Description: 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. DApps powered by BTT include BitTorrent Speed, BitTorrent File System, DLive, and others in the pipeline.
Blockchain: TRON (TRX) Token
Historic High: 0.018 $
Historic Low: 0.000139 $
Partners: Band Protocol, ARPAChain, Samsung, Crypto.com, Binance Staking, Binance Chain alliance, Travala, Matic Network… +more
Exchanges: Binance, Bilaxy, Bitmax, CoinDCX, WazirX, Binance DEX
Technical features: BitTorrent is a pioneering distributed communication protocol invented by Bram Cohen in 2001.
As a peer-to-peer protocol, it facilitates the transfer of large, highly demanded files, eliminating the need for a trusted central server.
The BitTorrent protocol enables client software endpoints (“clients”) to collaborate with each other to enable reliable simultaneous distribution of large files to multiple clients, reducing reliance on any single weak point (such as a server connection). It does this by attempting to make efficient use of every client’s upload and download bandwidth to balance peer-to-peer content delivery across all clients.
To find a peer that has a file or portion thereof, peers either “announce” to a tracker, a server that keeps track of which peers have which files available, or find them via the DHT, a distributed database of peers. Through this process, all peers are naturally segmented into “swarms” of users, with every user in each swarm having a common interest in exchanging pieces of a specific file.
Before an exchange begins, files are cut into pieces. Clients advertise which pieces of a file their user has available, and those pieces are uploaded by users who have them and downloaded by users who need them. Cryptographic hashes, or “info hashes,” of the pieces are used to verify that the pieces being shared are the pieces that were requested.
The more pieces a peer receives from another peer in exchange for pieces sent, the more productive a peer-to-peer interaction is considered to be. The most productive piece exchanges are rewarded with further pieces, and the clients with the least productive exchanges are deprecated, disconnected or banned.
Once a user has completed a download, they may allow their client to continue to upload pieces despite no longer needing any download in return; this is called “seeding.” The default for most clients is to “seed” to other downloaders. This activity, however, is entirely altruistic. There is no economic penalty for users closing their BitTorrent client once a download has finished.