Cryptocurrency Q&A
Who owns BitTorrent Coins?
Who owns BitTorrent Coins?
Moonshadow
Sun May 26 2024
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6 answers
1128
Could you please elaborate on the ownership of BitTorrent Coins? I'm curious to know who exactly holds these coins and what kind of distribution model is in place for them. Are they primarily owned by individuals, institutions, or perhaps the creators of BitTorrent themselves? Furthermore, are there any specific regulations or policies governing the ownership and trading of these coins? It would be helpful to gain a deeper understanding of the ownership structure surrounding BitTorrent Coins.
6 answers
Tommaso
Mon May 27 2024
In 2018, the TRON Foundation, renowned for its establishment of the TRON network and TRX cryptocurrency, made a significant acquisition.
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CryptoLegend
Mon May 27 2024
To further integrate BitTorrent into the TRON ecosystem, the foundation introduced the BTTC token.
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Bianca
Mon May 27 2024
The BTTC token serves as the primary payment method within the BitTorrent platform, enabling seamless transactions and increased liquidity.
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Giulia
Mon May 27 2024
The target of this acquisition was BitTorrent Chain, a blockchain-based platform with immense potential in the field of decentralized file sharing.
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Riccardo
Mon May 27 2024
Recognizing the value of BitTorrent's established team and business model, the TRON Foundation chose to retain them.
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