🔥 BTTC vs. THE REST - THE BATTLE FOR DECENTRALIZED STORAGE 💽

BitTorrent-New (BTTC), as a token that seeks to drive a decentralized ecosystem for file sharing and storage, faces diverse competition in the crypto space.

We can classify its competitors into several categories:

* Decentralized storage solutions:

This is the main competitive front.

Here we find projects like Filecoin (FIL), Sia (SC), Arweave (AR), and Storj (STORJ).

These projects offer decentralized cloud storage solutions, where users can rent unused storage space on their devices.

While BTTC focuses more on P2P file sharing, there is an overlap in storage functionality.

BTTC's differentiation lies in its integration with the BitTorrent protocol, which has a large user base.

* Decentralized file sharing platforms:

Although less common, there are projects that specifically focus on decentralized file sharing.

These could be considered more direct competitors, though they often have a more limited reach than BitTorrent.

* Blockchains focused on DeFi and decentralized applications (dApps):

While they are not direct competitors in file sharing, platforms like Ethereum (ETH), Solana (SOL), Cardano (ADA), and Binance Smart Chain (BSC) provide the infrastructure to build dApps that could offer similar functionalities to BTTC.

The competition here focuses on attracting developers and users to their ecosystems.

* Centralized cloud storage services:

Giants like Google Drive, Dropbox, iCloud, and Amazon S3 remain the main competitors in the cloud storage market.

Although they are centralized, they offer convenience and a wide range of features, posing a challenge to decentralized solutions like BTTC.