![BitTorrent [New] LOGO](https://www.bihezi.com/d/file/coin/16086.png)
The live price of BitTorrent [New] is - per (BTT / USD) with a current market cap of $732.23M USD. 24-hour trading volume is - USD. BTT to USD price is updated in real-time. BitTorrent [New] is -% in the last 24 hours with a circulating supply of 986,061.14B.
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BitTorrent-New is a decentralized ecosystem based on the BitTorrent online file-sharing platform (founded in the 2000s). In 2019, the Tron network acquired the struggling BitTorrent platform and decentralized it, aiming to upgrade the outdated technology in this classic online file-sharing community and revitalize it.
As the cryptocurrency of the BitTorrent network, BTT drives basic and advanced features in the BitTorrent decentralized network. Users can regularly monitor and track BTT prices on the Binance platform. The Tron network believes that with faster download speeds, improved efficiency, and other improvements, the seed file model can be retained.
BitTorrent is a popular peer-to-peer (P2P) file-sharing platform. BitTorrent was originally released in July 2001 and acquired by the blockchain platform TRON in July 2018. Since the acquisition, BitTorrent has added a variety of new tools and released a dedicated native cryptocurrency, BTT, in February 2019. BTT is issued on TRON’s own blockchain using its TRC-10 standard.
BTT stands for BitTorrent Token. It is the cryptocurrency of the BitTorrent-New digital network, which allows online users to easily share movies, music, and other media files without the involvement of a third party.
In 2019, BitTorrent was acquired by the Tron Foundation (creator of the Tron blockchain network).
BTT is used in the BitTorrent-New digital ecosystem and is traded between file requesters and providers on the BitTorrent platform. When a file requester requests to download a media file belonging to a provider, it uses BTT for the transaction, thereby enabling access to file fragments from multiple data sources. BTT is also used for additional features such as increased bandwidth to achieve faster download speeds.
BitTorrent-New is committed to continuously developing this file sharing model, acquiring other businesses, and establishing more strategic partnerships. The Tron Foundation firmly believes that the information transmission model between peers on the Internet platform can be widely applied in the blockchain field.
Thus, BitTorrent is in a unique position. As an original innovation of the past Internet era, it uses new blockchain technology to move the existing model forward and continues to evolve and upgrade in the process. BitTorrent, despite using an old name, is a new face in a new field.
The maximum total supply of BTT is 990 trillion, of which the circulating supply is 930 trillion to date. More BTT tokens will be released in the future. In addition, the token project has a destruction protocol, and the scheduled destruction plan may be executed at any time in the future.
The BitTorrent [New] to other currencies exchange rate?
