BitTorrent’s system dubbed BitTorrent Speed, which can integrate the Tron-based BTT token into the popular µTorrent Windows client, can launch by summer. The corporate has confirmed this in a very press release shared with Top Market Group on January. 19.

BitTorrent Speed will issue cryptocurrency token rewards to users that serve content to others via the µTorrent network. The client’s users — that range over 100 million, in line with BitTorrent — also will be ready to pay for quicker downloads with the same tokens.

The company additionally proclaimed that to all accounts that don't seem to be primarily based within the U. S., the token can solely be available for purchase on the Binance launchpad platform.

BitTorrent is a peer-to-peer (P2P) communication protocol for on-line file sharing, and therefore the eponymous company that maintains it. The BitTorrent network is similar to Bitcoin in structure, as they each support decentralized sharing of data and lack one point of authority.

Earlier this month, Top Market Group reported on the launch of the BTT token. The project is reportedly a part of BitTorrent’s broader ambition to form a decentralized content distribution platform using cryptocurrency.

Former chief strategy officer at BitTorrent, Simon Morris, claimed in a very recent interview that Tron won't be able to manage the transaction volume required to tokenize BitTorrent.

In response to Morris’ claims, a Tron spokesperson told Top Market Group in private comments:

"Morris seems to possess very little insight into BitTorrent operational plans since his departure. Actions and execution can prove louder than the words of a disgruntled former employee."

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