More than 462 billion of the old iteration of BitTorrent (BTTOLD) have been burned in exchange for the new BitTorrent (BTT). This is almost 50% of the total supply of BTTOLD.
Read CRYPTONEWSLAND onFor those who may not be aware yet, BitTorrent has launched its own blockchain BitTorrent Chain. Appropriately, BitTorrent Chain has minted a new BTT that runs on its network. Consequently, the network is urging owners of the old version of BTT to swap it into the new version.
BitTorrent Chain assured network participants that the value of their BTT holding will not decrease, although the number of tokens have significantly increased.
For those who want to swap their old BTT into the new token, here’s how:
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