Question 1

What is BitTorrent (BTT)?

Accepted Answer

BitTorrent Token (BTT) is a cryptocurrency designed to facilitate transactions within the BitTorrent peer-to-peer (P2P) file-sharing network BitTorrent (BTT) the token is a TRC-10 utility token based on the TRON blockchain, a decentralized blockchain platform, BTT was introduced in January 2019 through an Initial Coin Offering (ICO). It can be used to buy or exchange resources such as bandwidth, storage, and computing power on the BitTorrent network​​.

Question 2

Who created BitTorrent (BTT)?

Accepted Answer

BitTorrent was initially released in 2001 by developers Bram Cohen and David Harrison. The BitTorrent Foundation was later acquired by the Tron Foundation, led by Justin Sun, in 2018. Following this acquisition, the BTT token was introduced to the public by the BitTorrent team in 2019 through an ICO​​.

Question 3

What is it used for?

Accepted Answer

BTT powers a range of decentralized applications, including DLive, BitTorrent Speed, BitTorrent File System, among others. The token has been integrated into the BitTorrent protocol to create a token-based economy for networking, bandwidth, and storage. It enables network participants to capture the value of shared bandwidth.

One of the unique features of BTT is BitTorrent Speed, which allows peers to incentivize each other with BTT to continue seeding files after the complete download, thus enhancing swarm lifetime and download speeds for all swarm participants. Additionally, BTT incentives are available to BitTorrent client implementers, third-party software developers, and online publishers, aiming to increase the variety of participants within the network.

Furthermore, BitTorrent and Torrent software users receive integrated cryptographic token wallets, which, together with the expected widespread availability of BTT wallets, may open the door to new uses for the coin unrelated to BitTorrent technology. The BitTorrent team anticipates that millions of users will amass minor amounts of BTT as a result of offering services, potentially opening up other ways to use their BTT.

