Review on BitTorrent by francis fernandez

Name: BitTorrent
Item: BitTorrent
Rating: 5

October 08, 2020

BitTorrent: a massively used platform for downloading and distributing content on a P2P technology blockchain

BitTorrent is a decentralized open source platform that enables file transfer, storage, download and distribution on a peer-to-peer (P2P) network of servers.
How does the BitTorrent network operate?
BitTorrent network transactions begin with the service offer made by the requestor to the provider, through the payment of BITT for receiving the service. Once received; This is registered in the accounting book privately. Next, the exchange of services and BTT is carried out between both parties.
The buyer can choose to request more storage capacity, expand broadband service, request decentralized proxy service.
What technology does this platform use?
BitTorrent uses the BTFS protocol that operates in sync with the P2P system; which is responsible for the decentralization of the process of transmission and storage of digital content in the blockchain that uses the Delegated Proof of Participation consensus to address these restrictions.
What utilities does BitTorrent provide?
The main advantage offered by this platform is undoubtedly the speed with which file downloads can be made on its network, which are also rewarded by its BTT token. In this way an interaction is created between uploader and downloader users motivated by the faster download speed to increase the amount of BTT tokens to receive.
How to start using BitTorrent and generate BTT tokens?
The first thing is to activate a digital wallet that brings a BTT token balance by downloading BitTorrent. Then, start using this platform to make downloads and get BTT at the end of the download. These crypto assets are stored in the native wallet.
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