• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Blockchain Innovations: BitTorrent, Horizen, and Usual

user avatar

by Giorgi Kostiuk

a year ago


BitTorrent, Horizen, and Usual are advancing blockchain decentralization and innovation with their new integrations and protocols.

BitTorrent Enhances Decentralization

BitTorrent, a peer-to-peer file-sharing protocol, has integrated the TRON blockchain and BTT tokens to enhance decentralization and reward users. Since its acquisition by TRON in 2018, the platform launched its native cryptocurrency, BTT, in 2019. The BTT token enables various ecosystem functions, such as the BitTorrent Speed system, which allows users to download and receive tokens. BitTorrent aims to improve content distribution by challenging traditional entertainment models, allowing users to share files directly. Under TRON's leadership, the platform has introduced premium services like VPN and ad-free browsing.

Horizen Revolutionizes ZK App Development

Horizen has established itself as a leader in zero-knowledge (ZK) blockchain technology. With the release of Horizen 2.0, a fully EVM-compatible platform optimized for ZK applications, the network has integrated precompiled contracts for ZK proof verification, reducing development costs and enhancing security. Horizen 2.0's architecture uses the Substrate framework, dividing its node structure into a Core Client and WebAssembly runtime. This modular design streamlines application performance and efficiency. Developers can leverage zkVerify, a modular proof verification solution, to build diverse ZK dApps focused on identity verification, DeFi, and media authentication. With its DAO governance model, Horizen continues to prioritize decentralization.

Usual Introduces Decentralized Stablecoin Solutions

Usual has entered the decentralized finance (DeFi) ecosystem with its stablecoin protocol powered by the $USUAL governance token. The protocol revolves around three tokens: USD0, a fully backed stablecoin; USD0++, a liquid staking token; and $USUAL, which provides governance and ownership rights. These tokens emphasize transparency, permissionless access, and sustainability, aiming to accelerate DeFi adoption and reduce reliance on traditional finance.

In conclusion, BitTorrent, Horizen, and Usual continue to contribute to the advancement of blockchain decentralization and technology with their new initiatives and innovations.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Market Dynamics Indicate Supply Shock for XRP

chest

Current market analysis reveals that only 17 billion XRP remains on exchanges, the lowest supply in seven years. This decline in liquid supply, combined with growing demand, suggests a potential supply shock for XRP.

user avatarLi Weicheng

Axiology Secures TSS License Under EU DLT Pilot Regime

chest

Axiology has secured a Trading and Settlement System license under the EU DLT pilot regime, enhancing its credibility in digital asset trading.

user avatarTenzin Dorje

XRP Ledger Positioned as Key Player in Institutional Capital Movement

chest

The XRP Ledger is emerging as a foundational layer for institutional capital, focusing on efficiency and scalability.

user avatarAisha Farooq

DeFi Sees Significant Recovery with $95 Billion Locked

chest

DeFi has reclaimed $95 billion in total value locked, indicating a significant recovery driven by real demand and a shift towards viewing DeFi as financial infrastructure.

user avatarElias Mukuru

Bank of Korea Calls for Enhanced Safety Measures in Cryptocurrency Sector

chest

The Bank of Korea has called for enhanced safety measures in the cryptocurrency industry following a significant operational failure at Bithumb.

user avatarBayarjavkhlan Ganbaatar

Stablecoin Dominance Stabilizes After Strong Growth

chest

Stablecoin dominance has stabilized around 13%, indicating a cautious market environment after a strong upward move.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.