Sirwin
Sirwin

BitTorrent (BTT)

119 Articles 13 Followers

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.


The integration of BTT with AI computing.

11 Mar 2024 1 minute read 0 comments Kriptux

The founder of TRON Blockchain, Justin Sun, announced through a post on the Social Network X the integration of BitTorrent (BTT) with Artificial Intelligence Computing (AI). As expressed by Justin Sun, BitTorrent's global base of millions of users an...

Tron Founder Justin Sun's tweet made BTT rocks over 17%!

4 Mar 2024 1 minute read 0 comments HiRaj

Dear Readers, All of us known very much that the Tron Founder Justin Sun. Not only with the TRX founder, he bought the Huobi Crypto Exchange and renamed it to HTX.  He also converted the HT coins to HTX coins for which the voluntary conversion is on....

Everything You Need to Know About BitTorrent (BTT): An In Depth Analysis

15 Dec 2023 3 minute read 2 comments Coins Reporter

BitTorrent (BTT) is one of the few tokens (not coins) that are massively popular worldwide. This token is one of the rarest, not only because its circulation is in the trillions, but also because each token represents a use case.  After the crypto ma...

BTT: Decrypting the Future of Payments with NOWPayments’ Subscription Magic

18 Aug 2023 4 minute read 0 comments NOWPayments

Accept BTT payments In the bustling world of cryptocurrency, BTT is the cool kid on the block, quietly changing the game. Born from BitTorrent’s brilliance, BTT dances on the TRON blockchain, offering more than just transactions – it’s a portal t...

BTTC: Unlocking the Future of Digital Payments, Bit by Bit

28 Jun 2023 4 minute read 0 comments NOWPayments

Accept BTTC payments Are you ready to take your business to the next level? Accepting BTTC payments could be the game-changing solution you’ve been looking for. In this article, we will explore the benefits of accepting BTTC payments and how it c...

Everything You Need to Know About BitTorrent and How to Accept It

25 May 2023 4 minute read 2 comments Plisio

In 2005, BitTorrent, a P2P file-sharing application created by Bram Cohen and David Harrison, constituted approximately 35% of total internet traffic due to its advantages over other internet transfer protocols. However, as internet speeds increased...

My Worst Crypto Investments

7 Apr 2023 2 minute read 4 comments Cryptofab

Although I am globally satisfied with the performance of my cryptocurrency portfolio, I also made some mistakes along the way. Like many investors, I've had my fair share of bad investments, and some of the worst have been in coins and tokens that ha...

Dominica launches a first-of-its-kind national token.

1 Dec 2022 1 minute read 0 comments Yugocean

     The Commonwealth of Dominica is all set to launch the Dominica Coin (DMC) and the national varification form Dominica Digital ID (DID). This is the first of its kind. TRON: The Origin       On October 7, 2022, Tron Blockchain and its affiliated...

Who is Justin Sun?

21 Sep 2022 4 minute read 5 comments MintDice.com

If you have paid any attention to cryptocurrency news in the last several years, you have most likely heard of Justin Sun. This young Chinese-born entrepreneur has taken the crypto world by storm with his controversial tactics and business ventures....

The Nature of the Beast

13 Jul 2022 2 minute read 0 comments Emi1617

       Crypto by it's nature is and always was a highly risky asset. Anyone who invests knows there are high risk investments. Which generally means the rewards are hugely positive or highly negative. That's why investments should always be be done w...