BitTorrent [New]

BitTorrent [New] is a decentralized peer-to-peer (P2P) file-sharing protocol that has gained significant attention in the cryptocurrency space. Originally launched in 2001, BitTorrent was purchased by the blockchain platform TRON in 2018, which led to the introduction of the native cryptocurrency token, BTT, in 2019. BitTorrent's primary objective has been to disrupt the traditional entertainment industry by providing a more efficient and affordable way for users to distribute and access digital content. The platform allows users to share files directly with each other, bypassing centralized distribution networks that were often slow and expensive. Under TRON's ownership, BitTorrent has expanded its offerings and added new features, including the integration of the BTT token. The BTT token serves various purposes within the BitTorrent ecosystem, such as enabling users to pay for faster downloads through the BitTorrent Speed feature.