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BitTorrent

BitTorrent

BTT
#114
$0.0₆3047Up 3.18 percent($0.00)

Key Stats

Market Cap$300.79MUp 3.18 percent
Volume (24h)$4.87M
Fully Diluted Value$301.69M
Vol/Mkt Cap (24h)1.62%
Total Supply990.00T BTT
Max Supply990.00T BTT
Circulating Supply987.04T BTT
Launch Date2020-12-01

BitTorrent Information

Websites
www.bittorrent.comWhitepaper
Block Explorers
bttcscan.com
Supported Standards
BRC-20
Industries
Decentralized Infrastructure

BitTorrent Price Converter

BitTorrentBTT
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Latest BitTorrent News

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Bitcoin 'Grossly Undervalued' at Current Prices, Traders Say Ahead of CPI, Trump-Harris Debate Week
Positive

Bitcoin 'Grossly Undervalued' at Current Prices, Traders Say Ahead of CPI, Trump-Harris Debate Week

Neutral

NY Judge Rejects SEC’s Efforts to Stymie Tron’s Arguments in Ongoing Securities Suit

Positive

BitTorrent's BTT Surges 12% as Owner Tron Completes TRX Burn

Positive

BitTorrent's BTT Token Doubles in Value as Tron, on Which It's Issued, Hits 200M Users

BitTorrent Markets

View all
InstrumentExchangeBenchmark DataPrice24h Change
BitTorrentUSD logo
BTT-USD
BTT1MUSD
bullish logobullish
AA
0.0₆3019USD
2.27%
BitTorrentUSDT logo
BTT-USDT
BTT_USDT
whitebit logowhitebit
BB
0.0₆3052USDT
3.49%
BitTorrentUSDT logo
BTT-USDT
BTTCUSDT
binance logobinance
AA
0.0₆3100USDT
3.33%
BitTorrentUSDT logo
BTT-USDT
BTTUSDT
bybit logobybit
A
0.0₆3035USDT
2.64%
BitTorrentUSDT logo
BTT-USDT
BTT_USDT
gateio logogateio
A
0.0₆3032USDT
2.61%

About BitTorrent

BitTorrent Token (BTT) is a cryptocurrency developed for use in the BitTorrent peer-to-peer file-sharing network. It was introduced in 2019 after the BitTorrent Foundation, originally created by Bram Cohen and David Harrison in 2001, was acquired by the Tron Foundation in 2018. BTT is based on TRON, a decentralized blockchain platform. BTT powers several decentralized applications and has been incorporated into the BitTorrent protocol to establish a token-based economy centered around networking, bandwidth, and storage resources. The BitTorrent Speed feature uses BTT to incentivize users to continue seeding files after they're fully downloaded, improving download speeds or network longevity. Beyond file sharing, BTT also has potential utility in trading computational resources between BitTorrent clients, with its divisibility allowing for precise pricing. The widespread use and integration of BTT wallets also suggest potential for additional use cases beyond the BitTorrent ecosystem.

Frequently Asked Questions

BitTorrent Token (BTT) is a cryptocurrency designed to facilitate transactions within the BitTorrent peer-to-peer (P2P) file-sharing network BitTorrent (BTT) the token is a TRC-10 utility token based on the TRON blockchain, a decentralized blockchain platform, BTT was introduced in January 2019 through an Initial Coin Offering (ICO). It can be used to buy or exchange resources such as bandwidth, storage, and computing power on the BitTorrent network​​.

BitTorrent was initially released in 2001 by developers Bram Cohen and David Harrison. The BitTorrent Foundation was later acquired by the Tron Foundation, led by Justin Sun, in 2018. Following this acquisition, the BTT token was introduced to the public by the BitTorrent team in 2019 through an ICO​​.

BTT powers a range of decentralized applications, including DLive, BitTorrent Speed, BitTorrent File System, among others. The token has been integrated into the BitTorrent protocol to create a token-based economy for networking, bandwidth, and storage. It enables network participants to capture the value of shared bandwidth.

One of the unique features of BTT is BitTorrent Speed, which allows peers to incentivize each other with BTT to continue seeding files after the complete download, thus enhancing swarm lifetime and download speeds for all swarm participants. Additionally, BTT incentives are available to BitTorrent client implementers, third-party software developers, and online publishers, aiming to increase the variety of participants within the network.

Furthermore, BitTorrent and Torrent software users receive integrated cryptographic token wallets, which, together with the expected widespread availability of BTT wallets, may open the door to new uses for the coin unrelated to BitTorrent technology. The BitTorrent team anticipates that millions of users will amass minor amounts of BTT as a result of offering services, potentially opening up other ways to use their BTT.

BTT serves as a methodological framework for trading computing resources among BitTorrent clients and a liquid market of service requesters and suppliers. In the BitTorrent ecosystem, BTT is the unit used to denominate transactions for the supply of services. The token is divisible, allowing for more precise pricing​​.