$0.0000
1H
-0.28%$0.0000
24H
-3.89%$0.0000
7D
5.51%$0.0000
30D
-18.5%$0.0000
BitTorrent aims to tokenize the decentralized file-sharing protocol with their cryptocurrency asset launched early in 2019. BTT represents a TRC-10 utility token based on the TRON blockchain that could allow content creators to connect with their audience, earn and spend digital currency without a middleman. According to their website, BitTorrent (BTT) tokens can be bid in exchange for faster downloads or stored in a wallet built into the BitTorrent client.
Both BitTorrent and parent company TRON share a vision of a decentralized internet without barriers.
The sudden rising craze around farming the Chia coin has resulted in massive demand for SSD and enterprise-grade storage hard drives. This has further pushed the surge in the price of these hard drives by 50-60%.
The ongoing rally in the BitTorrent (BTT) ecosystem may be linked to heightened interest in the protocol following the announcement of key upgrades including the increase in the BitTorrent File Sharing (BTFS) network decentralization.
BitTorrent Inc., the leader in peer-to-peer (P2P) technology, hosted Link the Future: BitTorrentX Product Release virtual conference on December 16th 2020.
BitTorrent Inc. today announced plans to acquire live streaming platform DLive.tv and migrate all BitTorrent related services to one unified ecosystem named BitTorrent X.
As a content-addressable, peer-to-peer storage mechanism, BTFS aims to overcome some of the major limitations of centralized file transfer protocols, like performance bottlenecks, low tolerance, and increased running costs.