BITTORRENT INITIAL RELEASE DATE DOWNLOAD

In 2018, the Tron Foundation, the entity behind the Tron (TRX) blockchain, acquired BitTorrent, integrated the protocol into its blockchain, and introduced the BTT cryptocurrency to monetize popular BitTorrent services.īTT can be used to pay for a variety of BitTorrent services such as downloading content, accessing faster download speeds, watching live streams, and using decentralized data storage. What Is BTT?Īlthough BitTorrent has always been a hugely popular service, it struggled to turn this popularity into commercial success. BTT trades at $0.0036 per coin (3.6 cents per 10 BTT), with a circulating supply of nearly 660 billion coins, for a market cap of nearly $2.4 billion. In essence, you get the needed file in small bits from a number of other BitTorrent users.īTT is the cryptocurrency that powers BitTorrent’s blockchain-based transactions. Using BitTorrent, you can download files you need from different sources, each contributing a bit of overall content. The downloaded content is often located on many different computers around the world. BitTorrent is a file sharing protocol where users connect to each other’s computers in a decentralized way to download content. The TRON ecosystem has gained incredible traction in recent years, with over 52 million users on the blockchain and upwards of 2.3 billion transactions.Before Bitcoin and blockchain technology were even conceived as an idea, another decentralized peer-to-peer (P2P) network, BitTorrent, was among the most popular online platforms in the world. July 2018 also marked the acquisition of BitTorrent, a pioneer in decentralized services boasting nearly 100M monthly active users. Founded in September 2017 by Justin Sun, the company has continued to deliver impressive achievements since MainNet launch in May 2018. TRON is dedicated to accelerating the decentralization of the internet VIA blockchain technology and decentralized applications (DaPPS). Stay tuned!įounded in 2004, BitTorrent is one of the largest decentralized peer-to-peer networks in the world, with almost 100 million active users driving 22% of upstream and 3% of downstream traffic globally. The specific election scheme and reward rules will be announced soon. Participants who successfully apply will receive a formal notice after the application is closed and officially participate in the BTTC Super Representative election. Super Representatives that fulfill their functions will receive rewards from the system.īitTorrent Chain (BTTC) is committed to building a healthy TRON ecosystem that benefits all its global users and welcomes the participation of outstanding institutions and project teams. As a general rule, an institution or individual needs to stake a certain amount of tokens as required to apply to be a Super Representative on the PoS chain. Super Representatives have played a vital role in public chains as they evolve they ensure the smooth operation of the entire public chain system while serving as the direct representation of the blockchain value of decentralization. To further enhance the BitTorrent Chain (BTTC) ecosystem and tap into talent for community management, the team behind BTTC has decided to launch the BTTC Super Representative (node validator) application and recruit quality Super Representatives from global communities. Furthermore, BTTC will support and be compatible with TRON, Ethereum, and Binance Smart Chain (BSC) upon its release, allowing users to transfer mainstream assets among TRON, Ethereum, and BSC in a decentralized manner without any restrictions. The protocol adopts a PoS (Proof of Stake) consensus mechanism, deploying multiple Super Representatives to validate transactions, and is compatible with EVM.

BTTC marks TRON and BitTorrents’ first-ever foray into the cross-chain field, heralding the advent of a whole new era! Now calling for quality projects and institutions around the world.īTTC is the first heterogeneous cross-chain interoperability protocol built on TRON, co-developed by the core teams of BitTorrent and TRON. TRON, one of the world’s largest and most popular blockchain-based operating systems, and BitTorrent, the leader in peer-to-peer protocols and products, announced the official launch of BitTorrent Chain (BTTC) on October 30th, 2021.

Bittorrent initial release date