BitTorrent is a peer-to-peer file sharing protocol invented by Bram Cohen in 2001 that allows users to distribute large files over the Internet. It works by breaking files into pieces that can be downloaded from multiple peers simultaneously, maximizing download speeds. Peers in a BitTorrent network share pieces of files they already have with other peers downloading the same files. This decentralized distribution method avoids overloading any single computer or server with distribution and scales well as more peers join the network.