Founded with a leading peer-to-peer sharing technology standard in 2004, BitTorrent, Inc. is a consumer software company based in San Francisco. Its protocol is the largest decentralized P2P network in the world, driving 22% of upstream and 3% of downstream traffic globally.
Its flagship desktop and mobile products, BitTorrent and µTorrent, enable users to send large files over the internet, connecting legitimate third-party content providers with users. With over 100 million active users, BitTorrent products have been installed on over 1 billion devices in over 138 countries worldwide.
What is $BTT(BitTorrent)?
Founded with a leading peer-to-peer sharing technology standard in 2004, BitTorrent, Inc. is a consumer software company based in San Francisco. Its protocol is the largest decentralized P2P network in the world, driving 22% of upstream and 3% of downstream traffic globally.
BTTOLD is a TRC-10 utility token based on the blockchain that powers features of the most popular decentralized protocols and applications in the world. DApps powered by BTT include BitTorrent Speed, BitTorrent File System, DLive, and others in the pipeline.
BitTorrent Chain — the first heterogeneous cross-chain interoperability scaling solution — went live on December 12, 2021, with the BTT redenomination program kick-started in tandem, ushering in a new era of connecting all chains.
What is BitTorrent Chain?
BitTorrent Chain (BTTC) is the world’s first heterogeneous cross-chain interoperability protocol, which adopts PoS (Proof-of-Stake) mechanism and leverages sidechains for the scaling of smart contracts. It now enables interoperability with the public chains of Ethereum, TRON and BSC, with more chains to be supported in the future.
BTT redenomination was also implemented with the launch of the mainnet of BTTC. While maintaining its current market cap, the old BTT tokens will be redenominated and swapped with the new BTT tokens at a ratio of 1:1000. Meanwhile, the total supply of BTT tokens will be increased from 990,000,000,000 to 990,000,000,000,000. The new tokens after redenomination are referred to as BTT, while the old ones are renamed as BTTOLD.
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