BitTorrent, a P2P file-sharing company, has 100 million active users and 1 billion end users in 138 countries around the world.
Tron, a Chinese cryptocurrency company, acquired BitTorrent, the largest user in the P2P market, for $120 million in June 2018.
The BitTorrent acquisition, as part of its ecosystem expansion strategy, combines BitTorrent's infrastructure with Tron's blockchain to create the world's largest P2P network.
Users receive greater rewards when maintaining seeds of high sparsity data, and users who do not use tokens are also faster than ever before with increased seeds.
You can share a wide range of files, and when they become commercialized in the future, they will expand globally to buy, reward live, crowdfunding, and more.
Features / Introduction
BitTorrent's total supply is 990 billion, and most of the 98.9 billion are supplied and distributed in the market.
As of March 23, the market capitalization ranking was 34th and the market capitalization was 3.5 trillion won.
BitTorrentX is the world's largest distributed network powered by BitTorrent Coin (BTT).
200 million wallets, 2 billion users, 100 million MAU, and monthly active users as MAU = Monthly Activity User.
Features of the BitTorrent App
BitTorrent supports multiple apps, including storage systems, streaming, skilled apps, mobile downloaders, and REMOTE.
Bulk Download: BitTorrent clients act as a bulk torrent downloader, allowing dozens of files to be downloaded simultaneously
Prioritize: When downloading more than one torrent, it allocates more bandwidth to a particular torrent for faster downloads.
Network resource savings: Set download/upload rate limits to free up resources for other operations
Slow download protection: You can check the status of the torrent before you start and during the download.
Remote 토렌트사이트 Management: Remote features allow you to add torrents to BitTorrent Android or the browser on any device
Convenient time schedule: You can use the scheduler to specify the time to download or seed through the torrent program.
Select a TRON platform
When BitTorrent's P2P Internet network and Tron blockchain are combined, it will be commercialized to more than 100 million users.
Tron was chosen as BTT's platform thanks to its fast transaction processing speed.
Tron has 200 times faster transaction processing than Ethereum (ETH) networks.
Provides a space where BTT tokens can be exchanged on a Tron platform that processes about 3 million transactions daily
Why do you even use BitTorrent while using BTT?
There are many types of Torrent programs, but as we know, old or other versions of Torrent can be used without using BTT.
So while BTT has no effect on using Torrent itself, BitTorrent introduces the user through the shortcomings of the existing version.
Improve the discentralization of Webhard, a paid-sharing system, by eliminating the need for people (seeds) to share materials or to use them at a slower pace.
Buyers can be found all over the world, and anyone can sell at a cost to share materials without any strings attached.
Paid P2P system that guarantees users revenue from complete files, high-speed downloads, and uploaders, such as web hard drives.
BitTorrent's P2P sharing method divides one file into pieces, downloads different pieces, and completes them into one file.
The more people who distribute the pieces, the faster the download speed is, but most people finish downloading and delete it's deleted.
This overall slows download speeds down, so Torrent will reward you by creating a BTT token to keep many people seeded.
a market price / outlook
BitTorrent is listed on large exchanges such as Upbeat, Binance, OKEx, Huobi, Bithumb, etc.
The Upbit Exchange has the largest trading volume, and is currently trading at around 1BTT = 3.54 KRW.
What is the outlook for BitTorrent Coin BTT?
one of the few coins in action
In fact, BitTorrent (BTT) tokens can be used in BitTorrent and UTorrent, and TRON has acquired the company.
If we look at the acquisition of D-live, a decentralized streaming platform with 5 million monthly users, I think it's not a miscellaneous coin without a real place to use.
The total issue volume and transaction volume of 99 billion is difficult to pump the price, but it is currently being used by 100 million people around the world.
The outlook is not bad because it's a system that motivates data delivery and compensation for seed retention.
The current rise in BitTorrent coins is a preference for low-priced coins.
Recently, there have been many coins soaring from low prices, so coin investment these days is more interested in coin investment at lower prices than in technology.
In case of BTT, it's a low price, but it needs to be considered that it's a heavy market capitalization with close to 1 trillion issues.
one's personal opinion
What do you think of when you think of Torrent? It's a free download of illegal content.
In general, many users visit because it has a wider range of services such as Netflix and Watcha, and the materials I want are cheaper.
They are one of the data that comes up constantly no matter how many illegal publications they crack down on, and they cause fatal damage to film companies and developers.
I think U-Torrents and BitTorrents are always targeted as they are related, and illegal is a serious issue for cryptocurrency exchanges.
Because it can be an incoming problem, the BitTorrent name doesn't really mean it's a stable investment.
But since BitTorrent's technology, number of users, number of client downloads, and mobile support development are not negligible, I personally think BitTorrent will last forever as long as there is a user who wants data with our society.
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