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BitTorrent Token Giveaways About to Launch, Get Free BTT Without Binance

  • Yuri Molchan
    📰 News

    BitTorrent is to begin a series of BTT airdrops on Monday and run them every month until 2025 – 10.1 percent out of the total supply of 990 bln BTT


BitTorrent Token Giveaways About to Launch, Get Free BTT Without Binance
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BitTorrent intends to start a long-term experiment of airdrops happening every month and lasting for several years.

BTT prepared to be airdropped

Out of 990 bln BTT tokens, 10.1 percent are meant to be given away in airdrops to encourage the investors of Tron’s new partner company.

Justin Sun suggests that BitTorrent and Tron should be regarded as a blade and a razor that will help build a new decentralized global economy. BTT, Tron’s CEO believes, will ensure innovative dApps will appear on the Internet and find their users.


As soon as a block height of 6.6 mln appears on the Tron chain, the company’s team will take a snapshot, and then the first pile of BTT set aside for an airdrop will be given away to all Tron holders. During the first twelve airdrops, 990 mln BTT will be spread around in promotional purposes. Each TRX holder will get 0.11 BTT for one TRX token next week, as per Binance.

No need to use crypto exchanges

Despite the fact that one of the exchanges that supports BTT airdrops is the well-known Binance, TRX users do not need to transfer their coins to this or any other platform, such as OKEx, Huobi, etc. There are two wallets – Tron Wallet and Trust Wallet – that have made it clear about supporting future BTT drops.

Tron plans to encourage its investors to actually hodl BTT by increasing the amount of airdrops five times each February until 2025, then these free giveaways will be over. However, some experts do not believe this will work, since the token’s value may fall much deeper than the value of BTT airdrops.

Still, experts believe that these airdrops, no matter how profitable they will be for users, will certainly be beneficial for Binance, adding to its trading volume and asset volatility, which is already quite high.

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It Would Take Several Seconds to Hack Every Cryptocurrency in the Nearest Future


It Would Take Several Seconds to Hack Every Cryptocurrency in the Nearest Future
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Blockchain is commonly known as an immutable ledger that is impossible to hack, but there is always a looming threat of quantum computers. HCASH Chief Scientist Dr Joseph Liu, who claims that every single cryptocurrency can be hacked in a matter of seconds, has come up with his own coin that won’t be threatened by quantum hackers.

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The inevitable quantum takeover     

Quantum computers are generally considered to be the Achilles’ heel of Blockchain-based cryptocurrencies, including Bitcoin. IBM has already announced its first quantum computer with Google and Intel also working in that direction in 2019.


IOTA, which is powered by DAG dubbed ‘Tangle’, is considered to be the only quantum-proof cryptocurrency on the market, but there could be yet another option – Hypercash that recently presented its post-quantum secure Ring CT protocol.    

‘If you want to use this computer to break the … normal security, it’ll take maybe 500 years to break the system. If you use a quantum computer, maybe several seconds. Hcash is trying to provide security, even in the existence of this future computer,’ – he claims during a recent interview.

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A precursor to Monero     

The aforementioned quantum-resistance cryptocurrency is based on Liu’s research paper about a ‘linkable ring signature.’  Fun fact: that paper, which was published back in 2014, was used by the creators of Monero as the basis for the flagship privacy coin.

The Ring Confidential Transaction (RingCT) allows having an external verifier without exposing who that verifier is. Liu didn’t expect the coin to produce any significant impact, but now he is eager to improve the protocol of the billion dollar currency without getting any financial gains.

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High hopes for Blockchain

Despite his gloomy prediction about the quantum takeover, Liu is still certain that the future of Blockchain is bright. He is certain that there will be an increasing number of Blockchain-related jobs that will be coupled with growing academic interest in cryptography. There is will be many use cases of Blockchain technology in different spheres of our life.

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