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.
