Review on BitTorrent by Toprak Dere
About BitTorrent
BitTorrent Coin is the crypto currency of a system that aims to token the decentralized file sharing platform. Although BitTorrent Coin was launched in 2019, it is known that the BitTorrent project was implemented years ago and has nearly millions of users worldwide.
BitTorrent was later acquired by Justin Sun, founder of the Tron (TRX) project and CEO of the Tron Foundation. This enabled Justin Sun to launch a cryptocurrency called BitTorrent (BTT). The BitTorrent token price has skyrocketed, especially with the news coming from the Binance front.
Tron blockchain network based BitTorrent (BTT) can be expressed as TRC-10 service token. When using BitTorrent, users can use BitTorrkent tokens for faster download or additional features like this. Tron founder Justin Sun aims to establish a completely decentralized and worldwide internet environment by developing this system.
BitTorrent ecosystem already includes BitTorrent Speed, BitTorrent File System, TronTV, and the blockchain-based live broadcast application DLive, which has recently joined the ecosystem. The BitTorrent coin future looks bright looking at all this.
Pros
- Since the applications developed in the BitTorrent network are located on a decentralized network, the data storage areas are global and much larger. In addition, there is no scaling problem since the applications can use the storage areas of other users who join the network. These two features will become much more important in the future and are likely to positively affect the BitTorent Coin price.
- It is aimed to create a new value and ecosystem by working on the existing BitTorrent network. It is worth noting that both BitTorrent and TRON companies have a vision of a barrier-free, decentralized internet.
- listed in most exchanges
- future is bright
Cons
- none
