![]() This cross-chain interoperability protocol utilizes the proof-of-stake (PoS) consensus mechanism. On December 12, 2021, the BitTorrent Chain (BTTC) mainnet was launched. This token reached its all-time high price on April 5, 2021, when it traded at $0.01426. A total supply of 990 billion BTT tokens was issued. It was introduced to incentivize transactions in a token-based economy for networking, bandwidth, and storage usage. In February 2019, TRON launched the BTT token using its TRC-10 standard. Since this acquisition, BitTorrent has become increasingly decentralized. It all changed when the TRON blockchain purchased BitTorrent for $140 million in July 2018. It was notoriously used for online piracy after its launch. What Is BitTorrent Token (BTT)?īitTorrent was initially launched in July 2001 as a peer-to-peer (P2P) file-sharing platform. What are the realistic expectations for this digital asset? Will its price rebound in the following years? To answer these questions, let us discuss the following BTT price prediction for the next few years. However, this token has been losing value since the second half of 2021. The excitement was even greater when TRON launched the BitTorrent token (BTT).īTT performed well after its release, particularly in 2021, when it gained some significant traction in the market. ![]() ![]() Hence, one can understand the excitement when the TRON blockchain purchased the BitTorrent file-sharing site. Some experts estimate that as much as 20% of Internet traffic is related to this protocol. BitTorrent is the largest file-sharing protocol worldwide.
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