hello #binancesquare what is bttc
BTTc typically refers to BitTorrent (BTT), a cryptocurrency associated with the popular peer-to-peer file sharing platform BitTorrent.
Here are some key facts about BitTorrent (BTT):
Origins
BitTorrent was founded in 2001 by Bram Cohen.
Launch
The BitTorrent cryptocurrency (BTT) was launched in 2019 through an initial coin offering (ICO).
Characteristics
1. *Decentralized*: BitTorrent operates on a decentralized network, allowing for peer-to-peer transactions without intermediaries.
2. *TRON-based*: BTT is built on the TRON blockchain, utilizing its scalability and security features.
3. *Token economy*: BitTorrent has a token economy, where BTT is used to incentivize users to share files and resources.
Use cases
1. *File sharing*: BTT is used to reward users for sharing files and resources on the BitTorrent network.
2. *Content creation*: BitTorrent allows content creators to earn BTT by sharing their work.
3. **$BTTC