# BitTorrent File System (BTFS) > High-performance decentralized storage for enterprise-level Web3 applications and AI BTFS helps users store and share files across decentralized networks using blockchain technology and peer-to-peer transmission for enhanced security and reliability. BTFS provides decentralized file storage through globally distributed network nodes, enabling users to store data with enhanced redundancy and reduced loss risk compared to centralized systems. The protocol integrates with BitTorrent Chain for cross-chain connectivity and multi-channel payments, facilitating efficient data management for applications across multiple blockchains. Storage providers earn token rewards for maintaining network infrastructure while renters pay for decentralized storage capacity. - Type: Project - Sector: Infrastructure - Status: Active - Founded: 2019-10-01 - Profile: https://thegrid.id/profiles/bittorrent_file_system_btfs_ ## Products - [BTFS Network](https://thegrid.id/profiles/bittorrent_file_system_btfs_): BTFS Network provides decentralized file storage infrastructure through distributed nodes operating on blockchain technology, implementing Reed-Solomon encoding to split files into distributed shards across verified storage providers. The system utilizes proof-of-storage challenges for data integrity verification and automated repair mechanisms to maintain file availability. Users access storage capacity through token-based payment systems integrated with BitTorrent Chain, enabling cross-chain transactions and multi-channel settlement options for storage contracts. (Decentralized File Storage, Live, Main Product) - [BTFS Scan](https://thegrid.id/profiles/bittorrent_file_system_btfs_): BTFS Scan is a data analytics platform for the BitTorrent File System network, providing transaction monitoring and network metrics visualization. The explorer surfaces storage contract information, node statistics, and airdrop distribution data through indexed blockchain queries and network telemetry aggregation. (Block Explorer, Live) - [BitTorrent Chain](https://thegrid.id/profiles/bittorrent_file_system_btfs_): BitTorrent Chain (BTTC) is a Layer-2 PoS blockchain built on a three-layer architecture — an execution layer, a consensus delivery layer, and contracts on parent chains — enabling EVM-compatible smart contract execution with cross-chain interoperability across Ethereum, TRON, and BNB Chain. The protocol processes transactions through independent validators using Proof-of-Stake consensus, with BTT as the native gas and governance token. Asset bridging across heterogeneous blockchain networks is facilitated through a cross-chain bridge with decentralized relayers. (L2, Live) ## Assets - [BitTorrent Token (BTT)](https://thegrid.id/profiles/bittorrent_file_system_btfs_): BTT is the utility token of the BitTorrent ecosystem operating on the Tron blockchain. It is used to incentivize users to share storage space on BTFS, pay for decentralized file storage, and reward hosts who rent their hard drive space. The token solves the classic "free-rider" problem in file-sharing by providing economic incentives to seed files longer, transforming the world's largest peer-to-peer network into a tokenized economy for bandwidth and storage resources. (Utility) - [Wrapped BitTorrent Token (WBTT)](https://thegrid.id/profiles/bittorrent_file_system_btfs_): WBTT is a wrapped version of BTT on BitTorrent Chain. It is used to pay for decentralized storage on BTFS, where renters deposit WBTT to upload files and hosts earn BTT rewards for providing storage capacity. The wrapping enables BTT to function as a BRC-20 token compatible with smart contracts on BitTorrent Chain, allowing seamless integration with cross-chain payments and DeFi applications across the ecosystem. (Wrapped Tokens) ## Links - [Main](https://btfs.io) - [Documentation](https://docs.btfs.io) - [Blog](https://medium.com/@BitTorrent) - [Terms of Service](https://docs.btfs.io/page/terms-of-use) - [Privacy policy](https://docs.btfs.io/page/privacy-policy) - [Twitter / X](https://x.com/BitTorrent) - [Telegram](https://t.me/BTTBitTorrent) - [GitHub](https://github.com/bittorrent) - [LinkedIn](https://linkedin.com/company/bittorrent) - [Facebook](https://facebook.com/bittorrent) - [Reddit](https://reddit.com/r/bittorrenttoken) ## Legal This data is provided under two licensing models. Model 1 - open data. 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