The BitTorrent coin was created in early 2019 in an attempt to tokenize the popular file-sharing protocol and use blockchain to improve content delivery and bandwidth availability. There are 990 000 000 000 BTT coins in circulation, so follow our tradingview bot to improve your trading performance and keep you on track with your trading system.
BitTorrent (BTT) is a blockchain-based digital asset that enables several of the world's most popular decentralized protocols and apps. BitTorrent is a decentralized file-sharing system created by computer programmer Bram Cohen in 2001. It was created to allow the movement of big computer data without the use of a central server, and it is responsible for a major portion of the world's internet traffic. BitTorrent Speed, BitTorrent File System, and DLive are examples of decentralized programs powered by BTT.
BitTorrent was bought by blockchain platform TRON in July 2018. A dedicated native cryptocurrency token BTT was published in February 2019. TRON's own blockchain, which complies to the TRC-10 standard, was used to release BitTorrent coin.
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BitTorrent, by using the internet's decentralized nature, provides an efficient method of file sharing. Check out some of the advantages of getting a BitTorrent token.
It is one of the most affordable solutions for publishers that need to transfer massive files. Also, the BitTorrent community has the ability to quickly download big files.
The BitTorrent network will also help the community since content creators will be able to upload massive files at a fraction of the cost. As the cost of uploading and distributing material falls, so will the price of the content. As a result, the community must pay less for the material.
As a result, BTT coin may be used by users to add additional value to both provided computer resources and the transaction process.
BTT is at the center of a future decentralization of platforms aimed at promoting transparency, avoiding censorship, and rewarding users.
By combining the BitTorrent peer-to-peer network and the TRON blockchain into a single ecosystem, BTT gets blockchain closer to becoming a mainstream technology.
BTT crypto provides users with market-driven incentives to encourage collaboration, allowing BitTorrent Swarms to be optimized.
BitTorrent has also ventured into the world of commercial services, with many 'premium' versions of the platform available that feature VPN and ad-free browsing.
Bittorrent token price has increased by more than 3000 percent in the last year. BTT cost $0.00022 in April 2020 and $0.008024 in April 2021.
The whole BitTorrent volume is 990 billion BTT, which will be gradually unlocked until 2028 as planned.
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