Tron’s Justin Sun says BTT to Open for Test Mode in Q2, Excited for BitTorrent’s 100 Million Active Users
BTT “Guarantees” Safe & Instant Transactions
The Tron-powered BitTorrent is all set enter the market as Tron founder and BTT CEO, Justin Sun reveals as per his Twitter activity.
Sun is excited about the developments made by BTT where transactions are “guaranteed” to be safe and instant in the world of decentralization and ready to take it to the masses.
“Saw demo today. BTT is running extremely smooth and fast which is powered by TRON. Every Tx is instant and safe with decentralization guaranteed. I can’t imagine how much we will shake the industry once we deliver these to the entire 100 million active users.”
According to Sun, it will be opened for its early adopters this month while in the second quarter, it will allow all of its 100 million users to test it.
“I think we will start to invite early adopters to join this month and started test mode to all our users in Q2. If everything goes well, we are ready to ship in Q2-Q3. Actually everything is ready now. We just want to double check and make sure the safety.”
Making BTT Successful & by Extension TRX
BitTorrent is the one that frist int forward decentralization long before crypto excited. A 100 percent decentralized network for file sharing accounts for about 70 percent of internet traffic.
With over 100 million users scattered all over the world, Tron founder Justin Sun acquired BitTorrent to merge it into Tron through its “Project Atlas.”
From there comes, BitTorrent Token (BTT) that will incentivize users to share content while allowing them to earn passive income in the form of BTT. It would further allow the hosting of sites by a decentralized network and then monetize your content directly from users.
Recently, Sun and shared in an AMA the reason behind BTT which is a TRC10 utility token. According to him, providing enough TRX to BitTorrent’s huge user base is not possible “without diluting the value of TRX” and moreover, the more successful BTT is, Sun says the more successful TRX will be.
“This is a program to give our users early access to our product, and to encourage them to stick with us for the long term. We are not only airdropping to TRX holders, but also giving the BTT token to BitTorrent users through the clients. We expect over 100M active users will get to know about cryptocurrency and the first one they will experience will be BTT.”
At the time of writing, at the 10th spot, TRX has been trading at $0.0226 with 24-hours loss of 0.13 percent. While BTT is trading at $0.0007 with 24-hours loss of 0.35 percent, as per the data provided by Coinmarketcap.