Review on BitTorrent by Vikrant Nigam
Review on BitTorrent
BitTorrent is the largest decentralized file-sharing protocol. Similar to the Blockchain network, BitTorrent shares some characteristics such as multiple administrative organs, users’ protection through randomly generated lines (which allows to hide their identity), and the decentralized sharing system with no central entity.
Pros
- The BTT coins contribute to improving the BitTorrent ecosystem
- It targets an extremely large user base
- Offering additional BitTorrent features to the platform’s users with providing a way to earn money through sharing distributed content and seeding
- Enabling users to download files with higher speed by spending a small amount of BTT tokens
Cons
- Nothing can guarantee that BTT token will speed up the BitTorrent network.
- Most of the turnout comes from crypto investors, not BitTorrent users. However, the project is under development and the BitTorrent team hopes to make a bridge connecting between the crypto industry and torrent users
