Sold: ICO BitTorrent was a complete sellout in 15 minutes

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2019-01-29 11:45:07

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Sold: ICO BitTorrent was a complete sellout in 15 minutes Source:

Last year CryptoStream under the leadership of a young Justin Sana bought the company BitTorrent. Then the management decided own native cryptocurrency BTT. The holding of ICO was scheduled for January 28, so a speedy completion of the sale was not expecting anyone. Perhaps that long-awaited impact on the recent Tron.

According to the CCN, the developers have launched sales for networks and . And although network Tron allocated much more tokens, both sessions ended after 15 minutes. During the session BNB all from 23.76 million the BTT was sold out within 13 minutes, 25 seconds. At the same time, the network of 35.64 TRON tokens BTT scattered as pies in 14 minutes 41 seconds.

Recall, BTT — it TRC10-token, designed to encourage users peer-to-peer file-sharing networks. The new system will allow uploads and downloads to use BTT in several ways. However, the main goal is to seeders for the distribution files.

According to Wallpaper, the token uses payment channels like to create contracts between seeders uploads and downloads. It's not clear whether users of alternative BitTorrent clients to get access to premium speed modes.

the

Bram Cohen out of business

BitTorrent is in itself the original BitTorrent client, created by the inventor of the BitTorrent Protocol. However, Bram Cohen made it clear that is not associated with the latest incarnation of BitTorrent. He works on his own cryptoprocta under the name of Chia.

Now the BitTorrent client used by over 100 million people. These users will automatically be embedded in the Tron system in subsequent updates of the program, which will allow to gradually expand the user base of crypto-currencies. Anyone who wants to use their BTT must have some symbolic number of tokens Tron just as holders of tokens required esters for transactions. More data to search for .

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