BitTorrent-New
BTT
Crypto
Decentralised Networks
USD 0.0000011+2.57%
BitTorrent-New
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL2
L1/L2Other
Sub-cateegorytron
Ecosystem2019
Year of creation
Description
BitTorrent-New (BTT) is a Decentralised Networks crypto token. BitTorrent-New was founded on 2019-01-31 on the TRON ecosystem. More information can be found at https://bt.io/.
Key Technical Advantages:
BTT is a TRON TRC-10 cryptographic token introduced by the TRON Foundation and BitTorrent Foundation. It serves as a general-purpose mechanism for transacting computing resources shared between BitTorrent clients and enables a liquid market of service requesters and service providers. BitTorrent Speed is a feature that uses BTT to incentivize users to continue seeding files after completing downloads. It aims to increase swarm longevity and improve download speeds for all swarm participants. BTT will be integrated into future participating BitTorrent and uTorrent clients. It adds a new set of extensions to the BitTorrent protocol, allowing users to advertise their bids within a swarm and trade BTT in exchange for prioritized access to seeds. Due to the expected volume of transactions, a combination of an on-chain/off-chain exchange will be used to facilitate the transfer of tokens between a high-performance private ledger and the public TRON blockchain. The longer-term vision for BTT includes creating a distributed infrastructure platform for third-party app developers, laying the foundation for the decentralized web. BitTorrent plans to work with third-party developers to create and promote APIs and a marketplace for distributed infrastructure services based on networking and storage primitives. Content summarized by AI chatbotSource:
https://www.bittorrent.com/btt/btt-docs/BitTorrent_(BTT)_White_Paper_v0.8.7_Feb_2019.pdfKey figures
-3.38%1Y
%3Y
%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
30.08.2022
USD 0.00
All Time High
45.84%
% of All Time High
-84.41%All Time
-69.45%1 year
Max drawdown
#96
Ranking by Market Cap
1,069.78 M
Market cap (USD)
0.00%
% of Market
900.450 B
Category Market Cap (USD)
0.12%
% of Category
990000000000000
Circulating Supply
968246428571000
Liquid Supply
97.80%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
48727046
Volume Traded
5.62%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
3.00
Innovation:
4.00
Society:
4.00
Nature:
3.00
Aleks Therich
bit by bit
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