Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: TorrentWizard on January 28, 2015, 10:25:55 PM



Title: TorrentToken - An evolution in sharing
Post by: TorrentWizard on January 28, 2015, 10:25:55 PM
TorrentToken is a revolutionary protocol and token that combines bitTorrent and bitcoin to achieve a revolution in sharing.

website: torrenttoken.com (http://torrenttoken.com) forum: http://www.torrenttoken.com/forum/ (http://www.torrenttoken.com/forum/)

http://torrenttoken.com/wp-content/uploads/2015/01/btc21-300x300.png + http://torrenttoken.com/wp-content/uploads/2015/01/btt21-300x300.png = http://torrenttoken.com/wp-content/uploads/2015/01/ZGBVcOA.png



So what does TorrentToken do different?


TorrentToken uses sharing much in the same way bitcoin uses mining. Let’s say there is a torrent that is taking forever to download and the amount of leachers widely outnumbers the seeders. It would be possible to put a bounty on that torrent that seeders could collect. TorrentTokens sharing network could also be used for large scale companies, let’s say they are launching a new game and in their first day they are overloaded with demand. The company could in turn put a bounty on themselves to get people everywhere to lessen the load and make the network run smoother.

Counterparty is a protocol built on top of the Bitcoin protocil. In turn TorrentToken utilizes the counterparty protocol to achieve a peer to peer payment network to subsidize and revolutionize sharing.

Smart contracts can be implemented into TorrentToken to use the features of TorrentToken without running the actual client. In addition smart contracts open up a world of possibility and allow TorrentToken to be used for more than just sharing.

Stay tuned for huge announcements soon to come.


Title: Re: TorrentToken - An evolution in sharing
Post by: cryptopaths on January 28, 2015, 10:29:38 PM
Finally a coin with an actual use. If this can really improve torrenting and make it a better process then I'm on board.


Title: Re: TorrentToken - An evolution in sharing
Post by: Voidcrafter on January 28, 2015, 10:58:58 PM
reminds me of piratebay coin and vtorrent coin.


Title: Re: TorrentToken - An evolution in sharing
Post by: Paycoinzzz on January 28, 2015, 10:59:48 PM
And Magnetz?



Title: Re: TorrentToken - An evolution in sharing
Post by: coins101 on January 29, 2015, 12:07:55 AM
Might add to the list of crypto <> torrent projects.

If this is to be a live project?

https://bitcointalk.org/index.php?topic=932096.msg10231367#msg10231367


Title: Re: TorrentToken - An evolution in sharing
Post by: TorrentWizard on January 29, 2015, 12:26:52 AM
Might add to the list of crypto <> torrent projects.

If this is to be a live project?

https://bitcointalk.org/index.php?topic=932096.msg10231367#msg10231367

What exactly do you mean by live project?


Title: Re: TorrentToken - An evolution in sharing
Post by: rakesh1_90 on January 29, 2015, 08:13:22 AM
Scam!!!


Title: Re: TorrentToken - An evolution in sharing
Post by: coins101 on January 29, 2015, 10:46:30 AM
Might add to the list of crypto <> torrent projects.

If this is to be a live project?

https://bitcointalk.org/index.php?topic=932096.msg10231367#msg10231367

What exactly do you mean by live project?

why ask me a question and then delete the answer?


Title: Re: TorrentToken - An evolution in sharing
Post by: Wicked Sick on January 31, 2015, 01:35:03 AM
I will be able to dig this coin?