BitTorrent is a protocol that creates advanced technologies to efficiently move large files across the internet.
BitTorrent, Inc., (renamed to Rainberry, Inc. in 2017) headquartered in San Francisco, California, is a privately held American company that is responsible for the ongoing development of the BitTorrent peer-to-peer protocol, as well as the ongoing development of µTorrent and BitTorrent Mainline, two clients for that protocol. Files transferred using the BitTorrent protocol constitute a significant slice of all Internet traffic. At its peak, 170 million people used the protocol every month, according to the company’s website. The company was founded on September 22, 2004 by Bram Cohen and Ashwin Navin. Bram Cohen left the company in 2018.
Bitcoin’s network hashrate reached an all-time high, signaling strong long-term growth potential despite recent market stagnation and liquidation of long positions.
Despite the current movement of TRX on Binance, Tron price remains resilient to correction while eyeing for a strong breakout on the technical chart.
In addition, TRON’s affiliated token, BitTorrent (BTT), has experienced a resurgence in interest, bolstering the overall ecosystem.