![]() “When users gain access to BitTorrent Speed, they will be blown away by the improvements we’ve made to the client they know and love today.” BitTorrent and TRON: Building a Decentralized Content Distribution PlatformīitTorrent is a peer-to-peer (P2P) communication protocol for the sharing of files over a distributed online network. Moreover, the new tokenized features being implemented by BitTorrent Speed are backward-compatible with previous versions of µTorrent and will not affect users who choose not to or can’t participate in the innovative feature because they’re from the United States.Ĭurrently, the revolutionary blockchain application is undergoing extensive testing on the network to provide users with a seamless and reliable experience, according to Justin Knoll, head of BitTorrent Speed development. ![]() This is the first project of its kind and has real potential, as BitTorrent already serves more than 100 million users worldwide, which is why BitTorrent Speed will become the largest blockchain application in the world. Therefore, users are incentivized to seed their files for longer periods of time and users downloading content benefit from faster speeds.Įssentially, BitTorrent Speed is revolutionizing peer-to-peer file sharing with blockchain technology through token incentivization with the Tron-based BTT token. The longer a user uploads (seeds) files, the more BTT tokens they’ll receive.Īlso, users downloading the files will be able to pay the content sharers (uploaders/seeders) with BTT tokens to receive faster download speeds. How Will BitTorrent Speed Work?īitTorrent Speed’s software will connect and reward users with BitTorrent (BTT) tokens when they serve content to others via the popular µTorrent network by continuously uploading (seeding) the contents files. However, US citizens will be able to purchase the BTT token from the Binance Launch platform and later speculate on its price by trading BTT on crypto exchanges. While BitTorrent speed and BTT are expected to launch this summer, user accounts based in the United States will not have access to BitTorrent Speed along with BTT’s utility. BitTorrent Speed is poised to be the world’s largest blockchain application, enabling ultra-fast uploading and downloading of files. ![]() ![]() BitTorrent, the industry leader in peer-to-peer (P2P) file sharing with over 100 million customers worldwide will be launching BitTorrent Speed along with the Tron-based BTT token this summer. ![]()
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