BTT serves as a methodological framework for trading computing resources among BitTorrent clients and a liquid market of service requesters and suppliers. In the BitTorrent ecosystem, BTT is the unit used to denominate transactions for the supply of services. The token is divisible, allowing for more precise pricing​​.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	BTT-USDT BTT_USDT	gateio	A	0.0₆3519USDT	-0.06%	6,637,092,498,143.00BTT	17,257	0.0₆3522USDT	0.0₆3556USDT
2	BTT-USDT BTT_USDT	whitebit	BB	0.0₆3547USDT	-0.06%	1,275,022,761,234.00BTT	16,482	0.0₆3550USDT	0.0₆3611USDT
3	BTT-USDT BTTCUSDT	binance	AA	0.0₆3600USDT	0.00%	1,215,101,922,086.00BTT	4,742	0.0₆3600USDT	0.0₆3600USDT
4	BTT-USD BTT1MUSD	bullish	AA	0.0₆3505USD	-0.68%	1,038,734,178,330.00BTT	806	0.0₆3529USD	0.0₆3531USD
5	BTT-USDT BTTUSDT	bybit	A	0.0₆3522USDT	-0.03%	429,905,929,855.00BTT	2,173	0.0₆3523USDT	0.0₆3553USDT
6	BTT-USDT BTTUSDT_SPBL	bitget	BB	0.0₆3523USDT	-0.09%	103,180,945,058.00BTT	603	0.0₆3526USDT	0.0₆3551USDT
7	BTT-USDT BTT-USDT	kucoin	BB	0.0₆3518USDT	-0.26%	39,091,329,180.54BTT	702	0.0₆3526USDT	0.0₆3550USDT
8	BTT-USD BTTUSD	kraken	AA	0.0₆3526USD	-0.25%	20,193,870,782.42BTT	216	0.0₆3536USD	0.0₆3569USD
9	BTT-EUR BTTEUR	kraken	AA	0.0₆3143EUR	-1.97%	158,850,951.78BTT	8	0.0₆3206EUR	0.0₆3250EUR
10	BTT-USD BTTCUSD	cexio	BB	0.0₆3399USD	-5.56%	130,165,000.00BTT	2	0.0₆3600USD	0.0₆3600USD
11	BTT-USDT BTTCUSDT	cexio	BB	0.0₆3500USDT	-2.78%	110,110,000.00BTT	2	0.0₆3600USDT	0.0₆3600USDT
12	BTT-EUR BTTCEUR	cexio	BB	0.0₆3100EUR	-3.13%	56,154,000.00BTT	1	0.0₆3200EUR	0.0₆3200EUR
13	BTT-USDT bttusdt	huobipro	C	0.0₆3509USDT	-1.21%	7,485,564,547,565.92BTT	18,713	0.0₆3552USDT	0.0₆3578USDT
14	BTT-USDT BTT_USDT	poloniex	C	0.0₆3491USDT	-3.00%	5,225,413,511,949.00BTT	23,405	0.0₆3599USDT	0.0₆3620USDT
15	BTT-USDT BTT_USDT	coinw	-	0.0₆3519USDT	-0.23%	3,562,615,145,409.00BTT	15,323	0.0₆3528USDT	0.0₆3549USDT
16	BTT-KRW KRW-BTT	upbit	B	0.0₃4750KRW	-0.42%	1,209,259,281,284.55BTT	1,899	0.0₃4770KRW	0.0₃4810KRW
17	BTT-XRP BTTCXRP	bitrue	D	0.0₆2660XRP	-2.92%	561,013,245,173.52BTT	36,155	0.0₆2740XRP	0.0₆2779XRP
18	BTT-USDT BTTCUSDT	bitrue	D	0.0₆3540USDT	-0.28%	545,682,161,300.00BTT	36,204	0.0₆3550USDT	0.0₆3650USDT
19	BTT-USDT BTT-USDT	bingx	D	0.0₆3519USDT	-0.14%	441,459,810,566.00BTT	4,326	0.0₆3524USDT	0.0₆3550USDT
20	BTT-THB THB_BTT	bitkub	C	0.0₄1188THB	1.24%	429,326,133,689.70BTT	2,170	0.0₄1173THB	0.0₄1199THB
21	BTT-USDT BTTUSDT	mexc	C	0.0₆3524USDT	-0.14%	162,669,102,676.45BTT	3,280	0.0₆3529USDT	0.0₆3553USDT
22	BTT-USDT BTT_USDT	bydfi	-	0.0₆3526USDT	-0.09%	98,662,158,665.10BTT	2,972	0.0₆3529USDT	0.0₆3553USDT
23	BTT-EUR BTT-EUR	bitvavo	B	0.0₆3047EUR	1.74%	55,178,292,272.00BTT	321	0.0₆2995EUR	0.0₆3208EUR
24	BTT-KRW BTT_KRW	bithumbkorea	-	0.0₃5000KRW	0.00%	39,980,949,572.70BTT	123	0.0₃5000KRW	0.0₃5000KRW
25	BTT-USDT BTT_USDT	bitmart	B	0.0₆2619USDT	0.00%	0BTT	0	0.0₆2619USDT	0.0₆2619USDT
26	BTT-KRW BTT_KRW	coinone	C	0.0₃5000KRW	25.00%	2,463,118,829.01BTT	12	0.0₃4000KRW	0.0₃5000KRW
27	BTT-USDC BTTUSDC	bit2me	B	0.0₆3504USDC	-4.31%	1,987,433,868.50BTT	48	0.0₆3662USDC	0.0₆3662USDC
28	BTT-BRL BTT-BRL	mercadobtc	C	0.0₅1780BRL	-1.11%	1,175,287,174.00BTT	14	0.0₅1800BRL	0.0₅1800BRL
29	BTT-USDT bttusdt	indodax	E	0.0₆3500USDT	0.00%	1,015,275,966.00BTT	19	0.0₆3500USDT	0.0₆3600USDT
30	BTT-KRW btt_krw	korbit	C	0.0₃4000KRW	0.00%	300,000,000.00BTT	4	0.0₃4000KRW	0.0₃5000KRW
31	BTT-USDC BTTUSDC	hitbtc	E	0.0₆4125USDC	-0.00%	0BTT	0	0.0₆4125USDC	0.0₆4125USDC
32	BTT-USDT BTTUSDT	coinex	C	0.0₆3000USDT	0.00%	0BTT	0	0.0₆3000USDT	0.0₆3000USDT
33	BTT-USDT BTTUSDT	hitbtc	E	0.0₆4960USDT	0.00%	0BTT	0	0.0₆4960USDT	0.0₆4960USDT
34	BTT-INR BTTINR	bitbns	-	0.0₅5960INR	0.00%	0BTT	0	0.0₅5960INR	0.0₅5960INR
35	BTT-USDC BTTUSDC	coinex	C	0.0₆2000USDC	0.00%	0BTT	0	0.0₆2000USDC	0.0₆2000USDC