BitTorrent Confirmed Over 2 Billion Installations Of Its Software

BitTorrent confirmed more than 2 billion installations of its software on Mac, Android, and Windows, a year after the company was acquired by Justin Sun so let’s find out more about it in the latest cryptocurrency news.

The leading decentralized peer-to-peer network BitTorrent reached a huge milestone as BitTorrent confirmed more than 2 billion installations of its torrent client software. Founded in 2004, BitTorrent becomes one of the most utilized software products for downloading torrents with the two brands uTorrent and BitTorrent. The company attracted more than 90 million active users, boosting 22% of upstream and 3% downstream traffic across the world.

In a press release, the company informed about the most recent milestone and now the users from across the world have downloaded and installed one of the brands over two billion times. The statement accredited the growth to the popularity of the company’s Classic desktop torrent clients as well as its new Web-based torrent downloader and player built for the streaming age.” Looking from the downloadable client software for Windows, Linux, Mac, there’s also the highlighted Android version available of Google Play Store which is the most popular mobile torrent downloader. As Justin Sun explained:

 “Almost two decades ago, the dream of decentralized file transfer was brought into existence by BitTorrent, thus changing the world and positively impacting the lives of people everywhere. Today, we celebrate our history and everyone involved in making the BitTorrent protocol and our products a success. We look forward to fulfilling our mission of improving the protocol and introducing new use cases, such as decentralized file storage and live streaming products.”

BitTorrent added Binance USD earlier this year as a payment method enabling users to purchase goods and membership on the platform. BUSD became the sixth cryptocurrency accepted by BitTorrent after OKB, TRX, BTT, and BNB. The BTT cryptocurrency was performing quite well this year after entering the year at $0.0003, doubling in value by mid-February to the yearly high of $0.0006. What followed then was a massive 70% dive during the most intense days of the Covid-19 pandemic as the cryptocurrency dropped at $0.00017. BTT was increasing continuously ever since and is now trading at $0.00045. This implies a 65% year-to-date pump and a 165% price surge since the March Crash.