to BTT
- No action is required from users
- After conversion, BTT can be traded, deposited, or withdrawn normally
Check your exchange’s official announcements for details on timing and support status.
⚠️ Important: Only use exchanges or official channels for conversion. Unauthorized third-party swaps may lead to permanent fund loss.
Option 2: Manual Swap via BTTC App (For Wallet Users)
If you store BTTOLD in a non-custodial wallet like TronLink, follow these steps:
- Visit the BTTC App website and click “Get BTT” in the top navigation
- Enter the amount of BTTOLD you wish to convert
- Connect your TronLink wallet and confirm the transaction
- Sign the approval request in your wallet
- Wait for blockchain confirmation
- Once complete, add the new BTT token using its TRC20 contract address:
TAFjULxiVgT4qWk6UZwjqwZXTSaGaqnVp4
This service becomes active immediately after mainnet launch.
🔐 Note: The swap is one-way only — you cannot convert BTT back to BTTOLD.
Coexistence and Continued Use of BTTOLD
During the transition period:
BTTOLD remains functional for existing services:
- Paying storage fees on BTFS (BitTorrent File System)
- Earning mining rewards through BTFS node operations
- Boosting download speeds via BitTorrent Speed
These utilities will continue until users choose to migrate. Even after migration, legacy functions remain accessible through supported platforms.
Exchanges that do not yet support BTT can still list and process BTTOLD deposits and withdrawals. Users should verify symbol accuracy before any transfer.
Frequently Asked Questions (FAQ)
Q: When did the BTTC mainnet launch?
A: The BTTC mainnet launched in December 2021. All references to future dates have been updated to reflect current status.
Q: Is the BTT swap mandatory?
A: While not mandatory, swapping to new BTT unlocks full access to BTTC features like staking, governance, and gas payments. Holding BTTOLD limits functionality to legacy services.
Q: Can I still use BTTOLD if I don’t swap?
A: Yes. BTTOLD continues to work within BTFS and BitTorrent Speed ecosystems. However, it won’t be usable on BTTC’s PoS network or future dApps built on the chain.
Q: What happens if I send BTTOLD to a BTT-only wallet?
A: Always double-check token symbols and contract addresses. Sending unsupported assets to incompatible wallets may result in irreversible loss. When in doubt, test with a small amount first.
Q: Is there a deadline for swapping?
A: No. The official swap contract is permanently active, allowing users to convert BTTOLD to BTT at any time.
Q: Why upgrade from TRC10 to TRC20?
A: TRC20 offers better compatibility with decentralized applications, smart contracts, and cross-chain bridges — essential for BTTC’s interoperability goals.
Core Keywords
- BTTC mainnet
- BTT redenomination
- BTT to BTTOLD swap
- BitTorrent Chain
- TRC20 BTT
- cross-chain interoperability
- PoS blockchain
- BTT staking
The launch of the BTTC mainnet represents more than a technical upgrade — it's a strategic evolution toward a unified, scalable Web3 infrastructure. By refining tokenomics and expanding utility, BitTorrent strengthens its position at the forefront of decentralized networks.
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