BitTorrent just launched a TRON-based cryptocurrency token

BitTorrent just launched a TRON-based cryptocurrency token 1

It didn’t take tarot cards to predict the future of BitTorrent once it was acquired by TRON in 2018. Just six months later, BitTorrent its releasing its own cryptocurrency, a token known as BTT.

For BitTorrent users, the new tokens provide a way to optimize network speed and attain faster downloads through paid prioritization. Each is issued by the BitTorrent foundation and features native TRC-10 compatibility — a set of guidelines laid out by TRON. Think TRX for global, decentralized content distribution.

After the acquisition last year, it seemed only a matter of time before the two companies collaborated on a token. Initially known as “Project Atlas,” when revealed in September 2018, the token is meant to incentivize and facilitate transfers on the world’s largest decentralized P2P network.

And the market is ripe. BitTorrent says it currently drives 22 percent of worldwide upstream traffic and three percent of its downstream traffic. Company representatives say that it serves more than 100 million users.

BTT, which is currently only available to those outside the United States, will launch as part of cryptocurrency trading platform Binance’s “Launchpad” program — a program meant to spotlight and market test new tokens. According to *Coin Telegraph*, the tokens will be distributed “selectively” starting later this month.

Published January 3, 2019 — 17:06 UTC

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews

Crypto Scams

Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
April 23, 2022
Prove
Joon Pak Head of Crypto at Prove talks to Us about Crypto Fraud And More
April 11, 2022
Mintable
Mintable CEO Zach Burks Talks to Us about the Opensea Stolen NFTs and Their Recovery
March 21, 2022
Crypto Crime
Crypto Crime Surges To Record Highs As Thieves Follow Market Buzz – Chainalysis 2022 Report
February 24, 2022
Bots Circumvent 2FA Login At Coinbase And Other Crypto Exchanges In 2022
Bots Have Circumvented 2FA Logins At Coinbase And Other Crypto Exchanges In 2022
February 17, 2022

Automated trading with HaasBot Crypto Trading Bots

Blockchain/Cryptocurrency Questions and Answers

Russia
Roundtable Interview-What is the Effect of The Russia-Ukraine War on Cryptocurrency Prices?
March 4, 2022
GamStop
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
Cryptocurrency
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021
Ethereum
The Unconventional Guide to Ethereum
October 28, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin29,508 0.07 % 0.72 % 2.56 %
Ethereum1,829.8 0.29 % 6.62 % 4.46 %
Tether1.000 0.01 % 0.01 % 0.02 %
USD Coin0.9989 0.16 % 0.08 % 0.04 %
BNB310.49 0.14 % 5.22 % 7.72 %
XRP0.3957 0.56 % 2.83 % 2.66 %
Binance USD1.004 0.15 % 0.46 % 0.26 %
Cardano0.9566 0.22 % 0.68 % 6.96 %
Solana44.42 0.02 % 8.48 % 10.74 %
Dogecoin0.07863 0.28 % 6.29 % 6.38 %

bitcoin
Bitcoin (BTC) $ 29,518.00
ethereum
Ethereum (ETH) $ 1,828.79
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 310.58
xrp
XRP (XRP) $ 0.394381
binance-usd
Binance USD (BUSD) $ 1.01
cardano
Cardano (ADA) $ 0.482427
solana
Solana (SOL) $ 44.36
dogecoin
Dogecoin (DOGE) $ 0.078633