Latest BitTorrent updates on March 28th
Last week on BitTorrent’s Twitter account, important updates and announcements have been made. Firstly, a new version of the BTFS (BitTorrent File System) network is being developed. Moreover, TRON network data is now stored on the BTFS distributed network and Justin Sun’s view on the future of Hong Kong has been stored as well. Furthermore, JustLend DAO now has over 18% APY on $BTT supply and 12% increase in TRON platform Total Value Locked (TVL). Lastly, TOP10 projects for both Storage and Tron were announced.
What is BitTorrent ?
BitTorrent is an innovative peer-to-peer file sharing system that allows users to download large files quickly and securely. By using the BitTorrent protocol, users can connect to a network of peers and transfer files with ease, without having to rely on a central server. This makes BitTorrent faster and more efficient than similar services, as data is transferred directly from user to user.
BitTorrent is based on the principle of decentralization, which means that no single entity is responsible for hosting or maintaining the network. Instead, the network is powered by a network of users who share files with each other. This means that data is transferred in a secure and reliable way, without any single point of failure.
The BitTorrent protocol is also very secure, as it uses encryption technology to protect users’ data from being accessed by other users. Furthermore, the protocol also allows for the tracking of individual files, which means that users can be sure that the files they are downloading are genuine and not corrupted.
BitTorrent is a great way to share large files quickly and securely. It is an efficient and secure way to transfer data, and it is becoming increasingly popular as more people become aware of its benefits. With BitTorrent, users can share files with speed and reliability, without having to rely on a central server. If you’re looking for an easy and secure way to transfer large files, then BitTorrent is the perfect solution.
This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.
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What is the price & marketcap of BitTorrent?
BitTorrent is a cryptocurrency with a price of $ 0.000000382501 and marketcap of $ 364,744,390. BitTorrent’s market price has increased 0.29% in the last 24 hours. It ranks 92 amongst all cryptocurrencies with daily volume of $ 11,749,446.
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