Question 1

What is BitTorrent (BTT)?

Accepted Answer

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​​.

Question 2

Who created BitTorrent (BTT)?

Accepted Answer

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​​.

Question 3

What is it used for?

Accepted Answer

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​​.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	BTT-USDT BTT_USDT	gateio	A	0.0₆3596USDT	1,38%	1.307.466.199.275,00BTT	8.964	0.0₆3547USDT	0.0₆3612USDT
2	BTT-USDT BTTCUSDT	binance	AA	0.0₆3700USDT	2,78%	1.272.623.170.774,00BTT	9.868	0.0₆3600USDT	0.0₆3700USDT
3	BTT-USDT BTT_USDT	whitebit	BB	0.0₆3648USDT	2,79%	1.261.090.471.742,00BTT	17.439	0.0₆3549USDT	0.0₆3705USDT
4	BTT-USD BTT1MUSD	bullish	AA	0.0₆3598USD	1,47%	669.539.979.590,00BTT	353	0.0₆3546USD	0.0₆3603USD
5	BTT-USDT BTTUSDT	bybit	A	0.0₆3595USDT	0,98%	228.441.607.537,00BTT	924	0.0₆3560USDT	0.0₆3624USDT
6	BTT-USDT BTTUSDT_SPBL	bitget	BB	0.0₆3593USDT	1,38%	206.892.605.187,00BTT	743	0.0₆3544USDT	0.0₆3614USDT
7	BTT-USDT BTT-USDT	kucoin	BB	0.0₆3588USDT	0,93%	43.813.482.941,63BTT	542	0.0₆3554USDT	0.0₆3612USDT
8	BTT-USD BTTUSD	kraken	AA	0.0₆3600USD	1,61%	12.872.032.387,98BTT	170	0.0₆3543USD	0.0₆3659USD
9	BTT-USDT BTTCUSDT	cexio	BB	0.0₆3600USDT	2,86%	1.566.099.721,00BTT	3	0.0₆3500USDT	0.0₆3600USDT
10	BTT-USD BTTCUSD	cexio	BB	0.0₆3500USD	0,00%	923.799.287,00BTT	2	0.0₆3500USD	0.0₆3500USD
11	BTT-EUR BTTEUR	kraken	AA	0.0₆3246EUR	1,34%	547.342.274,20BTT	8	0.0₆3202EUR	0.0₆3250EUR
12	BTT-EUR BTTCEUR	cexio	BB	0.0₆3100EUR	0,00%	68.187.000,00BTT	1	0.0₆3100EUR	0.0₆3100EUR
13	BTT-USDT bttusdt	huobipro	C	0.0₆3600USDT	1,64%	17.450.613.222.753,40BTT	27.215	0.0₆3542USDT	0.0₆3600USDT
14	BTT-USDT BTT_USDT	poloniex	C	0.0₆3589USDT	1,04%	7.143.374.413.679,00BTT	32.250	0.0₆3552USDT	0.0₆3594USDT
15	BTT-KRW KRW-BTT	upbit	B	0.0₃4830KRW	0,21%	1.026.980.623.120,69BTT	999	0.0₃4820KRW	0.0₃4850KRW
16	BTT-USDT BTT_USDT	coinw	-	0.0₆3593USDT	0,96%	714.785.763.133,23BTT	8.082	0.0₆3559USDT	0.0₆3598USDT
17	BTT-XRP BTTCXRP	bitrue	D	0.0₆2930XRP	3,17%	568.240.169.327,47BTT	36.414	0.0₆2840XRP	0.0₆2940XRP
18	BTT-USDT BTTCUSDT	bitrue	D	0.0₆3639USDT	3,12%	454.706.077.779,00BTT	30.933	0.0₆3530USDT	0.0₆3660USDT
19	BTT-USDT BTT-USDT	bingx	D	0.0₆3588USDT	0,96%	310.987.388.692,00BTT	4.022	0.0₆3554USDT	0.0₆3609USDT
20	BTT-THB THB_BTT	bitkub	C	0.0₄1196THB	-1,05%	222.972.110.826,40BTT	887	0.0₄1208THB	0.0₄1226THB
21	BTT-USDT BTTUSDT	mexc	C	0.0₆3602USDT	1,38%	161.548.590.783,96BTT	3.466	0.0₆3553USDT	0.0₆3616USDT
22	BTT-USDT BTT_USDT	bydfi	-	0.0₆3597USDT	1,24%	98.197.338.644,63BTT	2.954	0.0₆3553USDT	0.0₆3613USDT
23	BTT-KRW BTT_KRW	bithumbkorea	-	0.0₃4000KRW	-20,00%	31.243.885.432,52BTT	56	0.0₃5000KRW	0.0₃5000KRW
24	BTT-EUR BTT-EUR	bitvavo	B	0.0₆3125EUR	9,03%	29.169.913.231,00BTT	296	0.0₆2867EUR	0.0₆3149EUR
25	BTT-USDT BTT_USDT	bitmart	B	0.0₆2619USDT	0,00%	0BTT	0	0.0₆2619USDT	0.0₆2619USDT
26	BTT-USDC BTTUSDC	bit2me	B	0.0₆3588USDC	1,53%	1.064.291.532,63BTT	36	0.0₆3533USDC	0.0₆3588USDC
27	BTT-USDT bttusdt	indodax	E	0.0₆3500USDT	0,00%	545.462.449,17BTT	8	0.0₆3500USDT	0.0₆3600USDT
28	BTT-KRW BTT_KRW	coinone	C	0.0₃5000KRW	0,00%	461.509.100,53BTT	10	0.0₃5000KRW	0.0₃5000KRW
29	BTT-BRL BTT-BRL	mercadobtc	C	0.0₅1950BRL	0,00%	111.392.180,00BTT	22	0.0₅1950BRL	0.0₅2480BRL
30	BTT-USDC BTTUSDC	hitbtc	E	0.0₆4125USDC	-0,00%	0BTT	0	0.0₆4125USDC	0.0₆4125USDC
31	BTT-KRW btt_krw	korbit	C	0.0₃5000KRW	0,00%	0BTT	0	0.0₃5000KRW	0.0₃5000KRW
32	BTT-USDT BTTUSDT	hitbtc	E	0.0₆2000USDT	0,00%	0BTT	0	0.0₆2000USDT	0.0₆2000USDT
33	BTT-INR BTTINR	bitbns	-	0.0₅9970INR	0,00%	1.587.796,00BTT	1	0.0₅9970INR	0.0₅9970INR