Tron is an intelligent contract blockchain, thus tokens can be created as side groups on the Tron blockchain, much like how Ethereum's ERC-20 currencies function. Sun bought the company in 2018 intending to integrate a cryptocurrency onto the network.
#Buy bittorrent coin download
To access the protocol, users must use a BitTorrent client, which allows them to search for and download files that peers have uploaded to the protocol.īitTorrent drew the attention of Tron CEO Justin Sun because of its decentralized nature. Despite its low price, BTT has a market worth of $5.6 billion because there are 660 billion coins in circulation.īitTorrent is a decentralized peer-to-peer file sharing system that allows users to share video, music, and text files. The coin's starting price was $0.00012, and it is currently trading at $0.0085.
According to the business, BTT will be used for more use cases shortly, including decentralized file storage solutions.īitTorrent's initial coin offering (ICO) in 2019 was a huge success, earning $7.2 million within only 20 minutes. This also provides a financial incentive for file sharing to retain their files on the network. The coin is used to give file sharing priority to individuals who pay BitTorrent coins to file sharers. BitTorrent was founded before the advent of cryptocurrency, and it developed a peer-to-peer file-sharing network with over 100 countries around the world.īitTorrent launched its initial coin offering in 2019, with ambitions to embed the coin into the network and use it for transactions, personalized usage, and cloud storage.īitTorrent currency (BTT) is a Tron-based token that follows the TRC-10 token standard. Unlike the majority of cryptocurrencies on the market today, BitTorrent is not based on distributed ledger technology.
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