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The BitTorrent Token (BTT) is a multi-purpose token that is a part of the BitTorrent ecosystem, following its acquisition by cryptocurrency focused entity, the TRON Foundation, in July 2018. The news quickly made the rounds and TRON founder Justin Sun outlined some grand ambitions for BitTorrent in the near future, which include rewards seeders with the token for their efforts.
File sharing software like BitTorrent and utorrent are extremely popular, whose user bases number in the many millions. TRON saw this as an opportunity to expand its own network.
The BitTorrent Token runs on the TRON protocol, and can be used to reward seeders for sharing files on the peer-to-peer file sharing network. Users can also pay more BTT to receive more bandwidth, a sort of premium file sharing option that can be paid for.
Most recently, the BitTorrent team announced three new plans to incentive stakeholders to use the tokens: users, partners and the general ecosystem. The first concentrates on increasing educational efforts surrounding blockchain technology and “will facilitate access to the latest BitTorrent technology and TRON’s ecosystem.” The second relates to a partnership plan that will encompass exchanges and wallets that support BTT. The third is an attempt to allow clients relying on the BitTorrent protocol to offer BTT to their users.
Details on development are a little scarce, but it has been made known that BitTorrent Enhancement Protocols (BEPs), wallet support and dapp experimentation are on the agenda for 2019. The team is also working on bringing content over from the TRON ecosystem.
30 Jun 2020 2 minute read 0 comments PassionCryptodotcom
TRON CEO Justin Sun announced the launch of the main BTFS network which will provide a globally rewarding data mining model for all users. The main BTFS network offers 6 advantages to its users, ranging from low prices to a user-friendly interface....
15 Jun 2020 3 minute read 3 comments Cryptonsula
Origins: Born amidst the bullrun of 2017, Tron is one of the promising second generation cryptocurrencies roaming within the cryptocurrency space at present. The original idea behind the tron network is to capitalize on, and decentralize the multimed...
10 May 2020 1 minute read 0 comments chris04
The best method I use to earn BTT is by using the claim on the faucet allcoins.pw, this tap offers 1.3 BTT every 5 minutes.Another method is to accumulate TRX (Tron) and to receive monthly BTT in airdrop. TRON is also featured on allcoins.pw With the...
6 May 2020 1 minute read 0 comments wulck
Maybe you already heard about BitTorrentToken - BTT and their airdrop which is running until 2025. To participate in the airdrop you only have to hold Tron TRX in your Tron wallet, which is also compatible with TRC-10 tokens. The usecases are interes...
6 May 2020 1 minute read 0 comments bluekasumi
Hello everyone,if you're a Tron hodler you'll get distributions of BTT and Wink. I reviece them on Binance each month. You may have wondered what to do with them. Trading them or holding them?I've been missing the option to let these currencies work...
1 May 2020 2 minute read 0 comments Sapphire
The Perfect Solution To Free BTT So perhaps you have been staking TRX for sometime and have been accumulating BTT simultaneously. Most people will most likely just leave them lying in their wallet or try and sell them for BTC. The reason I say try, i...
25 Apr 2020 6 minute read 2 comments autohn
Update: Currently Binance has changed the way to buy tokens of IEO projects on their Binance Launchpad platform, to buy tokens, users must hold a certain amount of BNB within 20 days before the IEO takes place. to receive a "lottery ticket", then Bin...
22 Apr 2020 5 minute read 0 comments ChangeNOW
Since launching in 2019, BTT has been able to possess the crypto market for a while, and the hype behind the project led to the entire initial coin offering (ICO) selling out within only 15 minutes and raising about $7.2 million in this process. BitT...
5 Apr 2020 3 minute read 0 comments Creativeboy
Hey guys, Today I've compiled many detailed of questions and detailed answers to help you understand to TRC-10 utility token based on the TRON blockchain to foster faster speed on the world’s largest decentralized application BITTORRENT (BTT) Hope yo...
25 Feb 2020 1 minute read 0 comments DaniBom
As you may know the popular streaming platform DLIVE was integrated into the Tron ecosystem a few weeks ago. Starting yesterday, all Non-US Lino holders can swap their Lino Tokens at a 3% premium on Poloniex and the option will be open until April 14...
