Earlier in this year, BitTorrent was acquired by TRON,along with its hundredmillion active monthly users. BitTorrent isa longtimeestablished peer-to-peer network with a developed and tested infrastructure,howeversolelytimewouldtellhowwell this collaboration works.
It’sanintriguing move, but whatwillit mean? Peer-to-peer file sharing hasperpetually beena preferredmeansof exchangingdataand mediaon-line, with aroundtwenty sevenmillionusers usingit to share ortransferfileseach day.
It’s clearlya vitalareaand dates back tothe startingdays ofthe web. File sharing advocatesarefasttosignalizeto itsworthin promoting democracy, openness,and therefore thefree exchange ofideas. Its detractors, of course,wouldpurposeto the misuse of file sharing and torrenting platforms by pirates and criminals.
Still,severalprojectswithin this space are committedin creatingthe weba fairer anda lot morelocalized place,whereveruserscould interact directly witheach otherrather thanjust relying onthe centralized third parties.During thissense,it’sone thingin common within the pace of blockchain.
The aim isto boostthe existingmeansof the working of BitTorrent by introducing blockchain technology and tokens. BitTorrent already has reward systemsin situto encourage users to share filesfor extendedand beaccountable members of the community,howeverTRON hopes to use tokens toaddthis.
The systemwoulduse tokens to reward userswhoseed filesfor extendedand usequickernodes,alsoasthose thatsharea lot ofof theirinformation bandwidthandcupboard space. This way, they hopeto extendtransfer speeds andbuildthe file sharingexpertisepower toolwhich isa lot morepleasant.
It’sconjointlybackward compatible,which impliesthe firstBitTorrentcomputer codesthat wouldstill continue toworkwith this new changes beingcreated. The team haspromisedto keep theBitTorrentmerchandisefree,thatought to be a relief for the software’s user base.
This new TRON projectmightfacilitatemoreexpertised usage of torrenting while improving its user experience. Onthe oppositehand, torrenting has found itarduousto shake off its shadyname, and turning this aroundmight bea big challenge to see in the coming days.