Since its launch, TRON set the limit of 990 billion BTT. It should be noted that in order to obtain a significant amount of BTT it is necessary to download a large number of such files. It is as easy as downloading a copy of a movie, book or game and sharing it with other users. The user is simply compensated for storing files on his or her computer. This work does not require a large investment or extraordinary equipment.
BITTORRENT CRYPTOCURRENCY FULL
All those who keep and share the full copy of the files stored on their computers (also known as seeds) are rewarded with BTT tokens. This token is used within the platform as an incentive for its users. Unlike cryptocurrencies such as Bitcoin, BTT has a delegated proof-of-stake mining mechanism. You still don’t know what TRON is, you can find out in this article.īut back to BitTorrent, this digital currency was created with the aim of improving the BitTorrent protocol and being able to link it to the blockchain. In the following days the token increased its price from 0.00012 USD to 0.005 in three days and so on.īitTorrent (BTT) is a TRC-10 cryptographic token that runs on the TRON blockchain. It managed to raise more than 7 million by selling 60 billion BTT in minutes. In January 2019, the ICO for the BTT token was held. It was already owned by the Tron Foundation and the cryptocurrency was launched on the TRON blockchain based on its TRC-10 standard. Among these tools is its native cryptographic token BTT. It should be noted that the project moves more than 40% of the world’s file traffic on the Internet.īitTorrent, as time went by, added new tools for the use of the platform. It was bought by Justin Sun for the value of 140 million dollars. The company belonged to Bram Cohem until 2018, when on June 18 it became part of the Tron Foundation. The protocol was created in April 2001 to publish its first implementation in July 2001. It was only a matter of time before his project became known and today it is the most important in terms of file exchanges.
BITTORRENT CRYPTOCURRENCY SOFTWARE
Bram is a well-known American who stands out for his software engineering skills. This company was founded by Bram Cohem in 2001.
The history of this cryptocurrency begins with the creation of the company BitTorrent Inc.
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