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You are here: Home / News / Justin Sun Talks About Project Atlas, BitTorrent and Future Prospects
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Justin Sun Talks About Project Atlas, BitTorrent and Future Prospects

November 2, 2018 by Akash Anand

In a recent interview, Justin Sun, the Founder and CEO of Tron foundation spoke about the future prospects of the Tron Foundation, he recently acquired BitTorrent and the upcoming Project Atlas.

Speaking to Coincentral, Justin was candid in stating that the cryptocurrency world is evolving as a whole, and he is excited to be a part of it. He stated:

“For me, perfecting current technology and our community is the foundation of a project. No matter how the price changes, we are not going to stop improving user experience and TRON ecosystem.”

Justin Sun also stated that Tron has reached this far without any significant mistakes or failures, unlike some other networks. He revealed that the Foundation was investing a lot in the Research and Development initiatives of the cryptocurrency spectrum with the main aim of propagating mainstream adoption.

The discussion with Justin also covered the company’s unorthodox approach of focusing on the marketing aspect of the company rather than a smart contract approach. In Sun’s words:

“To be valuable, a network needs great technology, use cases, and users. By partnering with established companies such as LINE, Binance etc. our company gets more use cases for its holders, co-develops new technologies, and reach more people.”

According to Justin Sun, the BitTorrent acquisition is a step to bring in more blockchain based incentives to the masses:

“Since its creation, the BitTorrent protocol had a system of incentives built into its core processes. BitTorrent users can choose to upload data to users that upload faster to them. Prior to the acquisition in July 2018, BitTorrent’s R&D team was already researching ways to add blockchain-based incentives to the BitTorrent protocol.”

Project Atlas was also hailed as a way to empower creators and to make sure that credit is given where it is due. The company has also assembled a dedicated work force which develops Project Atlas.

 

 

Filed Under: News, Tron News

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Copyright © 2023 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.