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Acquired by TRON in 2018, BitTorrent runs the world’s largest decentralised peer-to-peer communications protocol for the distribution of data and large files over the internet. BitTorrent is responsible for moving a high percentage of global internet traffic on a daily basis and has more than 100 million active users each month. With its token BTT, BitTorrent has set out to tokenise the world’s largest decentralised file sharing protocol. BTT is a TRC10 utility token based on the blockchain which powers the features of the most popular decentralised protocols and applications in the world. Find out more about BitTorrent (BTT) on their official website.
The BitTorrent File System (BTFS) is both a protocol and a network implementation
The implementation provides a content-addressable, peer-to-peer mechanism for sharing and storing digital content in a decentralised system
Transactions are settled in an “off-chain/on-chain” way, with token transfers between the TRON blockchain and private ledgers made possible
BTT can be used to pay for advertising bids, to incentivise service providers to distribute content, to pay for decentralised storage services and more
The total supply of BTT is 990 billion tokens
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Over 50 digital assets, including Bitcoin, Ethereum, Ripple and more
European company, founded in 2014 in Vienna, Austria
Multiple fiat currencies, including euro, Swiss franc, British pound, US dollar and Turkish lira