BitTorrent [New]

The original BitTorrent platform was created by Bram Cohen, a developer and entrepreneur who has become well-known in the cryptocurrency space. Cohen's goal was to disrupt the traditional entertainment industry by creating a more efficient and decentralized way for users to obtain content. In 2018, the TRON blockchain platform acquired BitTorrent, bringing it under the leadership of TRON's founder Justin Sun. Sun has been a vocal proponent of cryptocurrency and has worked to add more decentralized features to the BitTorrent platform, including the BTT token.

BitTorrent's original focus was on disrupting the legacy entertainment industry by providing a more efficient, decentralized way for users to obtain and share content. Unlike traditional file sharing methods that relied on centralized servers, BitTorrent's P2P protocol allows users to share pieces of files with each other directly. This makes the system more scalable and resilient. Under TRON's ownership, BitTorrent has expanded its focus to appeal to the decentralization and cryptocurrency crowd, adding features like the BTT token that enable new use cases like paying for faster downloads. BitTorrent has also branched out into premium paid services like VPN and ad-free browsing.

BitTorrent states that it employs "the highest level of security measures" to secure user funds, but advises that cryptocurrency does inherently involve some risk. The company recommends that users protect themselves against theft, such as from malware, by using security measures like biometric verification.