Huobi Joins BTTC Ecosystem
• Huobi, a virtual asset trading platform, announced to join the BTTC (BitTorrent Chain) ecosystem and to support the development of a layer 2 network based on BTTC.
• BTTC is a cross-chain solution that enables seamless asset exchange through digital asset connectivity of mainstream public chains such as Ethereum, TRON and BNB Chain.
• By supporting the L2 network developments of mainstream public chains including Ethereum and TRON, Huobi provides an open, secure and diverse environment for all relevant developer teams.
Overview of BTTC
BTTC is a layer 2 solution for Ethereum, TRON and BNB Chain which was launched in December 2021 with ZK (Zero Proof of Knowledge) technology to be introduced later this year. This enables users to build decentralized applications anywhere and provides a secure, low-cost and fast development environment for dApps, thus creating an on-chain open ecosystem. At its core, BTTC is a cross-chain solution that enables seamless asset exchange through digital asset connectivity of mainstream public chains such as Ethereum, TRON and BNB Chain, spanning a super network linking all blockchains.
Huobi’s Contribution to BTTC
The addition of Huobi to the BTTC ecosystem will further promote the development and usage of decentralized applications on chain and enhance the exchange’s own ecosystem. Huobi has over 50 million users across the globe with over $100 trillion in cumulative assets traded which can provide virtual asset trading services to hundreds of millions or even billions of users worldwide through the BTTC L2. As per H.E Justin Sun who is part of Huobi global advisory board joining this ecosystem reflects industry’s focus on L2 developments creating an ever changing network for quality digital assets ensuring free flow value created by crypto usage .
Brand Upgrade
In November 2022 ,Huobi completed its brand upgrade ,launching new growth strategy so as to promote responsible use crypto for wide range users ,educating more people about everyday crypto adoption by introducing them to ever changing network quality digital assets .
Conclusion
By joining forces with BTTC ,Huobi will be able provide access best projects available out there enabling blockchain developers serve great number verified users thereby connecting voluminous digital assets worldwide . This will enable massive growth in crypto user base worldwide estimated 320 million according report released by Huobi research institute at end 2022 .