Both of the tasks usually take place at the same time. In simple words, a peer is a person downloading a file, and a seeder is the one uploading. Peers and seeders are the two primary roles, and a user connected to the BitTorrent ecosystem plays both of the roles at the same time. The best thing about BitTorrent is that any user who starts downloading a file becomes a member of the community. Currently, it’s the most potent and the best P2P platform across the globe in terms of service quality, number of users, and popularity. It allows users around the world to upload and download desired files using a decentralized P2P protocol. As mentioned, BitTorrent was founded in 2001 by a renowned American software engineer, Bram Cohen. In order to fully understand what BitTorrent Token (BTT) is and how it works, it’s important to discuss its parent company. If you want to know the scope of this cryptocurrency, then consider reading this guide till the end. ![]() In this article, we'll discuss BitTorrent Token (BTT) in detail, how it works and what you can buy using your BTT token. The primary aim of creating BitTorrent (BTT) was to tokenize BitTorrent, which is known to be the largest decentralized network in the world for file sharing. ![]() ![]() The company launched its own BitTorrent Token (BTT) recently in 2019, and within less than two years, it has become one of the most popular virtual currencies in the whole world. BitTorrent is one of the most popular P2P (Peer to Peer) file-sharing protocols that was launched back in 2001. BitTorrent Token (BTT) is a native cryptocurrency of BitTorrent, which is based on the Tron blockchain.
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