Huobi to Create Blockchain Super Network and Join BitTorrent Chain Ecosystem

Huobi, a cryptocurrency exchange, has announced that it will join the BitTorrent Chain (BTTC) ecosystem.

Huobi to Create Blockchain Super Network and Join BitTorrent Chain Ecosystem

According to a statement shared by the exchange, Huobi‘s integration with the layer 2 cross-chain solution will enable seamless asset trade by linking popular smart contract blockchains, including Ethereum, Tron, and BNB Chain. According to the exchange, the outcome will be a super network integrating all blockchains that will support the development of an open on-chain financial system.

“The crypto exchange’s move reflects an industry focus on layer 2 developments. The integration of the exchange with BitTorrent Chain demonstrates BTTC’s pioneering status among its peers in the field of building a complete and pragmatic Layer 2 cross-chain network structure and platform.”

Justin Sun, Tron founder

About BitTorrent Chain

BitTorrent Chain, which went live in December 2021, is a layer 2 solution for Ethereum, Tron, and BNB Chain. By connecting various blockchains, BitTorrent Chain’s cross-chain solution facilitates the seamless exchange of assets across them, creating a safe, affordable, and quick environment for the development of decentralized applications (dapps).

On the other hand, the project said in a tweet that BitTorrent Chain would incorporate zero proof of knowledge (ZK) technology later in 2023.

About the Exchange

Huobi, a cryptocurrency exchange that was founded in 2013, now supports more than 50 million users globally and facilitates the trade of $100 trillion in cumulative assets. The business underwent a rebranding in November 2022, reflecting its transformation into an ecosystem of blockchain enterprises that includes trading in digital assets, financial derivatives, wallets, research, investments, and incubation.


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