BitTorrent Launches BTFS Protocol v3.3.0 Testnet Featuring a New Staking-based Node Reputation System

BitTorrent has announced the launch of the BTFS Protocol v3.3.0 Testnet, featuring several key improvements. These include a new staking-based node reputation system (BTIP-85), an updated software framework for improved efficiency, and enhanced node stability.

BitTorrent, a leading provider of decentralized storage solutions, has announced the launch of the BTFS Protocol v3.3.0 Testnet. This latest iteration of the protocol introduces several key improvements, advancing the company's commitment to building efficient and robust decentralized storage networks.

Among the notable updates in v3.3.0 is the introduction of a staking-based node reputation system, developed in response to feedback from the community and documented in BTIP-85. This system will be used to identify and prioritize trustworthy nodes within the network.

Moreover, the company has updated its software framework to enhance efficiency and streamline operations. This includes adjustments to the PoS (Proof-of-Space) mining parameters for optimal performance.

Furthermore, BitTorrent has focused on improving node stability, reducing occurrences of node downtime and ensuring seamless user experience.

The company invites members of the community to join the v3.3.0 Testnet and contribute feedback on the new features and enhancements.

About BitTorrent

BitTorrent (BTTC) is one of the most extensive decentralized P2P file-sharing platforms, operating on the Tron blockchain. The BitTorrent ecosystem includes a platform for live streaming, enabling content creators and viewers to earn and participate in BTTC staking. BitTorrent Token (BTT) is the native token of the TRC-10 standard within the BitTorrent ecosystem and serves as a means of payment for P2P services the BitTorrent network.

The primary mechanism of BitTorrent involves the exchange of files among users rather than storing them on a centralized server. Files and data are distributed among users' computers: when a user downloads a file, they receive its parts from various sources and can subsequently provide the file to other users, becoming a “seed”. Download speed increases directly proportional the number of seeds available for a specific file.

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