Bidding Revisions and Frequency 🕯️🕯️🕯️

As the client may receive data for less than its maximum bid (and very frequently for free, as is currently the case in BitTorrent), the bid computed by dividing the remaining total spend by the remaining data will trend upward over time. The client can implement any heuristic it likes to determine when to send bid messages with a new bid value; it should not, however, send new bids more than once a minute. If the user changes the amount of BTTC bid, then the client should send the new bid immediately.

#BitTorrentCommunity #BitTorrentChain #BitTorrentFamily #Btttc #bttc🤓

TOTAL VOTE RESULT BitTorrent TOKEN ( BTTC ) 🏆🏆🏆

In the poll taken on 26th July 2024, 71% people are holding BTTC tokens like me to get 0.50-1$ price and 29% people are not waiting for price increase. A total of 800 people voted. It is seen that most of the people are waiting for the price increase. Those who are waiting for price increase give importance to these issues.

1. Buy BTTC tokens regularly for 0.01$ and earn BTTC by holding with lock earnings. Those who don't have capital to invest, hold their current BTTCs by earning lock and earn BTTC tokens. If everyone starts holding BTTC tokens together, the price will only increase rapidly.

2. Refrain from selling BTTC tokens. Because the seller is active in the market by selling BTTC tokens, it is dumping BTTC tokens.

3. Everyone start writing daily about BTTC token in various online social media. Because many people don't know about BTTC token. The total supply of BTTC tokens has not been exhausted yet, the remaining tokens are being distributed to people through lock earning. Many people are mining Telegram Tap 2 Earn coins online, out of which they are actually getting paid from 1-2 projects. Inform them about BTTC token, it is market listed, its total supply is still over. BTTC tokens are being mined through lock earning.

If the BTTC family, community, lovers do the above works, then the price of BTTC token will reach the moon very soon. Let's all show the strength of our BTTC community, families and lovers.

#BitTorrent #BitTorrentCommunity #BitTorrentFamily #BitTorrentChain #BTTCLOVERS

BitTorrent TOKEN ( BTTC ) Analysis 🚀🚀🚀

This is the best time to buy BTTC tokens. So, buy BTTC tokens without delay and start mining BTTC tokens with locked earnings.

My psychology says BTTC token 1 day candlestick pattern will go up tomorrow. What is your psychology that the market will go up or down, let me know in the comments.

#BitTorrentCommunity #BitTorrentChain #BTTCLOVERS #Bittorent #BTTcReward

BitTorrent TOKEN ( BTTC )Transaction Processing 💵💵💵

Once a service requester receives both the bid response and unchoke messages, it opens a payment channel on the private ledger whose output is addressed to the service provider. The service provider expects payment to be delivered via a new or existing channel for each complete piece received by the service requester.

Below, the service requester is the party sending BTTC, and the service provider is the party receiving it.

1. The service requester creates a public key (K1) and requests a public key from the service provider (K2).

2. When the service requester wishes to pay the service provider, it opens a channel on the private ledger with K2 as the destination account. When the channel is created, the service requester transfers some of its BTTC into the channel. This BTTC is deducted from the account associated with K1.

3. The service requester generates a transaction on the channel which disburses the initial payment amount to K2 and the remainder of the channel's BTT to K1.

4. The service requester signs the transaction, then sends the transaction and the signature to the service provider.

5. If the service provider has not seen the channel before, it requests the channel information from the private ledger. The service provider only accepts the payment if the channel information retrieved from the ledger matches the information received from the service requester.

6. When the service requester wishes to send another payment to the service provider, it adjusts the transaction to allocate more value to K2. It then re-signs the new transaction and sends the transaction and the signature to the service provider.

7. If the service requester wishes to send more payment, but the existing channel's BTTC is entirely allocated to the service provider, the service requester opens a new channel on the ledger and uses it to send payment as described in steps 2-4.

Wait For BitTorrent TOKEN ( BTTC ) part - 2

#BitTorrent #BitTorrentChain #BitTorrentCommunity #BTTCtothemoon #BTTCLOVERS

BitTorrent Token (BTTC) MATCHMAKING Part - 2 🚀🚀🚀

How this inclusion takes places will vary depending on how the client's choking algorithm is implemented. When it comes time for the client to run its choking algorithm, it first compiles a list of eligible bids. The example algorithm described above could be modified to sort peers by a combination of highest eligible bid and most data received.

When an eligible bidder is unchoked, the service provider will send a new BitTorrent protocol extension bid response message to the bidder containing the rate in BTT/byte the bidder is expected to pay. This message will be followed by a normal unchoke message.

Clients may implement any auction format, but a variant of the Vickrey-Clarke-Groves auction is expected to produce optimum results. See Figure 2 for an outline of the auction mechanics, which ends up being a multi-unit uniform price auction.

Each service requester bids on only one unchoke slot per service provider. Clients would charge each unchoked bidder the rate of the highest losing bid.

Caution must be exercised when dealing with optimistic unchoking due to its importance in allowing new peers to bootstrap into the swarm. The optimistic unchoke slots) should not be subject to the same auction format as the regular unchoke slots. If the client is using a round-robin algorithm for optimistic unchoking, it should only apply an auction to break ties between peers which have gone the same amount of time since being choked. This means auctioning of the optimistic unchoke slot will typically only happen between bidders that have never been unchoked.

