What is BitTorrent currency and how can it be monetized?

By brightinvestor | BrightInvestor | 19 Aug 2021


🔰 What is BitTorrent currency ?

BitTorrent is the largest file sharing protocol in the world, BitTorrent is a peer-to-peer protocol.
This protocol allows users to download several different files quickly and free of charge from the Internet
BitTorrent also has the ability to upload files.


🔰How does BitTorrent work?

BitTorrent is a peer-to-peer protocol for transferring and receiving files and data types.
When you download a file from the Internet, the file is downloaded from several sources, which are called Seed.
Each of these seeds are a BitTorrent network node that you can easily create these network nodes and make money! In the following, we will discuss the methods of this work and its tricks.


🔰BitTorrent team

Bram Cohen created BitTorrent in 2001 and released a new version in 2013, after which in June 2018, Justin Sun the founder of Tron bought BitTorrent for $ 120 million to develop the Atlas project.

🔰BitTorrent wallet

BitTorrent is a trc-10 token that uses the Tron network.
So you can save it in wallets that support Trx.
For example, trust and automatic wallets

🔰BitTorrent price status

At the time of writing, BitTorrent is ranked 48th in the market with a market cap of $ 2.68 billion.
BitTorrent is currently priced at $ 0.004075 and has a 0.13% share of the total cryptocurrency market.


🔰Step-By-Step guide to making money from BitTorrent

create a "btfs" network node and mining the bittorrent.
1) Download the classic BitTorrent program from this link, or download it from the BitTorrent site.

2) Download the program and install it on your computer, it is better to do this operation on a virtual server, because you need to be constantly connected to the Internet.

3) After downloading and installing, you must activate the BTFS section in the program, to do this, go to the options menu and then go to the Preferences section. Activate the BTFS node tick there, as shown below:

btfs

 

4) After activating the tick, wait a few minutes for BTFS to be activated automatically in BitTorrent software.

5) After activating BTFS, click on it to open the BTFS page in your browser.

6) After activating BTFS, click on it to open the BTFS page in your browser.

7) At this stage you have to wait a few hours for you to be recognized as a key node, after which you can create a wallet for yourself.

8) In the hosts section, you must allocate host volume for bit torrent mining to start mining.

 

btfs2


** 🔔 For your better understanding, I am posting three tutorial videos to fully understand this. And I put the main URLs of the videos so that the content rules are not violated.

 

 

 

🌺🌿 Thank you for paying attention to this article, I wish you all the best.

 

🔰 The main link of videos : 

https://www.youtube.com/watch?v=G00svsJ3Tf4

https://www.youtube.com/results?search_query=btfs

https://www.youtube.com/watch?v=LeeZKc-lrnQ

 

 

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brightinvestor
brightinvestor

I'm a blogger and cryptocurrency expert, I will talk about projects that you can easily earn income! new profitable projects, if you want to get rich, be sure to follow me!


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