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xZx

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Alias Born 02/17/2005

xZx

Re: xZx post# 3739

Sunday, 03/28/2021 4:30:47 PM

Sunday, March 28, 2021 4:30:47 PM

Post# of 4024
"Does the crypto community really need BitTorrent tokens (BTT)?"

BitTorrent tokens (BTT) are TRC-10 utility tokens based on the Tron blockchain. They will be used by all clients on the BitTorrent network, similar to ERC-20 tokens that are powered by the Ethereum network. The tokens will live within the Tron ecosystem and will serve to increase the total value of the network.

The token was created to foster faster speed on the world’s “largest decentralised application,” says Tron.

Tron’s head of peer-to-peer protocols and products announced the creation of this token in January 2019, with the aim to expand on its goal of creating a decentralised internet.

BitTorrent, the popular peer-to-peer file sharing platform, was purchased by Tron during 2018. Through BTT, BitTorrent users will be rewarded for sharing files, which means users can earn tokens for uploading files and sharing them with the network of users.

The token will only be available to non-US accounts through Binance Launchpad, the new listing service for entrepreneurs looking to raise their funds through the sale of tokens. The crypto exchange Binance announced the launch of Binance Launchpad with the aim of adding at least one new token every month in 2019, starting with BTT. The tokens will be distributed through airdrops.


https://coinrivet.com/does-the-crypto-community-really-need-bittorrent-tokens-btt/#:~:text=BitTorrent%20tokens%20(BTT)%20are%20TRC,total%20value%20of%20the%20network.

sounds like binance is the only exchange for BTT now. that's the non-US binance.

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