It is mainly utilized by the developers of dApps. All the earned assets are stored in the integrated wallet.īitTorrent File System is a protocol and network implementation that offers a peer-to-peer mechanism of uploading and downloading digital content in a decentralized filing system. So the uploaders will get a possibility to earn the assets and will be motivated to seed the file longer.
BITTORRENT STOCK PRICE UTORRENT
It also offers premium options such as VPN, no ad browsing, etc.īitTorrent Speed is a downloading client like uTorrent but with advanced options, in particular, downloaders will be able to offer tokens to the uploader to improve download speed. And as Bram Cohen thinks exchange of the information, in this case, should be fast and convenient. The initial idea of creating the project was to unload the entertainment industry that got overloaded with the data and became slow and cluttered.ĭespite the fact that the technology has seen a lot of criticism for pirating, Cohen replies that nothing illegal is happening as the users just exchange the content between themselves. As of now, BitTorrent is still considered to be the biggest decentralized P2P communication protocol.
The project was originally created in 2001 by Bram Cohen but was bought by TRON blockchain in 2018 and got its own native BTT token after a year in 2019. The asset is used to power a number of dApps including BitTorrent Speed, BitTorrent File system, DLive, etc. BTT is a TRC-10 utility token implemented on the TRON blockchain that powers the most popular decentralized protocols and applications.
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