BTT

BitTorrentBTT

Rank #74
Token
On 36,639 watchlists

Precio de BitTorrent (BTT)

$0.0003572
1.50%

<0.00000001 BTC

0.0000002901 ETH

Disminuir:$0.0003453
Elevar:$0.0003661
24 horas
BTT  BitTorrent BTTPrice: $0.0003572 1.50%
Cap. de Mercado
$353,618,600
1.50%
Fully Diluted Market Cap
- -
Volumen
24 horas
$159,050,402
123.87%
Acciones en circulación
989,970,088,854 BTT
Acciones totales
990,000,000,000

BitTorrent Chart

 

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What Is BitTorrent (BTT)?

BitTorrent is a popular peer-to-peer (P2P) file sharing and torrent platform which has become increasingly decentralized in recent years.

Originally released in July 2001, BitTorrent was purchased by blockchain platform TRON in July 2018.

Since its acquisition, BitTorrent has added various new tools, with a dedicated native cryptocurrency token, BTT, released in February 2019. BTT was launched on TRON’s own blockchain, using its TRC-10 standard.

According to its official literature, BitTorrent is currently the “largest decentralized P2P communications protocol” in the world.

Who Are the Founders of BitTorrent?

The original BitTorrent is the brainchild of Bram Cohen, a developer and entrepreneur who himself has since become well known in the cryptocurrency arena.

Cohen has explained that he designed BitTorrent to usurp the dated entertainment industry, which made obtaining material slow and expensive.

The platform has seen multiple legal battles, with Cohen maintaining that it does not break copyright laws in allowing users to share files such as music and movies among themselves.

In 2018, TRON completed its acquisition of BitTorrent, bringing BitTorrent under the control of Justin Sun. Sun is notorious for his plugging of both TRON as a cryptocurrency and its blockchain technology, bidding $4.5 million at a charity auction to have lunch with Warren Buffett (well-known anti-crypto figure) and discuss cryptocurrency with him.

TRON is also behind the addition of cryptocurrency to BitTorrent, as the BTT token was released on TRON’s blockchain. The move formed part of TRON’s efforts to add further decentralized features to the platform.

What Makes BitTorrent Unique?

BitTorrent’s original goal was to disrupt the legacy entertainment industry and how consumers obtain content.

Expensive and inefficient distribution networks were the main target, with original developer Bram Cohen seeing benefits in allowing internet users to distribute content among themselves directly.

In the early 2000s, BitTorrent became the go-to P2P file sharing platform, with TRON stepping in 2018.

Under TRON, BitTorrent has expanded its user appeal to those interested in decentralized solutions and cryptocurrency, as well as to its own user base.

Among the added features are BitTorrent Speed, which uses the BTT token as part of its operations.

BitTorrent has also branched out into paid services, offering several “premium” versions of its platform which include VPN capabilities and ad-free browsing.

Read more about Upfiring here.

Read more about AXEL here.

New to crypto? Find the answers to all your questions on Alexandria, CoinMarketCap’s dedicated education resource.

How Many BitTorrent (BTT) Coins Are There in Circulation?

BTT is BitTorrent’s native cryptocurrency, issued on TRON’s blockchain as a TRC-10 standard token.

The total supply, as stated in its whitepaper, is 990,000,000,000 BTT. 6% of that total was available in a public token sale, 2% in a private token sale and 9% in a seed sale.

Another 20.1% are reserved for airdrops, which are set to occur at various points until 2025. The BitTorrent team and umbrella organization, the BitTorrent Foundation, were awarded 19% of the supply. The TRON foundation holds 20%, with 19.9% going to the BitTorrent ecosystem itself.

A final 4% of tokens are reserved for partnership activities.

BTT plays various roles in BitTorrent’s products, including allowing users to pay others for faster downloads with BitTorrent Speed.

How Is the BitTorrent Network Secured?

BitTorrent says that it employs “the highest level of security measures” in order to secure user funds, but advises that cryptocurrency involves inherent risk.

The company recommends that users protect themselves against theft, in the form of malware or similar programs, by using options such as biometric verification.

Where Can You Buy BitTorrent (BTT)?

BTT is tradable for cryptocurrencies, stablecoins and even fiat currencies on major exchanges. Binance, Huobi Global and OKEx are among the offerings.

To find out more about how to buy Bitcoin (BTC) or any other cryptocurrency, read CoinMarketCap’s easy guide.

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BTT

BitTorrent

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USD

United States Dollar

BTT Price Statistics

BitTorrent Precio hoy
Precio de BitTorrent$0.0003572
Price Change24h$-0.000005364

1.5%

24h Low / 24h High
$0.0003453 /
$0.0003661
Trading Volume24h$159,050,401.60

123.87%

Market Dominance0.04%
Nivel de mercado#74
BitTorrent Market Cap
Cap. de Mercado$353,618,599.82

1.5%

Fully Diluted Market CapSin datos
BitTorrent Precio ayer
Yesterday's Low / High
$0.0003508 /
$0.0003784
Apertura/cierre de ayer
$0.0003516 /
$0.0003649
Cambio de ayer

3.79%

Volumen de ayer$73,191,582.90
BitTorrent Historial de precios
7d Low / 7d High
$0.0003185 /
$0.0004314
30d Low / 30d High
$0.0002719 /
$0.0005238
90d Low / 90d High
$0.0002714 /
$0.0005238
52 Week Low / 52 Week High
$0.0001394 /
$0.0006264
Máximos en todos los tiempos
May 28, 2019 (2 years ago)
$0.001861

80.8%

Mínimos en todos los tiempos
Mar 13, 2020 (10 months ago)
$0.0001394

156.28%

ROI de BitTorrent

197.67%

BitTorrent Suministro
Acciones en circulación989,970,088,854 BTT
Acciones totales990,000,000,000 BTT
Acciones máximasSin datos

BitTorrent Mercados

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