Created in 2001, BitTorrent protocol is a communication and file sharing protocol based on a peer-to-peer network.
It is the first completely decentralized internet protocol that has succeeded in obtaining a global application on a large scale, and 7 years after the creation of Bitcoin, is probably the same that inspired Satoshi Nakamoto.
As was well known, TRON's founder, Justin Sun, was in a long time ago conversations to buy BitTorrent. A few days ago in the profile, the half-official of the Tron Foundation, Sun gave the last announcement:
"I am proud to officially announce that TRON has purchased BitTorrent and all BitTorrent products. As of today, BitTorrent, whose software has been installed in billions of user devices, will become part of the Tron ecosystem, converting Tron into the world's largest decentralized internet ecosystem. "
BitTorrent aims to make TRON more decentralize
Even today, BitTorrent is the most widespread decentralized protocol in the world, and according to what Sun said, it generates 40% of the daily internet traffic.
The acquisition of BitTorrent aims to make TRON more and more decentralized.
In addition, each BitTorrent user and follower belongs, to the TRON community, and there are 100 million active users in BitTorrent.
Even the BitTorrent team members will become an integral part of the TRON team.
In short, the US TRON team will merge directly with the BitTorrent team.
Also according to Sun: "The combination of the solid capabilities of the two teams will bring the technology behind the TRON ecosystem to a whole new level ".
Do you want to invest in cryptocurrencies?
We offer you the weekly portfolio CryptoFIB30, in a PDF format. A portfolio of cryptocurrencies with high earning prospects, suggested by our staff (the dates and purchase prices for the reported crypotos in addition to operative signals - when to sell or keep - are indicated).
Bitcoin Future: for those who prefer, instead, to follow the derivative, Bitcoin Future is analyzed, quoted on the CME, with the indication of important levels and operative targets of purchase/sale with a weekly perspective.
Pay
Risk warnings
The views and opinions expressed are the views of Crypto Currency 10 and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
Changes in rates of exchange may have an adverse effect on the value, price or income of an investment.
Past performance is no guarantee of future results and the value of such investments and their strategies may fall as well as rise.