The best Peer-to-Peer File Sharing alternative to µTorrent is Transmission, which is both free and Open Source. If that doesn't suit you, our users have ranked more than 50 alternatives to µTorrent and six of them are Peer-to-Peer File Sharings so hopefully you can find a suitable replacement. Other interesting Peer-to-Peer File Sharing alternatives to µTorrent are qBittorrent Enhanced Edition, Shareaza, BitSwarm Client GUI and I2P Snark.
Transmission has the features you expect in a BitTorrent client: encryption, a web-based interface, peer exchange, UPnP and NAT-PMP port forwarding, web seed support, watch directories, tracker editing, global and per-torrent speed limits, and more.
Shareaza is the most luxurious and sophisticated file sharing system you'll find. It can harness the power of up to four separate peer-to-peer networks, including EDonkey2000, Gnutella, BitTorrent and Shareaza's native network, Gnutella2.
BitSwarm implements Bittorrent Protocol v2 from scratch to achieve best performance and to expose low-level parameters for customization. It uses a custom thread pool and part files (APF) for fast resume from previous incomplete session.
Using this application you can download any torrents and magnet links and start viewing media content in the built-in media player without waiting for the download completion.
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Transmission is an easy-to-use, open source torrent client. It's an excellent alternative to uTorrent because it is open source, which means you can have higher confidence in it not violating your privacy, e.g. through reporting what you're downloading. Transmission is as good an alternative as qBittorrent, but has a simpler interface.