The BitTorrent team announced on Thursday that the total vaults on the BitTorrent File System (BTFS) have surpassed 1.7 million. BitTorrent File System (BTFS) is both a protocol and network implementation that provides a content-addressable, peer-to-peer mechanism for storing and sharing digital content in a decentralized file system.
The BitTorrent token is a TRC-10 token on the Tron blockchain. The BTT token intends to build a token-based economy for networking, bandwidth, and storage resources on the existing BitTorrent network.
BitTorrent’s BTTC token is down by 3.5% so far today and is trading at $0.00000108 at press time.