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Crypto Almanac Daily

BitTorrent

BTTRank #140
$0.00+3.12%
Market cap
$267.71M
24h volume
$7.90M
24h high
$0.00
24h low
$0.00
Circulating supply
987,037,885,840,675 BTT
All-time high
$0.000003
All-time low
$0.00
Max supply
990,000,000,000,000
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Liquidity

Where to buy BitTorrent

PoloniexBTT/USDTTrade
ParibuBTTC/TRYTrade
HTXBTT/USDTTrade
GroveXBTT/USDTTrade
WhiteBITBTT/USDTTrade
BinanceBTTC/USDTTrade
UpbitBTT/KRWTrade
HotcoinBTT/USDTTrade
BingXBTT/USDTTrade
IcrypexBTT/USDTTrade
Overview

About BitTorrent

BTT adds a payment layer to BitTorrent, the file-sharing protocol that has moved enormous volumes of data since 2001. The problem it targets is real and specific: nothing has ever compensated the people who keep files available after they have finished downloading.

The seeding problem is genuine

BitTorrent works when users continue sharing files after downloading them. Nothing rewards that, so files with declining interest lose seeders and become unavailable. Adding payment gives a reason to keep seeding, which addresses the protocol's clearest long-standing weakness.

Retrofitting incentives onto an established protocol

BitTorrent has an enormous existing user base built over two decades. Adding a token layer to a working protocol is a different proposition from launching a new network and hoping for adoption — the users are already there, which is the hardest part to manufacture.

The friction is behavioural

Users accustomed to a free protocol may not adopt payments, and the amounts involved are small. Any incentive layer on an established free system faces the question of whether people will change habits for marginal compensation, which is not primarily a technical matter.

Ecosystem context

The protocol was acquired and the token issued within the TRON ecosystem, so it carries that chain's characteristics including its governance concentration. That association is part of the assessment rather than incidental to it.

What to weigh

A real problem with a plausible mechanism, attached to a genuinely large existing user base, with adoption depending on behaviour change rather than on technology.

Reference

Technical data

ConsensusTRC-10 token (secured by TRON's DPoS)
Max supply990,000,000,000,000 BTT
Reference

Frequently asked

What problem does BTT address?

Nothing has ever compensated users for seeding files after downloading, so files with declining interest lose seeders and become unavailable.

Why does an existing user base matter?

BitTorrent has two decades of users. Adding incentives to a working protocol avoids the hardest problem in launching any network — attracting people to it.

What is the main obstacle?

Behavioural. Users accustomed to a free protocol may not adopt payments for marginal amounts, which is not a technical problem.