BitTorrent

BitTorrent File System: Start BTT mining anywhere

BitTorrent File System, the first scalable decentralized storage system officially went live last week and users can now start earning BTT using their computers at home or anywhere in between.

BTFS is the fork of InterPlanetary File System and it is uniquely integrated with the TRON blockchain, as users can initiate nodes via wallets that support TRON.

BTFS is a combination of file storage and a file transfer system. BTFS users can upload their files into the BTFS network via a BTFS daemon. BTFS would allow the efficient and secure transfer of files between nodes located across different regions and this makes the BTFS as a reliable system when it comes to file-sharing systems.

 

What is BTT and how to earn it?

BitTorrent Inc. has introduced a TRON TRC-10 cryptographic token called BitTorrent Token (BTT) and it acts as a general cryptocurrency for transacting in computing resources shared between BitTorrent clients.

BTFS users could start earning BTT immediately by simply running a BTFS node and BTT is available as a divisible token, allowing for granular pricing.

Key Advantages of the BTFS:

  • Reliability
  • Lower Price
  • Greater Decentralization
  • Advanced Incentive Mechanism
  • Advanced encryption method
  • User-friendly UI

BTFS Mining Revenue Models:

  • Storage space mining
  • BTFS storage space mining competition
  • Node repair mining
  • Node reputation mining
  • Storage verification mining
  • CDN storage mining

 

About BitTorrent

BitTorrent is based in San Francisco and founded on September 22, 2004, by Bram Cohen and Ashwin Navin. It is the largest decentralized P2P communications protocol for distributing data and large files over the Internet.

In 2018, BitTorrent was acquired by TRON Foundation and continued to provide support for their BitTorrent and uTorrent clients.

With TRON 4.0 launching in a couple of weeks and BTFS going live, this is such an amazing accomplishment for the hardworking guys at BitTorrent and their team at TRON Foundation with the leadership of Justin Sun. This would surely increase the BitTorrent network in the next following months.

For more news and updates, see Tron Spark.

Jino Tokieda

Meet Jino Tokieda, a skateboarder for over two decades and a proud father of two. Jino is a unique individual, as he is a Japanese Filipino, and brings a unique perspective to his writing. With over 21 years of experience in the skateboarding world, Jino has a wealth of knowledge and experience to share with others. In addition to his skateboarding career, Jino has also worked as an account executive for a global photography company, giving him a diverse background and a unique perspective on the world. Since 2020, Jino has been writing articles for Tron Spark and has been involved with the TRON crypto community for a few years. With his vast knowledge and experience, Jino is sure to provide valuable insights and information to his readers.

Recent Posts

VOD Wallet: Partners with TRON’s USDD to Enhance User Experience

In a significant move within the cryptocurrency space, VOD Wallet has announced a strategic partnership…

4 weeks ago

TRON: TRC20 Stablecoin Ecosystem Achieves $13.89 Billion in Daily Transactions

In the realm of cryptocurrency, stablecoins serve as an anchor, providing stability in a notoriously…

1 month ago

Pi42 Exchange: Revolutionizes Crypto Trading in India with TRX Listing

In the constantly evolving landscape of cryptocurrency, it's always exciting to see substantial developments that…

1 month ago

TRON Blockchain: Surpasses 217 Million Accounts

In a significant milestone for the cryptocurrency industry, the TRON blockchain has officially exceeded 217…

2 months ago

Merlin Chain: Teams Up with TRON to Unlock New Possibilities for Bitcoin Users

In a groundbreaking move set to redefine the landscape of blockchain interoperability and financial inclusivity,…

3 months ago

TRON: Unveils Revolutionary Bitcoin Layer 2 Solution

TRON, the powerhouse behind the globe's most expansive stablecoin domain and a significant player in…

3 months ago