BitTorrent Token (BTT) is a TRON-based cryptocurrency that aims to decentralize file sharing. Thanks to this, content creators will be able to connect with their audience and earn and spend digital money without a hypothetical third person charging unnecessary commissions.
BitTorrent Speed is the application designed on Blockchain that powers the BTT token. The objective of the project is to offer rewards to users who contribute to the platform, therefore, a reward system is used, which is granted when files are shared in the application. The cryptocurrency is used to power the project.
These are the characteristics you should know about the BTT cryptocurrency:
It allows you to earn money for downloading files: When you download a file using BitTorrent Speed, it will be shared in the application. In this way, leaving the file public, you will earn benefits in BTT by contributing part of your broadband by sharing certain files that are on your computer.
It cannot be mined: The only way to obtain this cryptocurrency is by buying it in the application or in some exchanges that work with it.
In terms of security, BitTorrent has based its entire platform on blockchain, so it is impossible to steal information from computers that have files planted.
The BTT cryptocurrency is found on the largest exchanges in the world of cryptocurrencies such as:
Bittrex.
Binance.
HitBTC.
BitForex.
CoinAll.
UPbit.
Okex.
BTT is not an innovation, it is not so special that we can say because the project that offers the solution itself is BitTorrent Speed, but we can say that BTT is a fundamental pillar, since without this cryptocurrency the project could not be financed.