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Exchange BitTorrent to Zcash

Exchange in 3 steps

  1. Enter the desired amount of BitTorrent and write your wallet address to receive currency.
  2. Click the "Exchange now" button and you will be taken inside your order.
  3. Send BitTorrent to the address from your order, after the required network confirmation, Zcash will be sent instantly.

What do you need to know?

­Only 1 BTT confirmation is needed to complete the exchange

A brief history of BitTorrent

BitTorrent is a token based on the TRC10 protocol, which was created in 2019 by the founder of TRON cryptocurrency, Justin Sun. BTT's goal is to motivate users to maintain network bandwidth. Users who store files on their computers and speed up the network should be rewarded with BTT coins.

Transaction processing speed

The TRON network is capable of processing around 1500 transactions per second. The speed will directly depend on how many users are currently making transfers. On average, it will take up to 3 minutes to confirm your transfer. As the number of active nodes increases, this time may change.

TRON blockchain fees

The highlight of the Tron blockchain is the complete absence of fee for transfers. This means that the funds that you send to another wallet will arrive in full. The absence of miners eliminates the need to pay them a reward.

TRON has free bandwidth, which has a cumulative effect — traffic. It allows you to make transactions on the TRON system without using fuel. If you run out of traffic, you will have to send transactions with a small fee.

Zcash the first truly anonymous cryptocurrency

Zcash — a decentralized cryptocurrency developed by Zerocoin Electric Coin Company in 2016. The main feature is the ability to send truly hidden payments, which provide a high level of security and anonymization. Since the Zero-Knowledge protocol is used, the blockchain does not get full open transaction information.

Address Types

There are 2 types of addresses: a z-address, which is protected by a zero-disclosure proof protocol and is anonymous, and a t-address, which is public. Today 95% of ZEC addresses are open.

Transaction processing speed on the Zcash blockchain

ZEC is a relatively fast blockchain. The average formation time of a new block is approximately 2.5 minutes, which is several times faster than Bitcoin. The developers plan to improve the software and even switch to a completely new blockchain in the future, reducing the complexity of mining. This will reduce the time to confirm one transaction to 1-5 minutes.

Zcash network fee

Cryptocurrency Zcash gained great popularity not only due to anonymity. Many users rated the extremely low fee on transfers. For example, for 2019, it did not exceed $0.0007, and the average figure was in the range of $0.0001.