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.

Project Atlas, was announced by Tron Foundation in 2018 after Sun acquired BitTorrent Inc. The total supply of BTT is 990 billion tokens, all of which were created at the inception of the blockchain. The distribution of the tokens started in early 2019 via several means. First, a token sale was launched on Binance where users could pay for their BTT either in TRX (Tron’s native token) or in BNB (Binance’s native token). The sale of 59.8 billion tokens, worth about $7.2 million, sold in minutes. Second, Tron announced an airdrop that will eventually send a total of 10.1 percent of the total supply to TRX holders (Tron Foundation’s native token). The airdrop started in February 2019 and is set to run monthly until February 2025. The monthly airdrop is also set to get bigger as time goes on, increasing in February of every year, ending at 1,402,500,000 BTT in February 2025.

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You can keep using your existing client, as it's fully compatible with the new generation of BitTorrent Speed enabled torrent clients. There is no support for mining. By connecting the BitTorrent peer-to-peer network to the TRON blockchain, we offer a new experience to over 100M+ users. BitTorrent Token is built on top of the Tron protocol as a TRC-10 cryptographic token. This process, named BitTorrent Speed, helps with downloading speed and users to keep their files on the torrenting software, which, in turn, will give users the ability to download files that they want more easily. Furthermore, BTT tokens have monetary value, meaning that users can convert the tokens into fiat money or spend it to unlock benefits on the network.

BitTorrent Is about to jump over 300% this Year when Bitcoin Halving appears. Within the BitTorrent ecosystem, individuals can act one of the two ways, as “service requesters” or “service providers”. A requester offers BTT to a provider in exchange for local resources, such as bandwidth to receive content, storage for remote backup and/or decentralized proxy services. While users are now incentivized to download and seed files for BTT, it should be noted that they do not have to interact with BTT in order to be part of the Bittorrent ecosystem. Furthermore, BTT is incorporated as an incentive system within the BitTorrent ethos. The purpose of these incentives are to promote the BTT project to current and prospective participants, to allow for governance on the Blockchain and to facilitate future discussions about protocol upgrades and extensions.

As of September 9, 2020,Conversion rate for BitTorrent to INR for today is ₹0.02528023. It has a current circulating supply of 659 Billion coins and a total volume exchanged of ₹10,694,543,184. BitTorrent has a great future. It is predicted that BTT may eventually be recognized as a top 10 cryptocurrency in the next couple of years. By around year 2025, may land a high price of around $0.01 and may even further the gains into the next couple of years. The trading volume data allows to assess the overall strength of the trend, which, in turn, provides means for a more precise BTT price forecast, and predicts the shifts in supply and demand that play a decisive role in price changes in both immediate and distant future. BitTorrent trading volume for the past 24 hours is $191 798 480 that constitutes the increase from the previous day. The current tendencies with regard to changes in the average trading volume reveal the increasing demand for BTT coins on the backdrop of the decreasing supply of the corresponding cryptocurrency.

The total supply of BTT is 990 billion tokens, which will be unlocked following a certain schedule until 2028 by the BitTorrent Foundation. The sale of tokens, both public and private, constituted 17 percent of the total token supply, while the airdrop accounted for 20.1 percent of the total supply. The BitTorrent Foundation and its team were allocated 19 percent of the total BTT supply while the TRON foundation received 20 percent of the issued tokens. Finally, the BitTorrent ecosystem was awarded 19.9 percent of the total supply. The remainder of the tokens were given to Tron and BitTorrent foundation partners. BTT can be used for a variety of services in the ecosystem. Service requesters can advertise bids and pay with BTT for more bandwidth to receive content while Service providers will be incentivized to distribute content to more people, ensuring more robust performance.

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