In swarms with both BTTC-enabled BitTorrent clients and legacy BitTorrent clients, service requesters will be able to offer BTT to service providers. However, upload speeds from legacy BitTorrent clients will be maximized without regard for any BTTC bids.

#BitTorrent #BitTorrentChain #BitTorrentCommunity #BTTcReward #BTTCLOVERS

What are your thoughts on BTTC , how many zeros can it kill.. i think it will easily kill one 0 in this year..
#BitTorrentChain

buy and hold #BTTC #BitTorrentChain thank me next year 😁

🚀🌔 Fasten your seat belts and get ready to go to the Moon Shortly! 🐺 Exciting times ahead with a real #BTT wolf leading the Flock!

#BTTC #BitTorrent #BitTorrentChain
$BTTC
BitTorrent Community

I avoided many times to debate this topic...
but no more. I have to tell crypto enthusiasts that
BTTC is not going to make 1$ in near or very far future.
Let me solve a math problem for you...
There are 968.25 trillion BTTC Tokens in circulation, so 968.25 trillion dollars will be needed just for BTTC to reach $1...
BTC market cap is 1.36 Trillions
and
The global crypto market cap is 2.65 trillion,
So, tell me, do you really think BTTC is going to $1 in near future???

Oh, BTW, I do hold this coin... 🤭😁

#BitTorrentChain
#BitTorrentCommunity

BOOM💥⚡
Update!
$AEVO $BTTC Extremely Bullish!🚀
oh my God!😳206%
It’s gonna Boom💥 the Market!
Let's begin a new journey! Hold your crypto!
In 2years You're gonna make a high profit!
Just like a Destructive_Fireball!
#Write2Earn‬ #HotTrends #Aevo #BitTorrentChain #followmeformore

Bit torrent coin 🔥 Halving ✅ When?

From 00:00 (UTC) June 25, 2024, the daily rewards for storage miners on the BTFS network will be halved from 15 billion BTT to 7.5 billion BTT. The BitTorrent File System (BTFS) is a decentralized file storage system that utilizes blockchain technology and peer-to-peer transmission.

#BTTcReward #BTTCLOVERS #BitTorrentFamily #BitTorrentChain #BTTC/USDT

Can anyone tell me ?
I just want to buy #BTTC/USDT
for long term investment
Can #BTTc will be profitable for me or Not
#BitTorrentChain
#write2earn🌐💹

Abstract
The BitTorrent protocol, created by BitTorrent Inc., facilitates the exchange of files between untrusted parties. Its primary limitation is that collaborations between parties using the protocol cannot persist over time, inhibiting the exchange. Blockchain technologies allow for collaborations between untrusted parties to persist over much longer periods of time. BitTorrent has the ecosystem and expertise necessary to integrate blockchain technologies into the BitTorrent protocol. Doing so would both eliminate the protocol's existing flaw as well as open up a new borderless economy in exchanging value for computing resources on a global scale.
To accomplish this, TRON Foundation and BitTorrent Foundation are introducing a new cryptographic token, called BTT, along with an extended version of the BitTorrent protocol.
Together, the token and extended protocol will create a token-based economy for networking, bandwidth and storage usage. The initial entry point is to introduce token-based optimizations to the existing BitTorrent protocol, providing a way for the value of shared bandwidth to be captured by network participants. The longer-term vision is to broaden the usage of the BitTorrent protocol far beyond current use cases by providing a distributed infrastructure platform to third-party app developers, creating the foundation for the decentralized web.
The TRON Foundation and BitTorrent Foundation are legal entities incorporated in the Republic of Singapore. #BitTorrentChain #Bittorent #BitTorrentCommunity #BitTorrentFamily #BitTorrent

#BTTC #BitTorrent #BitTorrentChain
Still hodl?

Introduction to BitTorrent Speed™ (BTTC) part -2 🚀

To eliminate this problem, we are developing a new BitTorrent feature called BitTorrent Speed.
This feature is will enable peers to offer each other cryptographic token incentives to continue to seed files after the full download has completed.
To be clear, BitTorrent currently functions well. Nothing proposed in this optimization will alter the protocol's functionality, and users of the protocol will not experience an interruption in their usage. The addition is simply an overlay on top of the current protocol which will allow existing BitTorrent swarm participants to exchange tokens in return for ensuring the continued availability of a file for download.
BitTorrent Speed will be integrated into future participating BitTorrent and Torrent clients. It will add a new set of extensions to the BitTorrent protocol, enabling users to advertise their bids within a swarm and to trade BTT in exchange for continued prioritized access to seeds. The intended result is that peers will choose to seed for longer, leading to increased swarm longevity and faster download times for all swarm participants......

#BitTorrentFamily #BitTorrentCommunity #BitTorrentChain #BitTorrent #BTTCLOVERS

According to BitTorrent's official Twitter, this last week 🗞️

🔎 According to BTFS SCAN, the total number of wallets created at BitTorrent Speed ​​is over 447M and the total number of TRON addresses is over 6.2M

🔎 According to BTFS SCAN, the total number of miners in BTFS has exceeded 8.4M

#BTTCLOVERS #BitTorrentChain #BitTorrentCommunity #Bittorent #Bittorent

Who like me is waiting for BTTC token price to be 0.50$ - 1$ . Please Drop your VOTE

#BitTorrent #Bittorent #BitTorrentChain #BitTorrentCommunity #BTTCLOVERS