BitTorrent, acquired by TRON in 2018, has unveiled its own cryptocurrency—BitTorrent Token (BTT). This innovative token integrates with BitTorrent’s peer-to-peer (P2P) ecosystem, offering users paid priority access for faster downloads and optimized network performance.
Key Features of BTT
- TRC-10 Compatibility: BTT adheres to TRON’s TRC-10 standards, ensuring seamless interoperability with TRX and other TRON-based assets.
- Decentralized Distribution: Like TRX, BTT promotes global, decentralized content sharing.
- User Incentives: Token holders gain prioritized bandwidth, enhancing file-sharing efficiency.
The Genesis: Project Atlas
Initially teased in 2018 as "Project Atlas," BTT aims to incentivize growth within BitTorrent’s vast P2P network, which serves over 100 million users and handles:
- 22% of global upstream traffic
- 3% of downstream traffic
Current Availability and Future Rollout
BTT is undergoing limited regional testing (excluding the U.S.) via Binance’s Launchpad platform. According to Coin Telegraph, selective distributions will begin later this month.
FAQs
1. How does BTT improve download speeds?
BTT allows users to pay for priority bandwidth, reducing congestion and accelerating transfers within the BitTorrent network.
2. Is BTT available worldwide?
Currently, BTT testing excludes the U.S. but targets other regions through Binance Launchpad.
3. What’s the connection between TRON and BitTorrent?
TRON’s acquisition enabled resource integration, with BTT leveraging TRON’s blockchain for decentralized scalability.
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The Road Ahead
With its massive user base and TRON’s blockchain expertise, BitTorrent’s BTT could redefine P2P economics. Stay tuned for updates on its global deployment!
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