The Torch Project was initiated by the Torch Team of the Darknet, and it is committed to solving difficult problems such as high block concurrency, difficult application, and payment secrecy in the future. The current blockchain industry is undergoing a revolution, and only after the big waves wash away the sand will the currency with real consensus . The HHT issued by the Torch Team will create the fourth largest cryptocurrency after Zcash. The Torch Project launched will be passed to every corner of the world like the spirit of the Torch, making the Torch Project like the Greek fire that will never go out. The Torch Project is the Torch 1.0 mining pool model POW. When the first halving comes, it will enter the POS pledge voting mechanism and will automatically start the destruction mechanism. Every time a transaction is generated, 5% of the miner's fee will be destroyed. In the end, HHT will The total amount is constant at 28 million pieces; the destruction mechanism will also spread the nodes of the Torch Project all over the world, and at the same time promote the price consensus of the Torch HHT and the balance of the ecosystem.