What is BitTorrent (BTTC)?
The supply is all in crypto! BTTC has 990 billion tokens, which is too high for a price target of $1. Unless there is a massive token burn that reduces the supply by 99.99%, reaching $1 is mathematically impossible.
Key Points
BitTorrent Chain (BTTC) is a blockchain scaling solution that enables cross-chain compatibility with fast and cheap transactions, as well as scalable Web3 development.
The BTTC blockchain is different from the original peer-to-peer file sharing platforms of BitTorrent, although both are owned, developed, and maintained by the Tron Foundation.
The architecture of the BTTC blockchain includes a root contract layer, a validation layer, and a core layer for block creation, which help to unlock various use cases of BitTorrent Chain.
The BitTorrent Token (BTT) powers BTTC for transaction fees and staking. Additionally, it is used in the original BitTorrent file sharing network to incentivize faster download speeds.
The origins of BitTorrent date back to 2001, eight years before Bitcoin.
and cryptocurrencies really were born. Before the days of Netflix and YouTube, you might remember using torrents to upload and download multimedia content.
$BTTC
BTTC
7.2e-7
+1.4%
The BitTorrent protocol was a pioneer in the development of this style of peer-to-peer (P2P) file sharing. It allows data to be distributed over the internet in a decentralized manner. Sounds familiar to the fundamentals of crypto and blockchain technology, right?
$BNB
$BTTC
