- BitTorrent chain to be launched soon
- Promises close to zero transaction fee
BitTorrent is a peer-to-peer file sharing (P2P) communication protocol that allows users to transfer data and electronic files over the Internet in a decentralized way.
On an Internet-connected computer, a person uses a BitTorrent client to transfer and receive files. A BitTorrent client is a computer program that uses the BitTorrent protocol to send and receive data. BitTorrent clients are available for a range of platforms and operating systems, including a BitTorrent, Inc. official client.
BitTorrent trackers give a list of files that are accessible for transfer and help the client to locate “seeds,” or peer users who may transfer the files. It is a popular protocol for exchanging huge files, such as digital video files with TV episodes and video clips, or digital audio files with songs.
BitTorrent (BTT) is the native token of the world’s most popular file-sharing protocol. On the Tron blockchain, BTT is a TRC-10 token. It was developed to improve the BitTorrent protocol, which was first released in 2001 and was purchased by the Tron Foundation in 2018.
Tron represents a new era of decentralized platforms, and BitTorrent was one of the first decentralized networks on the internet, therefore the two are a fantastic match. With over 100 million monthly members, BitTorrent is also one of the most popular networks. BTT has a huge reach right away as a result of this.
BITTORRENT SET TO LAUNCH CHAIN
BitTorrent announced on their Twitter page on 14th October 2021 that they will soon be launching their chain in order to improve their services most especially the transaction fee. It was promised as announced that the transaction fee will be so minimal to the extent that it was described as close – to- zero.
— BitTorrent Inc. (@BitTorrent) October 13, 2021
THE FUTURE OF BITTORRENT
The native token trades currently at $0.003669 USD according to the Coinmarketcap, with $282,493,182 USD in 24-hour trading volume. Our BTT to USD pricing is updated in real-time. In the last 24 hours, BitTorrent has gained 0.52 per cent. With a live market cap of $2,421,663,110 USD. It ranks at #59 with a circulating supply of 659,952,625,000 BTT coins, with no maximum limit.
BitTorrent’s original purpose was to upend the traditional entertainment sector and the way people get content. BitTorrent’s user base has grown to include individuals interested in decentralized solutions and cryptocurrency, as well as its own users.