• 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

Ripple Obtains Conditional Authorization for National Bank Charter.

chest

Ripple has received conditional approval for a national bank charter, allowing it to custody digital assets and gain access to the Federal Reserve System.

user avatarMaria Gutierrez

Crypto Creators Seek Alternatives Amid YouTube Bans

chest

Crypto creators are exploring alternative platforms like Bitchat, Odysee, and Rumble due to ongoing bans of crypto channels on YouTube.

user avatarAndrew Smith

YouTube Bans Bitcoincom Channel, Sparking Outrage

chest

YouTube has banned the Bitcoincom channel, which had over 100,000 subscribers, citing harmful content, leading to outrage from the crypto community.

user avatarDavid Robinson

XRP and Solana: Key Support Levels and Market Reset

chest

Ali Martinez discusses critical support levels for XRP and the need for a reset in Solana's market.

user avatarJacob Williams

Dogecoin's Chart Structure Indicates Potential Upsurge

chest

Ali Martinez analyzes Dogecoin's chart structure, suggesting a coiling phase that may precede a significant price increase.

user avatarZainab Kamara

Bitcoin and Ethereum Price Targets Set by Analyst

chest

Ali Martinez outlines potential price targets for Bitcoin and Ethereum based on current market conditions.

user avatarSon Min-ho

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.