About BitTorrent
BitTorrent was initially conceived by Bram Cohen, a peer-to-peer protocol for users to transfer files around the world. The BitTorrent Token (BTT), a TRC-10 token is created on top of the TRON blockchain platform as a way to extend the capability of BitTorrent. The token is added to introduce some economics feature on BitTorrent for networking, bandwidth, and storage resources to be shared and tradeed. Some of the other feature that BitTorrent Token (BTT) offers would be BitTorrent Speed. This is whereby BTT tokens can be big in exchange for faster download speed. List of exchanges trading BTT token can be found at
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Trading Insights
Searched
24
Market Stats
Market Cap
Not enough data
FDV
CA$52.75M
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
990B BTTOLD
Diluted Valuation
CA$890.98K
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
CA$1.55K
14.79%
Volume (7D)
CA$10.83K
Volume (30D)
CA$30.29K
All time high
CA$0.0194
Price Change (1Y)
-85.77%
Additional info about BitTorrent
Recent trends
The latest BTTOLD price is CA$0.000053. Compared to BitTorrent's value of CA$0.00 from 24 hours ago, there's been a 29% increase, while the current price is 945% up from CA$0.00 which was recorded one week ago. BitTorrent's all time high is CA$0.0194, which was reached on April 5, 2021. This is a -100% change from its price today.
The fully diluted valuation of BitTorrent is CA$52.75M. The diluted valuation of BitTorrent is CA$52.75M.
Market details
BTTOLD vs markets
↘ 89.78%
BTTOLD vs BTC
↘ 91.36%
BTTOLD vs ETH
↘ 80.9%
Tags
binance-launchpad
alleged-sec-securities
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x8595F9dA7b868b1822194fAEd312235E43007b49 | |
Tronix | 1002000 |
Price history
Time | Price | Change |
|---|---|---|
Today | CA$0.000053 | ↗ 28.72% |
1 Day | CA$0.000041 | ↗ 28.72% |
1 Week | CA$0.00000515 | ↗ 945.32% |
1 Month | CA$0.000018 | ↗ 197.18% |
1 Year | CA$0.000378 | ↘ 85.77% |
FAQ
BitTorrent (BTTOLD) is a decentralized peer-to-peer (P2P) file sharing and torrent platform that has gained recognition due to its increasing decentralization. Launched in July 2001, BitTorrent was acquired by the blockchain platform TRON in July 2018. Since the acquisition, BitTorrent has introduced new tools and a dedicated native cryptocurrency token, BTT, which was released in February 2019. BTT was launched on TRON’s blockchain, using its TRC-10 standard. BitTorrent seeks to offer an alternative to the traditional entertainment industry by providing a platform for direct content distribution among internet users. It is currently recognized as a large decentralized P2P communications protocol globally.
BitTorrent operates by allowing users to share files such as music and movies among themselves, eliminating the need for a central server. The platform segments any file being distributed into many pieces, which make up the complete file. These pieces are uploaded by users who have them and downloaded by users who need them. BitTorrent also introduced BitTorrent Speed, a feature that uses the BTT token as part of its operations. Users may provide BTT tokens to other users, potentially leading to faster download speeds. This incentive encourages users to seed files longer, contributing to a healthier BitTorrent protocol.
BitTorrent's primary use case is to provide a decentralized platform for file sharing and torrenting. It allows users to distribute content directly among themselves, bypassing traditional distribution networks. This aims to make obtaining material more efficient and potentially less costly. BitTorrent also offers paid services, including several versions of its platform that include VPN capabilities and ad-free browsing. Furthermore, BitTorrent Speed uses the BTT token to incentivize users to seed files longer, contributing to more efficient download speeds for all users in the network.
BitTorrent was originally released in July 2001 by developer and entrepreneur Bram Cohen. Cohen designed BitTorrent with the intention of offering an alternative to the traditional entertainment industry, which he saw as slow and costly. Despite facing multiple legal battles, Cohen maintained that BitTorrent does not break copyright laws. In 2018, BitTorrent was acquired by TRON, a blockchain platform. Under TRON's control, BitTorrent expanded its user appeal to those interested in decentralized solutions and cryptocurrency. The BTT token was released on TRON’s blockchain in 2019 as part of TRON’s intention to incorporate more decentralized features into the platform.
We update our BitTorrent to CAD currency in real-time. Get the live price of BitTorrent on Coinbase.
The current market cap of BitTorrent is CA$0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of BitTorrent is CA$0.0194. This all-time high is highest price paid for BitTorrent since it was launched.
Over the last 24 hours, the trading volume of BitTorrent is CA$1.55K.
Assets that have a similar market cap to BitTorrent include Towelie, Sui Monster, Jaihoz by Virtuals, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of BitTorrent is 0.
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