Before talking about how BitTorrent works, we need to understand what it is exactly.
The protocol was taken over by the Tron Foundation in 2018 and was relaunched through an IPO in 2019 in the Binance exchange.
The Tron Foundation through this IPO has introduced the bittorrent token linked to the BitTorrent ecosystem.
In fact, to date it is one of the best IPOs that have been launched so far, although to be honest they are few.
This project is a decentralized peer-to-peer system for file sharing.
It was first introduced in 2002 by the programmer Bram Cohen and was written in Python language.
BitTorrent is not exactly a pure decentralized system as it always uses a main server to connect to the network.
This however is about to be solved by Tron as it tries to take BitTorrent to a higher level.
In fact, BitTorrent Speed was born where thanks to the bittorrent token, this system is preparing to be a real streaming platform.
A user can both download content to their PC and share the same file with other users using peer-to-peer.
Then there is also a huge database that can be used to upload files inside and share them with users.
This system is called BTSF and consists in giving away a part of one’s own PC memory to help the network share files.
In exchange, however, there would be a bidittent token fee.