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BitTorrent (New) Price

(BTT)

$0.00000027
0.00%(5m)

1m5m15m1h8h1d1W
BitTorrent (New) (BTT) Live Price Chart

    BitTorrent (New) Live Price Data

    The live price of BitTorrent (New) is 0.00000027, with a total trading volume of 32603870404.498 in the last 24 hours. The price of BitTorrent (New) changed by +0.77% in the past day, and its value has increased by +2.85% over the last week. With a circulating supply of 987.04T BTT, the market cap of BitTorrent (New) is currently 268862945.11802920061913005200 , marking a +0.77% increase today. BitTorrent (New) currently ranks #105 in market cap.

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    Note: This data is for reference only.
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    BTT(BTT) Profile

    altRank105
    rate--
    Expand
    $0.00000027
    $0.00000028

    ATH
    $0.00000305
    Price Change (1h)
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    Price Change (24h)
    +0.77%
    Price Change (7d)
    +2.85%
    Market Cap
    24h Volume
    Circulating Supply
    987.04T
    Max Supply
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    About BitTorrent (New)

    • What Is BitTorrent (BTT) Crypto?

      BitTorrent Token (BTT) is a cryptocurrency that is pivotal in the BitTorrent ecosystem. This ecosystem is built on the BitTorrent protocol, a decentralized, peer-to-peer file-sharing solution that revolutionizes how users transfer files without relying on centralized servers.

      BitTorrent, founded in 2001, remains one of the largest decentralized protocols globally. In 2018, it formed a strategic partnership with the TRON blockchain, solidifying its position as the world's largest decentralized application (dApp).

      BitTorrent has been at the forefront of dApp innovation for over a decade. Its decentralized services encompass a wide array of functionalities, including distributed messaging, P2P live video streaming, file synchronization, and distributed web hosting.

      The TRON Foundation and the BitTorrent Foundation jointly developed BTT. Their collaboration aimed to establish a token-based economy that facilitates decentralized networking and resource utilization.

      $BTT serves as a utility token within the BitTorrent ecosystem. Users can utilize BTT for various purposes, including network access, bandwidth, and storage.

    • How Does BitTorrent Work?

      BitTorrent Token (BTT) operates through a hybrid model, combining on-chain and off-chain processes. This innovative approach facilitates seamless token transfers between BitTorrent's high-performance private ledger and TRON, a prominent public blockchain network. Key functions of BitTorrent crypto include:

      Monetizing BitTorrent Services

      BTT empowers users of the BitTorrent protocol to monetize their contributions efficiently. Users can offer decentralized infrastructure services, like hosting files and providing storage space, and receive incentives in the form of BTT cryptocurrency. This integration of blockchain technology enhances the scalability, transparency, and trustworthiness of BitTorrent's services.

      Fueling the BitTorrent Ecosystem

      BTT extends its utility beyond protocol tokenization. It is the native currency across various decentralized applications (dApps) within the BitTorrent ecosystem. These dApps include BitTorrent Speed, BitTorrent File System, DLive, and more.

      Enhancing Download Speeds

      Users who enable BitTorrent Speed while downloading content can utilize BTT to reward uploaders. This incentivizes uploaders to allocate additional bandwidth and storage resources, leading to faster download speeds on the decentralized network.

    • History of BitTorrent and BTT Coin

      The BitTorrent protocol, created by Bram Cohen and David Harrison in 2001, has been a prominent peer-to-peer file-sharing system for years. In 2019, they embraced blockchain and cryptocurrencies, giving rise to the BitTorrent Token (BTT) to incentivize and enhance the BitTorrent ecosystem.

      BTT’s Evolution

      Initially, BTT was introduced as a TRC-10 token on the TRON blockchain, aiming to incentivize faster download services within the decentralized BitTorrent network. Later, it underwent an upgrade, becoming a TRC-20 token supporting smart contracts. This upgrade enhanced its capabilities.

      Token-based Economy

      The vision behind BTT extends to establishing a robust token-based economy. Users contributing networking, storage, and bandwidth resources will receive BTT as incentives, promoting active participation within the ecosystem.

      BitTorrent Project Launch

      The BitTorrent Token project commenced in December 2017, followed by an initial private token sale a year later. In January 2019, BTT was launched on the TRON mainnet, making it accessible to a broader audience. An initial exchange offering (IEO) on Binance further expanded its availability.

      BitTorrent Speed

      In July 2019, BitTorrent developers introduced BitTorrent Speed, enabling users to utilize BTT tokens for faster download speeds through payments. This innovative feature incentivized users to contribute to the network's efficiency.

      BitTorrent’s BTFS

      In October 2019, BitTorrent achieved another milestone by launching its first decentralized file-sharing protocol, BTFS, on the TRON mainnet. This further solidified BitTorrent's position as a pioneer in decentralized technology.

    FAQ

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    • How to Earn BTT Tokens on BitTorrent

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    • What is the all-time high price of BitTorrent (New) (BTT)?

    • What is the all-time low price of BitTorrent (New) (BTT)?

    • How much BitTorrent (New) (BTT) is there in circulation?

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