BitTorrent, one of the pioneers of peer-to-peer (P2P) software systems for internet-based file sharing, is reportedly launching its own digital currency. BitTorrent’s new cryptocurrency will be issued by the decentralized platform’s supporting organization, the Singapore-based BitTorrent Foundation. Notably, the P2P network’s new crypto, the BitTorrent Token (BTT) will be based on the Tron protocol, which was initially proposed and developed by former Ripple Labs employee, Justin Sun.
