About the project:
BitTorrent Token (BTT) was launched in early 2019 by the BitTorrent Company whose owner is Justin Sun. BTT was aimed to be a Decentralized file sharing protocol via a vast peer to peer (P2P) network on the internet.
BTT was launched on the Tron Blockchain. Tron is also owned by Justin Sun. (Know more about Tron - TRX coin here)
Anyone who uses the file sharing protocol enabled by Bittorrent company can get BTT as reward or fee for participating in the network.
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BitTorrent Token Logo |
The following are some use cases of BTT:
- We can spend BTT for getting higher download speeds in the uTorrent or BitTorrent clients. These are open source software applications which are used for free content sharing over the internet using P2P.
- We can receive BTT for providing a piece of file which is required by another user somewhere on the internet. This is usually called as seeding in Bittorrent clients.
- DLive and BitTorrent File System are also a part of the BTT Protocol and can be used to spend or receive BTT Tokens.
(I will explain more details in next week's post "How to earn the BTT Freely". Bookmark this site if interested)
Ticker Symbol for BitTorrent Token is "BTT"
Here is a Live Chart of Trading rates for Buying and Selling BTT in Crypto Markets:
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