• 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

Ledger's Hardware Wallets Protect $100 Billion in Crypto Assets

chest

Ledger's hardware wallets protect about $100 billion worth of Bitcoin and other cryptocurrencies.

user avatarAisha Farooq

Ethereum Prepares for Major Upgrade

chest

Ethereum is set to launch the Fusaka hard fork, enhancing scalability and efficiency.

user avatarTenzin Dorje

Analysts Warn of Golden Line Breakdown Risk for Bitcoin

chest

Crypto analyst Doctor Profit warns that the 99,200-100,000 zone is a critical support level for Bitcoin that, if breached, could invalidate the bullish structure.

user avatarMohamed Farouk

Institutional Investors Continue to Accumulate Bitcoin

chest

Onchain data indicates that large investors are accumulating Bitcoin, while retail participation is declining.

user avatarBayarjavkhlan Ganbaatar

Crypto Market Faces Lingering Effects of Major Liquidation Event

chest

The crypto market continues to feel the impact of a significant liquidation event that occurred nearly a month ago, with traders adopting a cautious approach.

user avatarElias Mukuru

Kaspa's vProgs Upgrade Seen as a Game Changer

chest

The Kaspa community is excited about the upcoming vProgs upgrade, seen as a pivotal moment that could unify applications on Layer 1 and strengthen the KAS economy.

user avatarDiego Alvarez

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.