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bit Toren cryptocurrency in the previous videos about bit T you predicted its growth and many people approximately correctly determined the course for the next week I am also waiting for your forecasts in the comments to this video the correct forecasts will be posted in the following videos what is bitor bitor is a popular peer-to-peer file sharing and torren platform which has become increasingly decentralized in recent years originally released in July 2001 bit torrin was purchased by blockchain platform Tron in July 2018 since its acquisition Boran has added various new tools with a dedicated native cryptocurrency token BTT released in February 2019 BTT was launched on tron's own blockchain using its trc1 standard according to His official literature bitorrent is currently the largest decentralized P2P communication protocol in the world who are the founders of bit torrent the original bit torrent is the brainchild of Bram Cohen a developer and entrepreneur who himself has since become well known in the currency Arena Cohen has explained that he designed bits horn to usurp the dated entertainment industry which made obtaining materials slow and expensive the platform has seen multiple legal battles with Coen maintaining that it does not break copyright laws and allowing users to share files such as music and movies among themselves in 2018 Tron completed its acquisition of bit torrent bringing bit torrent under the control of Justin Sun Sun is notorious for his plugging of both Tron as a cryptocurrency and its blockchain technology bidding $4.5 million at a charity auction to have lunch with Warren Buffett and discuss cryptocurrency with him Tron is also behind the addition of cryptocurrency to bit Tor as the BTT token was released on tron's blockchain the Move formed part of tron's efforts to add further decentralized features to the platform what makes bitor unique bitor original goal was to disrupt the Legacy entertainment industry and how consumers obtain content expensive and inefficient distribution networks were the main target with original developer Bram Coen seeing benefits and allowing internet users to distribute content among themselves directly in the early 2000s bit horen became the go to P2P file sharing platform with Tron stepping in 2018 under Tron bit horen has expanded its user appeal to those interested in decentralized Solutions and cryptocurrency as well as to its own user base among the added features are bit torrent speed which uses the BTT token as part of its operations bit torrent has also branched out into paid Services offering several premium versions of this platform which include VPN capabilities and AD free browsing the torent outlet project prospects as for the torrent tracker the service is already in the market leaders and it is quite good at keeping the audience if we talk about the cryptocurrency component of the project it is at an early stage of development informing potenti potential users about themselves and involving them in the project ecosystem integration with third party Services the project team does a poor job of informing only a small number of regular users of new torrent know about the BTT token the incentive mechanism and the ability to increase the download speed to improve the situation you need aggressive marketing and periodically informing users about new features inside the mutorrent application using popup messages or changing the design of the application forecast of the BTT coin rate the according to coin switch estimates the value of the bits torn cryptocurrency marriage 2 Cents by the end of 2021 thanks to the bits torn speed feature if the service becomes a partner of Netflix Amazon Prime or other similar Platforms in the coming years then by 2023 it will enter the top 10 cryptocurrencies by capitalization how much will bit Tor and token cost in the N
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