Market Data & Token Stats
| Fully Diluted Valuation | $319.42M |
|---|---|
| 24H Trading Volume | $5.21M |
| 24H Low / High | $0.063205 / $0.063239 |
| Circulating Supply | 987,037.89B |
| Total Supply | 990,000.00B |
| Max Supply | 990,000.00B |
Market Health Signals
| Vol / MC Ratio | 1.64% Low |
|---|---|
| Circulating Ratio | 99.70% Very High |
Key Project Information
| Categories | DePIN 11 more |
|---|---|
| Founder | Bram Cohen |
| Website | bt.io Whitepaper |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 4 more |
| Explorer | Arkm 7 more |
| Contracts |
0xc66....97957
4 more
|
OGAudit Security Evaluation & Social Audit Metrics
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BitTorrent (btt) Expert User Reviews
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$btt Markets
| Name | Pair | OG Score |
|---|
About BitTorrent
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.
What is unique about BitTorrent (BTT)?
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.
Who are the founders of BitTorrent (BTT)?
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.
Who are the backers/investors of BitTorrent (BTT)?
TRON, under the leadership of Justin Sun, completed the acquisition of BitTorrent in 2018, making TRON a significant backer and investor in BitTorrent (BTT).
Where can I buy BitTorrent (BTT)?
You can buy BitTorrent (BTT) on Binance, Bybit, Gate.io, MEXCBitget cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the BitTorrent Official Website, BitTorrent Whitepaper, BitTorrent GitHub Repository and BitTorrent X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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