• 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

Expert Warns XRP Holders About Risks Following Kelp DAO Hack

chest

Market expert Iso Ledger warns XRP holders about the risks associated with wrapped assets following the Kelp DAO hack.

user avatarAisha Farooq

Prediction Markets Under Regulatory Scrutiny

chest

Prediction markets are currently facing significant regulatory challenges as states and federal authorities grapple with whether these platforms should be classified as gambling or regulated financial instruments.

user avatarTenzin Dorje

Intercontinental Exchange Expands Investment in Polymarket

chest

Intercontinental Exchange has deepened its investment in Polymarket, bringing its total commitment to $1.6 billion.

user avatarBayarjavkhlan Ganbaatar

Polymarket Seeks $400 Million Funding to Boost Valuation

chest

Polymarket is currently in discussions to raise $400 million at a valuation of around $15 billion.

user avatarMohamed Farouk

New Allegations Challenge Bitcoin's Decentralization Narrative

chest

New claims suggest that Israel has hijacked control of the Bitcoin network, challenging its decentralization narrative.

user avatarElias Mukuru

BitMine Reports Significant Losses Amid ETH Price Decline

chest

BitMine Immersion Technologies reported a net loss of $3.8 billion for the three-month period ending February 28, primarily due to unrealized losses on Ethereum holdings.

user avatarMaria Fernandez

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.