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    Cryptocurrencies BitTorrent
    EUR
    $0.000000705489 $ 0.000000705489
    +¥5204,24 -1.8% 1D
    1D 1M 1Y ALL
    Updated:
    LOADING DATA
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    Market Cap (USD)
    669.69M
    24H Volume
    13.25M
    Circulating Supply
    947962B BTT
    Max Supply
    990000B BTT
    All Time High
    0.00000343134
    Rank
    59

    About

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    • About BitTorrent (BTT)

      BitTorrent is a content distribution protocol independently developed by Bram Cohen in 2001. Its emergence has greatly improved the file download efficiency of Internet users and brought users a better use experience, that is, it can ensure the effective improvement of upload speed and download speed through certain strategies. In a short time, BitTorrent protocol has become a new innovation technology.

      BitTorrent uses an efficient software distribution system and peer-to-peer technology to share large volumes of files (such as a movie or TV program), while enabling each user to provide upload services like a network redistribution node. BitTorrent has made a major innovation in this regard: the distributor or file holder sends the file to one of the users, and then the user forwards it to other users, so that users can forward their own file parts to each other until each user's download is completed. This method makes full use of the upload bandwidth of users, and enables the download server to process the download requests of multiple large volume files at the same time without occupying a large amount of bandwidth. The more users download, the faster the download speed.


      How does BTT Work?

      BitTorrent protocol is a P2P file transfer protocol based on the TCP/IP protocol, which is in the application layer of TCP/IP structure. BitTorrent itself also covers many specific content protocols and extension protocols, and is still in a stage of continuous expansion and improvement.

      BitTorrent can solve the problem of slow download efficiency. By using different content files in each user's hands, it can split the upload and download process by uploading its own file data and downloading the file data of other users, until the complete file is downloaded. In this way, the file source can well cope with the situation of a large number of users downloading, while only bringing a moderate increase in load.

      BitTorrent protocol will support the virtual division of downloaded files into blocks of the same size. Meanwhile, the index information and hash captcha of each block will also be written .torrent file (i.e. seed file, also referred to as "seed") is used as the "index" of the downloaded file. In this way, when users download file content, they first need to get the corresponding .torrent file, and then download it through BT client software.

      In the process of downloading, the BT client will parse the .torrent file to obtain the Tracker address, and then connect with the Tracker server. After receiving the "signal", the Tracker server will respond to the download request sent by the user and provide it with the IP of other downloaders (including publishers), this is only method 1. The BT client can also parse the .torrent file to obtain the nodes routing table, and then connect the valid nodes in the routing table. The network nodes provide the IP addresses of other downloaders to users who need to download.

      The downloader can now connect to other downloaders through the .torrent file, both parties respectively inform each other of their existing blocks, and then exchange data that the other party does not have. In the whole operation process, there is no need for other servers or other network nodes to participate, which effectively relieves the data traffic on a single line, thus reducing the burden on the server.

      Every time the downloader obtains a block, it needs to calculate the comparison between the hash captcha of the downloaded block and the .torrent file. If they are the same, the block is correct. Otherwise, the downloader needs to download the block again.
      In this way, the more users download, the more bandwidth will be provided, the more seeds will be available, and the faster the download speed will be.


      What is BTT?

      BitTorrent is a content distribution protocol. Generally, the download server provides download services for each user who sends a download request. This process is peer-to-peer: However, BitTorrent consists of each node contributing its own part of the content. Meanwhile, there will be multiple nodes serving users. Nodes upload and share their own file data. Users can download complete information data according to their needs, so as to ensure the smooth and rapid completion of the user's download process. Through a special form of content distribution, it improves the efficiency of file downloading and brings users a better experience.
      Each node will preferentially select blocks with fewer blocks to download, and then those with relatively more blocks in the system, so as to keep the whole system close to the optimal state and avoid being abandoned due to small blocks.

      The total number of BTTS is 990 billion. The specific distribution is as follows: private placement 2%, partner 4%, public offering 6%, seed round 9%, BitTorrent airdrop 10%, TRON (TRX) airdrop 10.1%, TRON (TRX) foundation 20%, BitTorrent ecosystem 19.9%, and the team holds 19%.
      Expand
    • BitTorrent Market

      Currency Price 24H Change Action
      BitTorrent
      BTT /USDT
      3X Margin
      $0.000000705489 -1.8% Trade
      BitTorrent
      BTT /USDT
      Spot
      $0.000000705489 -1.8% Trade

    BitTorrent FAQs

    • 1. What determines the price of BitTorrent?
      There are two schools of thought in determining the price of BitTorrent.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of BitTorrent, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of BitTorrent from a long term perspective.

      By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of BitTorrent on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for BitTorrent as well.

      HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for BitTorrent and the cryptocurrency market as a whole.
    • 2. What is the highest price of BitTorrent in history?
      BitTorrent achieved the all-time high of €0.00000 in 2022-01-21, and is currently trading at €0.00000.
    • 3. What is the lowest price of BitTorrent in history?
      In 2022-06-18, BitTorrent reached the all-time low of €0.00000.
    • 4. Should I buy BitTorrent now?
      It is important to remember that BitTorrent, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

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