BitTorrent To Integrate Tron Blockchain To Incentivize Users

Blockchain, News | October 1, 2018 By:

Blockchain startup Tron is planning to integrate its blockchain technology with peer-to-peer file sharing service BitTorrent to create a content sharing ecosystem.

Tron, which acquired BitTorrent in July, unveiled details about Project Atlas, an initiative that paves the future of content distribution. The project would connect BitTorrent and Tron to make the BitTorrent protocol faster and better for hundreds of millions of users.

“Project Atlas will connect the BitTorrent peer-to-peer network and the Tron blockchain network via a set of bittorrent protocol extensions, a custom token, and an in-client token economy to address existing limitations and open a new borderless economy for exchanging value for computer resources on a global scale,” Tron said.

In the initial phase of Project Atlas, BitTorrent users will be able to create incentives with tokens as a means of obtaining premiums such as faster download speeds. BitTorrent seeders will earn Tron’s TRX tokens by dedicating more of their bandwidth and storage to ensure that swarms are faster and live longer. Users who participate will exchange tokens with each other on the basis of resources provided, not mining.

“Project Atlas is the foundation for a new way of content distribution,” said Justin Sun, CEO of Tron. “To start, the product will feature faster downloads, more seeds, no mining, and backward compatibility. It is adapted to the world we live in today: mobile, connected, and transparent. We aim to eventually empower all content creators and their communities by eliminating the middleman and enabling content creators to distribute directly to users.”

Tron is planning to implement the features across its desktop and mobile products and will be releasing details about the implementation to the developer community in the coming months. It added that BitTorrent will still remain free to use.