#BitTorrentFamily : Decentralized Protocol and Its Token BTT
BitTorrent is one of the largest decentralized file-sharing protocols in the world, with millions of users. Created by Bram Cohen and launched in July 2001, BitTorrent's peer-to-peer protocol has been the basis for torrent clients used globally.
Recently, BitTorrent's token, BTT, has been gaining prominence on the Tron blockchain. BTT is a TRC-10 token that aims to build a tokenized economy for networking, bandwidth, and storage resources on the existing BitTorrent network. The idea is to allow network participants to "capture the value of sharing bandwidth and storage."
Additionally, BitTorrent has announced the launch of its own blockchain, called BitTorrent Chain (BTTC), which will be compatible with the Tron (TRX) blockchain, as well as Ethereum (ETH) and Binance Smart Chain (BSC). This announcement has led to a significant increase in the value of the BTT token, which recently rose 85% in 24 hours.
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