BitTorrent's decentralized ecosystem, powered by BTT, rewards users, enhances download speeds, and promotes active participation in file-sharing. More
Fully Diluted Valuation | $654.47M |
---|---|
24H Trading Volume | $20.46M |
24H Low / High | $0.000000654572 / $ 0.000000663859 |
Circulating Supply | 986,061,142,857,000 |
Total Supply | 990,000,000,000,000 |
Max Supply | 990,000,000,000,000 |
Categories | DePIN 11 more |
---|---|
Founder | Bram Cohen |
Website | bittorrent.com |
Socials | 3 more |
Chains |
Ethereum Ecosystem
4 more
|
Explorer | Bscscan 7 more |
Contracts |
![]()
|
Name | Pair | OG Score |
---|
In the ever-evolving landscape of peer-to-peer file-sharing, BitTorrent has emerged as a trailblazer since its inception in 2001. Acquired by TRON in 2018, BitTorrent has embraced decentralization and introduced innovative tools, including its native cryptocurrency, BitTorrent Token (BTT). BTT operates as a TRC-20 utility token within the BitTorrent ecosystem, fueling decentralized applications (DApps) like BitTorrent Speed and BitTorrent File System. The introduction of BTT in 2019 marked a significant milestone, addressing challenges such as asymmetrical upload/download speeds by incentivizing users to contribute bandwidth and storage resources to the network.
BitTorrent's decentralized protocol, founded by Bram Cohen, aims to disrupt traditional content distribution methods. Under TRON's leadership, BitTorrent has expanded its user base by integrating cryptocurrency and offering premium services. BitTorrent Speed, a tool powered by BTT, enhances download speeds by rewarding users who seed files for longer durations. Furthermore, the BitTorrent ecosystem has diversified its offerings, including decentralized messaging, P2P live video streaming, file synchronization, and distributed web hosting.
The hybrid model of BitTorrent Token involves both on-chain and off-chain processes, facilitating efficient token transfers between BitTorrent's private ledger and the TRON blockchain. BTT plays a pivotal role in monetizing BitTorrent services, empowering users to offer decentralized infrastructure services and receive incentives in the form of BTT. This innovative approach enhances the scalability, transparency, and trustworthiness of the BitTorrent ecosystem, making it a noteworthy player in the decentralized technology landscape.
BitTorrent (BTT) stands out for its integration of the TRC-20 utility token, incentivizing users to contribute bandwidth, storage, and enhance download speeds within its decentralized file-sharing ecosystem.
BitTorrent was originally created by Bram Cohen, an entrepreneur aiming to revolutionize content distribution. Following its acquisition by TRON in 2018, Justin Sun became a key figure in BitTorrent's development.
TRON, under the leadership of Justin Sun, completed the acquisition of BitTorrent in 2018, making TRON a significant backer and investor in BitTorrent (BTT).
You can buy BitTorrent (BTT) on Binance, MEXC, Gate.io, BitgetBybit cryptocurrency exchanges.
This website uses cookies to enhance your experience. Please see our Cookie Policy.