Source. Crypto info.com
What is Bit Torrent?
BitTorrent aims to tokenize the decentralized file-sharing protocol with their cryptocurrency asset launched early in 2019. BTT represents a TRC-10 utility token based on the TRON blockchain that could allow content creators to connect with their audience, earn and spend digital currency without a middleman.
According to their website, BitTorrent (BTT) tokens can be bid in exchange for faster downloads or stored in a wallet built into the BitTorrent client. Both BitTorrent and parent company TRON share a vision of a decentralized internet without barriers.
According to the team, the BitTorrent Protocol is the largest decentralized protocol in the world with over 1 billion users. The Protocol was developed and since maintained by BitTorrent company. Among the various forms of implementations, BitTorrent and μTorrent remain the most popular.