Cryptocurrency Q&A
When did BitTorrent become a cryptocurrency?
When did BitTorrent become a cryptocurrency?
DigitalTreasureHunter
Fri Dec 13 2024
|
6 answers
1181
There has been some confusion regarding BitTorrent, the file-sharing protocol, and its associated token, BitTorrent (BTT), which is a cryptocurrency. However, it's important to clarify that BitTorrent, the file-sharing technology, has never been a cryptocurrency. The BitTorrent token (BTT), introduced by the TRON Foundation in 2019, is a separate entity designed to incentivize sharing and enable faster downloads within the BitTorrent ecosystem. Thus, BitTorrent did not 'become a cryptocurrency' but rather, a cryptocurrency was named and based on the popular file-sharing protocol.
6 answers
Riccardo
Sat Dec 14 2024
BitTorrent was first released in July 2001, marking its debut in the world of file-sharing technology.
Was this helpful?
385
99
Bianca
Sat Dec 14 2024
BTT was officially launched in February 2019, representing a new era for BitTorrent and its users.
Was this helpful?
150
52
JejuJoyfulHeart
Sat Dec 14 2024
In July 2018, the blockchain platform TRON acquired BitTorrent, bringing the two entities together under one umbrella.
Was this helpful?
59
76
Giulia
Sat Dec 14 2024
The BTT token is built on TRON's own blockchain, utilizing its TRC-10 standard. This ensures a seamless and efficient integration with TRON's ecosystem.
Was this helpful?
314
54
GangnamGlitz
Sat Dec 14 2024
Following its acquisition by TRON, BitTorrent has undergone a transformation, integrating various new tools and features.
Was this helpful?
165
28
Load 5 more related questions
