Bittorrent Whitepaper (BTT)

TRON Foundation and BitTorrent Foundation are introducing a new cryptographic token called BTT
along with an extended version of the BitTorrent protocol in order to create a token-based economy
around the usage of networking, bandwidth and storage on hundreds of millions of computers on the
internet. Our initial entry point is to introduce token-based optimizations to the existing BitTorrent
protocol providing a way for the value of sharing bandwidth and storage to be captured by network
participants beyond the point at which the current protocol no longer values it. Our longer-term vision is
to broaden the usage of BitTorrent far beyond current use cases to provide a distributed infrastructure
platform to third party app developers and to enable consumers to continuously distill small amounts of
value from their devices by allowing others to make use of their spare resources.

The first step in our project will create a market-driven mechanism to enable consumers to collaborate to
optimize and prolong the lifespan of existing BitTorrent swarms. Using additional extensions to
BitTorrent we will subsequently open up opportunities for distributed app developers to launch new apps
making use of infrastructure provided by existing BitTorrent clients which already constitute a distributed
networked storage platform of unprecedented scale. These new apps will be able to offer incentives (BTT)
to users in return for access to cost effective platform resources comprised of an incredibly broad
collection of already-deployed network endpoints. The position of these endpoints at the very edge of the
Internet will have the additional appeal to developers of being extremely difficult for net-neutrality
adversaries to interdict. Finally, the ability of consumers to capture the value of their contributed
computing resources within a cryptographic token will give rise to a completely new transactional
mechanism for internet consumers that is distinct from either their attention or their credit card.

With over 100 million monthly active users and millions of additional new installs every week, BitTorrent
already manages one of the largest distributed computing ecosystems on the Internet. By integrating BTT
tokens and transaction processing we will both address existing limitations of BitTorrent and open up a
whole new borderless economy exchanging value for compute resources on a global scale. This will be a
realization and extension of the vision expressed by Satoshi Nakamoto in the original Bitcoin white paper
on its tenth anniversary.

BitTorrent_Token_Whitepaper

Bittorrent Website
Bittorrent Whitepaper

Social