BitTorrent Unveils BTFS Protocol v3.0 Beta with Enhanced Security Features
The
BitTorrent
File
System
(BTFS)
has
launched
its
v3.0
Beta,
introducing
several
groundbreaking
features
aimed
at
bolstering
network
security,
improving
user
experience,
and
streamlining
operational
efficiency,
according
to
BitTorrent
Inc..
Key
Features
of
BTFS
v3.0
Beta
The
new
version
of
BTFS
comes
packed
with
a
variety
of
enhancements
that
address
critical
aspects
of
network
functionality:
-
Enhanced
Encryption
Feature:
Following
the
BTIP-72
proposal,
the
protocol
now
supports
symmetric
encryption,
catering
to
diverse
security
needs
of
the
users. -
Improved
Node
Security:
As
per
BTIP-73,
the
import
and
export
of
keystore
files
are
now
enabled,
significantly
enhancing
node
security
and
simplifying
management
tasks. -
Batch
Withdrawal:
The
new
version
allows
for
batch
withdrawals
across
multiple
nodes,
greatly
optimizing
the
process
for
miners
and
enhancing
operational
efficiency. -
Improved
Connectivity:
Extensive
overhauls
in
network
connection
protocols
ensure
more
stable
and
efficient
data
transmission.
Community
Contributions
and
Future
Enhancements
BitTorrent
Inc.
emphasized
its
commitment
to
further
improving
the
BTFS
protocol
and
promoting
the
evolution
of
decentralized
networks.
The
company
acknowledged
the
valuable
support
and
contributions
from
its
community,
which
played
a
crucial
role
in
shaping
the
latest
updates.
About
BTFS
The
BitTorrent
File
System
(BTFS)
serves
as
both
a
protocol
and
web
application,
providing
a
content-addressable
peer-to-peer
mechanism
for
storing
and
sharing
digital
content
in
a
decentralized
file
system.
It
also
acts
as
a
foundational
platform
for
decentralized
applications
(Dapps).
The
BTFS
team
is
constantly
working
on
dynamic
adjustments,
such
as
upload
prices
and
airdrop
reward
schemes,
based
on
the
latest
network
operations
and
BTT
market
sentiment.
Image
source:
Shutterstock
.
.
.
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