One of the features that separate some cryptocurrencies from fiat money, such as U. The total supply of BTT is limited to billion tokens. Since the BitTorrent coin is a relative newcomer, caution is definitely advised and position sizes should be small.
Still, the use cases and the limited supply add to the bull thesis for this interesting and unique crypto asset. On the date of publication, David Moadel did not have either directly or indirectly any positions in the securities mentioned in this article. Market Insight, Financial Articles. Stocks to Buy. Today's Market. Close Menu. Log in. Receive BitTorrent Tokens for seeding files. Why Use BitTorrent Token? If you regularly download files from BitTorrent, you may be able to use BitTorrent token in order to speed up the transfer of chosen files.
As an investment — Like many other cryptocurrency projects, BitTorrent Token can also be viewed as a cryptocurrency investment. As such, you can use BitTorrent Token as a currency if you can find a buyer or seller willing to accept it.
Criticisms of BitTorrent Token Despite its short lifespan thus far, BitTorrent Token has already been the subject of multiple criticisms. Share this: Twitter Facebook. It actually makes sense, keep on reading. It will incentivize users to keep sharing their content by longer periods of time by allowing them to earn some passive income.
So, if you seed your files for longer, the network will reward you with some digital money. But that just would be the beginning. You could actually develop and deploy websites that would run on BitTorrent. Each use case is represented as a sequence of simple steps, beginning with a user's goal and ending when that goal is fulfilled.
Use cases add value because they help explain how the system should behave and in the process, they also help brainstorm what could go wrong. They provide a list of goals and this list can be used to establish the cost and complexity of the system. Project teams can then negotiate which functions become requirements and are built. Depending on how in depth and complex you want or need to get, use cases describe a combination of the following elements:. Write the steps in a use case in an easy-to-understand narrative.
Kenworthy outlines the following steps:. Below, are examples of three use cases with increasing levels of complexity. For our purposes we have defined them as Simple, Middleweight and Heavyweight use case for doing the laundry. In each of these types of uses cases you will see that:.
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