BitTorrent was one of the original peer-to-peer file-sharing systems that was made to directly combat the entertainment industry. Users could initially share files, such as music, without having to go through an organization in the middle. In 2018, BitTorrent was purhcased by TRON, another blockchain player, until it was built into its own new blockchain in 2021. The BitTorrent Chain is now one of many competitors hoping to connect all the various blockchains in circulation today, allowing them to communicate with one another.
The BitTorrent Chain is one of many blockchains trying to solve the concept of "interoperability." Interoperability is what describes allowing blockchains that might otherwise be separate to communicate with each other. Even though Bit Torrent, as a product, has been around for more than 20 years, the pivot to the BitTorrent Chain leaves us thinking about whether or not this will be the protocol that solves the interoperability problem the best. Like many others, we will have to watch how other players adopt the technology.
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BitTorrent is apowered by,uses to validate transactions,and is.BitTorrent also supports.
Interesting facts about BitTorrent
Here are some facts you may not already know about BitTorrent. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
BitTorrent was one of the first peer-to-peer file sharing sites.
BitTorrent Chain is one of many players hoping to allow separate chains to communicate with one another.
BitTorrent was born out of the TRON blockchain.
BitTorrent reviews from the cryptohunt community
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-0% past 1 week
Based on 1 community reviews
0% feel totally fine about BitTorrent today
0% think this is a great investment
0% believe in the potential
0% say the development team is great
0% say the community is great
Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members -
# Telegram members 13,116 1% of them are active
% of total supply circulating Very small
What’s the community like?
Community matters for projects like BitTorrent, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.