BitTorrent [New]

BitTorrent [New] (BTT) is a cryptocurrency that operates on the Ethereum blockchain. It is associated with the BitTorrent file-sharing protocol, which is widely used for peer-to-peer content distribution. BTT is designed to facilitate transactions and incentives within the BitTorrent ecosystem, such as rewarding users for sharing bandwidth and content.

BTT is an ERC-20 token on the Ethereum network, meaning it leverages Ethereum's smart contract functionality and security. Transactions involving BTT are recorded on Ethereum's blockchain. The token is used within the BitTorrent ecosystem to enable micropayments and incentivize participation, such as paying for faster download speeds or rewarding seeders who contribute bandwidth.

The BTT token is used to power the BitTorrent ecosystem's economic model. It allows users to pay for improved download speeds and other services, while also rewarding those who share their bandwidth and resources. By integrating a cryptocurrency into the file-sharing protocol, BTT aims to create a more efficient and incentivized network for content distribution.

BTT is specifically designed for the BitTorrent file-sharing network, which is one of the largest decentralized peer-to-peer platforms. Unlike general-purpose cryptocurrencies, BTT's utility is closely tied to the BitTorrent protocol, focusing on incentivizing bandwidth sharing and content distribution. Its integration with an established file-sharing ecosystem distinguishes it from tokens that lack a specific real-world application.

BitTorrent [New] is currently priced at $2.896e-7, down 0.55% in the last 24 hours. It is ranked #107 by market capitalization. Over the past 7 days, BTT is down 0.28%.

BitTorrent [New] has a market capitalization of $285.81M. The 24-hour trading volume is $8.13M, reflecting the total value of BTT traded across all exchanges in the last day.

There are currently 987037.89B BTT in circulation. The total supply is 987037.89B BTT.