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Page should be renamed and moved, uTP stands for "micro Torrent Protocol" (in analogy to μTorrent being written as uTorrent). Source: [1], under "What is in 1.9:" --Snaaio (talk) 03:08, 6 February 2009 (UTC)[reply]
Semi-support. It actually stands for "micro Transport Protocol. uTP is a general-use transport protocol lying on top of UDP, and indeed, it's explained in the thread you linked to. Arbitrarynick (talk) 00:39, 9 March 2009 (UTC)[reply]
Inacurracies
A lot of incorrect information in this page.
µTP is designed to reduce congestion, not to increase speed.
µTP is not "used by BitTorrent implementations", it is used by one BitTorrent implementation (granted, the most popular one).
µTP is not hidden, it is used by default by µT 2.0 and 2.1.