BitTorrent (BTT)

112 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 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...

BitTorrent in Focus, the upcoming decentralized file sharing king?

28 Jan 2022 2 minute read 2 comments Austras

Decentralisation is the corner stone of crypto. No-one has true control of the system or blockchain. This idea is nothing new, projects such as today's focus Bittorrent can be found all the way back in 2001. But with Tron's fairly recent acquisition...

New Bittorrent Chain launch: what changes and where will the old BTT end up?

13 Jan 2022 2 minute read 0 comments biricash

  On December 12, 2021, the new Bittorrent Chain was launched, a protocol that adopts the proof-of-stake mechanism and allows the interoperability of the public chains of Ethereum, Tron and Binance Smart Chain. The launch of the new Bittorrent Chain...

BitTorrent BTT: A Peer to Peer File Sharing Platform that is Part of the TRON Blockchain

3 Jan 2022 3 minute read 3 comments 2sats

*obligatory not financial advice*   What is BitTorrent? BitTorrent is the oldest and most successful peer-to-peer file sharing platform. BitTorrent has been around since 2001 and it lets users share files with other people without needing a centraliz...

BitTorrent Is Forming Double Bottom Inside A Mighty Channel | BTT Price Prediction

31 Dec 2021 1 minute read 0 comments moon333

  Hi friends, hope you are well and welcome to the new update on BitTorrent ( BTT ) token.Big channel:On weekly time frame, after getting rejected by the resistance of a down channel now the priceline of Bittorrent is moving in a strong support zone...

(BTT) THE WAVE

23 Dec 2021 1 minute read 0 comments Redsky

Tron (TRX) is a decentralized blockchain, control block of (BTT).Today, as I think you have understood, we will talk about (BTT) As many of you already know, Justin Sun, former CEO of (TRX) has resigned, but don’t panic, because news is coming or ha...

The Decentralized storage series: episode 1: BTT(BitTorrent)

9 Oct 2021 1 minute read 5 comments excelencia

Excelencia  thinking this is the greatest of the decentralized storages up to now, therefore putting BTT first in this new excelencia series:                                    BTT(BitTorrent) number of twitter followers: 532K since april 2009.     ...

Crypto Under $1 That will Explode | Strong Fundamental | Top 5 |

20 Sep 2021 1 minute read 4 comments Kailash Mina

Hey Everyone, welcome back to My blog Crypto Times and Hope you guys are doing good. This article on crypto under $1 having very strong Fundamental   1. Vechain (VET) Vechain having very Strong Fundamentals, and Collab with the Chinese government, BM...

What is BitTorrent currency and how can it be monetized?

19 Aug 2021 2 minute read 0 comments brightinvestor

🔰 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 InternetBitTorrent...

4 Best BitTorrent Wallets in 2021

12 Aug 2021 2 minute read 4 comments ChangeNOW

With BitTorrent token growing by almost 900% since the beginning of 2021, many crypto investors are evaluating the potential of BTT and adding it to their portfolios. One more feature that makes BitTorrent attractive is that each month, TRON carries...