BitTorrent Token (BTT) is a cryptocurrency built on the TRON blockchain specifically designed to fuel the BitTorrent ecosystem. BTT aims to incentivize users to participate in the network and improve its overall efficiency. Some key functions of BTT include:
• Faster downloads: Users can spend BTT to prioritize their downloads, leading to quicker transfer speeds.
• Storage rewards: Uploaders who share files are rewarded with BTT for contributing to the network.
• Community governance: BTT holders can participate in shaping the future of the BitTorrent ecosystem through voting proposals.
1. Companies Using BTT:
• BitTorrent itself: BTT plays a crucial role within the BitTorrent ecosystem, offering various benefits:
• BitTorrent Speed: Users can pay for faster download speeds using BTT, rewarding uploaders and incentivizing them to keep files available.
• µTorrent Pro: The premium version of the popular torrent client can be purchased with BTT.
• Storage marketplace: BTT can be used for cloud storage services within the BitTorrent ecosystem.
• Payment gateways: Companies like CoinPayments, Plisio, and CoinGate allow merchants to accept BTT as payment, enabling businesses to utilize the cryptocurrency for transactions.
• VPN services: NordVPN and Windscribe accept BTT payments for their VPN subscriptions.
• Other services: ControlD, Ivacy VPN, CactusVPN, Offsetra, and more also accept BTT as a payment option.
2. Companies Partnering with BitTorrent (not necessarily BTT Coin):
• Samsung: BitTorrent technology is integrated into some Samsung Smart TVs, allowing users to easily download and share content.
• Vuze: BitTorrent collaborated with Vuze, another popular torrent client, to improve content discovery and streaming within the BitTorrent ecosystem.
• Opera Browser: Opera integrated BitTorrent technology into its browser, enabling users to download files directly within the browser without needing a separate client.
• Content creators: Individual content creators and artists can leverage BitTorrent for direct-to-fan distribution and monetization of their work.
It’s important to note that while BTT adoption is growing, it’s still a relatively young cryptocurrency. The future of BTT and its widespread use by companies depends on the continued development and success of the BitTorrent ecosystem.
Remember, the cryptocurrency market is still evolving and carries inherent risks. It’s always advisable to conduct thorough research and exercise caution before investing in any cryptocurrency, including BitTorrent