What is BitTorrent (BTT)? BitTorrent token is the main representative of the TRC-10 tokens in the Tron blockchain. The users could receive a payment for a hosted file. In fact, we can say that BTT is an incentive mechanism. This token could be used for purchasing of content, broadcasting and crowdfunding.
The process of using this coin is pretty clear. Persons who prefer to download high-quality content should pay other users who create or share content.
BitTorrent is one of the most popular file-sharing services. It was created in 2001 by Bram Cohen. In the summer 2018 BitTorrent Inc. was offered for sale. Justin Sun, the creator of Tron (TRX) cryptocurrency, bought this platform. He declared that he would present the real decentralized internet now. The ad hoc BitTorrent network was attached to the Tron blockchain. The main aim was to increase BitTorrent’s efficiency and to extend the capabilities of the network. That is why users should be motivated by a new cryptocurrency. They will receive a certain BTT for the saved BitTorrent files on their PC.
Right after the start of token implementation (in 18 minutes), the team of creators sold more than 60 billion BTT. The full sales of the coin brought creators about 7.2 million U.S. dollars.
Justin Sun promotes BTT with a help of show business and sports stars. That is one of the reasons why BTT is a very popular and successful now.
Let’s say you want to buy BitTorrent. What should you do? We suggest you go to the SimpleSwap homepage and follow the instructions below:
This is everything you need to know to buy BTT.