BitTorrent announces the coming BTFS 2.0 Mainnet Launch and the New Airdrop Plan

 


After a period of testing, they are excited to introduce to you the BTFS 2.0 Mainnet, which is temporarily scheduled to be launched on the BTTC Mainnet on February 22

Here is some information regarding the airdrop plan during the transition period from BTFS 1.0 to BTFS 2.0 to fully prepare our users for the new version. The plan and the timetable are as follows:

1. From February 15, the BTFS airdrop rewards will be migrated from TRON to BTTC. The BTT rewards will no longer be airdropped to existing TRON addresses, but rather to nodes’ BTTC addresses automatically. Users can manage the BTT they receive by importing the private key of the node to MetaMask wallets, as is detailed in: https://docs.btfs.io/v2.0/docs/btfs-20-airdrop-account-management.

2. From February 15, the existing airdrop plan will be replaced by a 3-week airdrop plan for the transition period, which will terminate on March 7. During the transition period, the airdrop rewards will be distributed to BTFS 1.0 and 2.0 nodes proportionally, with the total rewards remaining unchanged. From March 8, the rewards will be airdropped solely to BTFS 2.0 nodes, and the BTFS 1.0 nodes will no longer receive any airdrop rewards. The detailed timetable and reward distribution ratios are as follows:
  • February 15, 2022 — February 21, 2022 (Week One) BTFS 1.0 vs BTFS 2.0 ; 100% vs 0%
  • February 22, 2022 — February 28, 2022 (Week Two) BTFS 1.0 vs BTFS 2.0; 80% vs 20%
  • March 1, 2022 — March 7, 2022 (Week Three) BTFS 1.0 vs BTFS 2.0; 50% vs 50%
  • From March 8, 2022 onwards BTFS 1.0 vs BTFS 2.0; 0% vs 100%
3. The NFT badge event for BTFS 2.0 Testnet will end on February 22. Come and be their tester if you want to bag yourself an exclusive BTFS NFT badge! For details, please see: https://www.btfs.io/#/btfs2genesis-badge

4. The data and private key stored on BTFS 1.0 node will not be affected during the upgrade to 2.0 and will remain valid on the new network. More details on the upgrade will be revealed before the launch of BTFS 2.0. Please do not uninstall or delete node data to avoid an impact on your airdrop rewards.

The dates laid out above are subject to changes. Please refer to the latest community announcements for the up-to-date timetable. Please arrange your node upgrade to BTFS 2.0 accordingly during the transition period.

Please reach out to us if you have any questions about BTFS.
WeChat community (CN): BTTService02
Discord community (EN): https://discord.gg/SnrDUhRM
Discord community (CN): https://discord.gg/C85jcc5C

About BTFS
The BitTorrent File System (BTFS) is both a protocol and a web application that provides a content-addressable peer-to-peer mechanism for storing and sharing digital content in a decentralized file system, as well as a base platform for decentralized applications (Dapp). The BTFS team has been working on the latest network operations and BTT market sentiment, etc., to make a series of dynamic adjustments such as upload prices and airdrop reward schemes.






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