Update
BitTorrent Completes First BTT Burn
BitTorrent has completed its first round of BTT repurchase and burn, funded by 100% of decentralized service revenue. This marks the official implementation of the company's long-term BTT buyback-and-burn strategy, following its announcement and scheduled repurchases. Concurrently, BitTorrent released a new official whitepaper, upgrading its brand to better align with the Web3 and generative AI era. The update includes a tripartite architecture combining the BitTorrent Mainnet, BTTInferGrid, and BTTC for cross-chain interoperability, Layer 2 scaling, and on-chain settlement, with BTT serving as the unified economic engine for the entire network.