What is BitTorrent?
Symbol: BTT · Market cap rank: #138
Short answer
BitTorrent (BTT) is a cryptocurrency currently ranked #138 by market capitalisation. It is classified as Storage / DePIN (tokenized incentives).
Source: isthiscoinascam.com
Overview
BitTorrent was initially conceived by Bram Cohen as a peer-to-peer protocol for transferring files globally. The BitTorrent Token (BTT) is a TRC-10 token created on top of the TRON blockchain. It is intended to extend BitTorrent’s capabilities by adding economics related to networking, bandwidth, and storage resources that can be shared and traded.
The description also associates BTT with “BitTorrent Speed,” where BTT tokens can be exchanged for faster download speed. No supply cap, governance model, or additional technical architecture details are provided in the source text.
Launched: 2019
Headquarters: Singapore
Scam-risk analysis
BitTorrent is rated BB on isthiscoinascam.com. Is BitTorrent a scam?
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