About BTT Crypto
BTT Crypto is a popular peer-to-peer (P2P) file sharing and torrent platform which has become increasingly decentralized in recent years. Originally released in July 2001, BitTorrent was purchased by blockchain platform TRON in July 2018. Since its acquisition, BitTorrent has added various new tools, with a dedicated native cryptocurrency token, BTT, released in February 2019. BTT was launched on TRON’s own blockchain, using its TRC-10 standard. According to its official literature, BitTorrent is currently the “largest decentralized P2P communications protocol” in the world.
BTT Crypto Point Table
| Coin Basic | Information |
|---|---|
| Coin Name | BTT Crypto |
| Short Name | BTT |
| Circulating Supply | 3,659,780 BOMB |
| Max Supply | 100,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
What Makes BitTorrent Unique?
BitTorrent’s original goal was to disrupt the legacy entertainment industry and how consumers obtain content.
Expensive and inefficient distribution networks were the main target, with original developer Bram Cohen seeing benefits in allowing internet users to distribute content among themselves directly.
In the early 2000s, BitTorrent became the go-to P2P file sharing platform, with TRON stepping in 2018.
Under TRON, BitTorrent has expanded its user appeal to those interested in decentralized solutions and cryptocurrency, as well as to its own user base.
Among the added features are BitTorrent Speed, which uses the BTT token as part of its operations.
BitTorrent has also branched out into paid services, offering several “premium” versions of its platform which include VPN capabilities and ad-free browsing.
Connecting All Chains
As a world-leading blockchain scaling solution, BTTC provides cross-chain service between heterogeneous blockchains, providing a quicker, more cost-efficient, and more scalable platform for Web3 developers.
Multi-Chain Scaling Solution
With full EVM compatibility, high TPS and low gas fee, BTTC is among the best blockchain scaling solutions.
Compatible
BTTC supports EVM blockchains (Ethereum, BSC) and heterogeneous blockchain (TRON)
Fast
Throughput up to 7,000 TPS and block time down to 2-3 seconds
Secure
Independent validators across the globe secures the network through PoS consensus mechanism
Affordable
Average gas fee is less than $0.01, greatly reduces transaction cost.
BTTC Bridge
A decentralized solution for asset transfers across multiple blockchains, facilitating value exchange.
Chain-Agnostic
BTTC Bridge supports EVM blockchains (Ethereum, BSC) and heterogeneous blockchain (TRON)
Various Token Choices
With token mapping mechanism, BTTC Bridge supports more than a hundred mainstream tokens.
Who Are the Founders of BitTorrent?
The original BitTorrent is the brainchild of Bram Cohen, a developer and entrepreneur who himself has since become well known in the cryptocurrency arena.
Cohen has explained that he designed BitTorrent to usurp the dated entertainment industry, which made obtaining material slow and expensive.
The platform has seen multiple legal battles, with Cohen maintaining that it does not break copyright laws in allowing users to share files such as music and movies among themselves.
In 2018, TRON completed its acquisition of BitTorrent, bringing BitTorrent under the control of Justin Sun. Sun is notorious for his plugging of both TRON as a cryptocurrency and its blockchain technology, bidding $4.5 million at a charity auction to have lunch with Warren Buffett (well-known anti-crypto figure) and discuss cryptocurrency with him.
TRON is also behind the addition of cryptocurrency to BitTorrent, as the BTT token was released on TRON’s blockchain. The move formed part of TRON’s efforts to add further decentralized features to the platform.
BTT
As the native token of BTTC, BTT is the cornerstone for the ecosystem.
Fuels BTTC
Gas fees on BTTC are paid in BTT, making the token the foundation of the BTTC network.
Secures BTTC
Stake BTT to become a validator or delegator, get involved in the network governance, and keep the network running smoothly.
Governance
Innovators from all around the world are connected by BTTC Governance, share ideas and feedback, and shape the future of BTTC together.
Forum
Join the forum to discuss with users from all over the world, build the future of BTTC.
BTT Staking
Stake BTT to become a validator or delegator, get involved in the network governance, and keep the network running smoothly.
How Is the BitTorrent Network Secured?
BitTorrent says that it employs “the highest level of security measures” in order to secure user funds, but advises that cryptocurrency involves inherent risk.
The company recommends that users protect themselves against theft, in the form of malware or similar programs, by using options such as biometric verification.
Where Can You Buy BitTorrent (BTT)?
BTT is tradable for cryptocurrencies, stablecoins and even fiat currencies on major exchanges. Binance, Huobi Global and OKEx are among the offerings.
BTT FAQ
What is BitTorrent?
BitTorrent is a popular peer-to-peer (P2P) file sharing and torrent platform which has become increasingly decentralized in recent years. It allows users to share large files such as movies, music, and software by breaking them down into smaller pieces and distributing them across multiple computers. This decentralized approach makes it easier and faster to download files than traditional file sharing methods.
Is BitTorrent legal?
BitTorrent itself is a legal technology, but the files being shared may not be. It is important to make sure you have the right to download and share the files you are interested in
How do I use BitTorrent?
To use BitTorrent, you need to first download a BitTorrent client such as uTorrent or BitTorrent. Once you have a client installed, you can search for and download torrent files from various websites. These files will typically contain information about the file you want to download, including its size, name, and a list of trackers. Once you open the torrent file in your client, the download will start automatically.
What are seeders and leechers in BitTorrent?
Seeders are users who have completed downloading the entire file and are now sharing it with others. Leechers are users who are still in the process of downloading the file. The more seeders a file has, the faster it will be to download.
Can I be tracked while using BitTorrent?
Yes, it is possible to be tracked while using BitTorrent. It is recommended to use a VPN (Virtual Private Network) to help protect your privacy and anonymity while using BitTorrent.
