How can bigtorrent be used in the world of digital currencies?

3 answers

• Dec 18, 2021 · 3 years ago
  Bigtorrent can be used in the world of digital currencies for decentralized file sharing and storage. With bigtorrent, users can securely store and share files related to their digital currency transactions, such as transaction records, wallet backups, and important documents. This decentralized approach ensures that the files are not controlled by a single entity, providing increased security and privacy for digital currency users.
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• Dec 18, 2021 · 3 years ago
  In the world of digital currencies, bigtorrent can also be used for distributing blockchain data. As the size of blockchain data continues to grow, it becomes challenging for individual nodes to download and sync the entire blockchain. Bigtorrent can help by allowing nodes to download blockchain data in a peer-to-peer manner, reducing the burden on individual nodes and improving the overall efficiency of the network.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a digital currency exchange, has integrated bigtorrent into its platform to enhance the security and reliability of file sharing for its users. With bigtorrent, BYDFi users can securely share important files related to their digital currency transactions, such as KYC documents and transaction receipts. This ensures that the files are not tampered with or accessed by unauthorized parties, providing an added layer of trust and security for BYDFi users.
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