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BTT can be used for a variety of services in the ecosystem. Service requesters can advertise bids and pay with BitTorrent Token for more bandwidth to receive content while Service providers will be incentivized to distribute content to more people, ensuring more robust performance. Second, BitTorrent Token is used to pay for decentralized storage service allowing for users to pay for services over time and to download stored data from these providers for a fee. This can be useful for remote backup and sharing of data among small groups. Finally, users can pay for a decentralized proxy service that will allow requesters to retrieve content over URL in order to evade IP-level network control.
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BitTorrent (BTT) is a cryptocurrency that operates on the Tron Foundation blockchain. It is connected to a renowned file-sharing service BitTorrent Token. It was created with an eye to tokenize BitTorrent, the largest decentralized file-sharing protocol in the world. BTT is a TRC-10 utility token based on the blockchain that powers features of the most popular decentralized protocols and applications in the world. BTFS is a decentralized file storage system supported by millions of BitTorrent user nodes. By running on the blockchain, which has a Delegated proof of Stake method of processing blockchain transactions, BTFS addresses these limitations. BTFS represents the first decentralized storage system that can be used by decentralized application (DApp) developers. Soon, BTT will be introduced into the BTFS ecosystem to incentivize a fair and abundant file system.