Decentralized exchange of data and transfer of assets in a fast and secure manner through cross-chain integration marks a new dawn for Tron
Interoperability
Binance Smart Chain (BSC) has just become the first public chain to be integrated into the BitTorrent Chain (BTTC) bring cross-chain features such as mainstream asset transfer between BSC and other public chains in a decentralized protocol. BTTC is a scalable heterogenous cross-chain protocol that works on the PoS (Proof of Stake) consensus mechanism.
BTTC deploys multiple validation nodes and is scalable through side-chains.
“This will enable heterogeneous cross-chain communication that is decentralized and free of trust. It is safe to say that the integration of BTTC in the BSC ecosystem marks TRON’s first stride towards an era of cross-chain interoperability,” – Binance Smart Chain quoting TRON’s Chief Executive Officer (CEO), Justin Sun.
BTTC is the first heterogeneous cross-chain interoperable protocol that is co-developed by the core teams of BitTorrent and TRON. The multi-node validation consensus mechanism makes BTCC fast, cost-effective, and secure.
“Tron and BitTorrent teams have a huge following from the crypto as well as mainstream tech/crypto audience. With this integration, millions of BitTorrent and Tron users can access the NFT, GameFi, and Infra projects building on BSC while BSC users’ can interact with dApps building on top of the Tron network. This enables the vision of interoperability amongst multiple cross chains.” said Samy Karim, BSC Ecosystem Lead Coordinator.
Understanding BitTorrent Chain (BTTC)
BTTC runs under the Proof of Stake (PoS) mechanism and therefore the running of validator nodes is an important part of the protocol. BTTC does this through global communities. Node operators are called validators. Validators ensure that the chain remains secure and decentralized.
BTTC brought forward the launch of its node application in a bid to recruit quality nodes from global communities. To be a node operator, the validator must stake a certain amount of tokens required to quality. Validators verifies the transaction and will receive a reward from the protocol.
With the integration of mainstream public chains, BTTC is playing an important role that will see interoperability across all chains. Cross-chain communication and free circulation of assets will be the next big leap for the crypto ecosystem and bridge the gaps between various communities.
TRON’S Stellar Growth
TRON has been making impressive strides in the crypto space by exceeding 60 million accounts on its network. It has reached 2.5 billion transactions and is the fastest growing public chain, as was highlighted via a Tweet on November 3rd.
The Future in Cross-Chain Interoperability
Different projects offer different value propositions to the crypto market. It is unlikely that one single chain will dominate over the rest. The future is likely to be multichain and there is a free flow of cross-chain communication and assets. Therefore the vision of BTTC fits squarely within this narrative.
Source : bsc.news
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