I saw that a big shot recently mentioned BTT, probably confusing many people 🤔

Here's a simple explanation of what BTT is—

BTT is actually a tokenized upgrade version of the BitTorrent protocol. The BitTorrent P2P file sharing protocol should be familiar, right? It allows you to directly transfer files with other users worldwide without the need for intermediary servers.

The core function of BTT mainly lies in the incentive layer: it uses a token mechanism to quantify and facilitate the trading of upload bandwidth, storage resources, and other assets. In simple terms, it adds an economic system to the P2P network.

This idea of tokenizing traditional internet protocols is quite interesting. Essentially, it explores how to use crypto-economic incentives to optimize network efficiency. Of course, the actual effectiveness depends on ecosystem development and user adoption.