What Is BitTorrent (BTT)?
BitTorrent is a modern peer-to-peer (P2P) file sharing and torrent platform that has grown frequently decentralized.
Initially issued in July 2001, BitTorrent was acquired by the blockchain platform Tron in July 2018.
After its acquisition, BitTorrent has joined several innovative mechanisms, with a dedicated primary cryptocurrency token, BTT, issued in February 2019. BTT was started on TRON's blockchain, utilizing its TRC-10 standard.
In this regard, in conventional literature, BitTorrent is the "largest decentralized P2P communications protocol" globally.
What is the advantage of BitTorrent?
The first BitTorrent is Bram Cohen's brainchild, a developer and businessperson who has become well appreciated in the cryptocurrency field.
Cohen has demonstrated that he invented BitTorrent to appropriate the dated entertainment trade, making material gradual and costly.
The platform has noticed various constitutional struggles, with Cohen preparing to violate copyright laws in enabling users to experience data like songs and films.
In 2018, TRON concluded its takeover of BitTorrent, leading BitTorrent under the direction of Justin Sun.