BitTorrent Inc. is a Tron subsidiary (recently bought) and it’s the company behind the world’s largest decentralized P2P communication protocols and products which you surely already know: BitTorrent and µTorrent.
In a highly anticipated move, since it became part of the Tron world, the company announced that its popular Ads Free and Pro products can now be bought using three digital assets, namely, Tron (TRX), BNB, and Bitcoin.
CoinPayments.net, one of the world’s leading payment processors for cryptocurrencies will provide the service for the company and its clients. Thus are decentralized currencies, and one of the most widely used decentralized applications in the world, joining forces at last.
“BitTorrent joins a growing list of online companies whose products and services accept TRX as payment,” said Justin Sun, Founder of TRON and CEO of BitTorrent. “With BitTorrent’s over 100 million users, the move helps increase the use of TRX in online marketplaces while giving consumers more options to unlock value from BitTorrent’s premium products.”
So now your alternative coins enable you to pay for one-year subscriptions of BitTorrent and uTorrent products which include Ads Free and Pro for Windows. Pro has anti-virus and anti-malware capabilities, it can convert multimedia files between formats and offers HD playability.
BitTorrent started in San Francisco as a peer-to-peer file sharing network in 2004, at the time in which eMule and eDonkey, as well as a multitude of other P2P networks, were competing for users.
Only BitTorrent remains relevant these days. BitTorrent enables users to share large files through the internet through a set of distributed technologies that allow for efficient scaling. This enables legitimate third-party content providers to offer data to their users.
Linux distributors, for instance, have been shutting down their download servers for CD and DVD images and, instead, offer them through BitTorrent. It saves everybody a lot of time, and a lot of money to the company.
BitTorrent’s applications are installed in millions of computers in 138 countries around the planet. It has at least a hundred million users in every possible operating system.
Tron is a blockchain 3.0 project with a mission. To accelerate the Internet’s decentralization process using blockchain technology and decentralized applications.
It’s one of the world’s leading public blockchains and, after recently acquiring BitTorrent, it’s the largest decentralized digital network ever to exist in the globe.
After Justin Sun Founded it, on September 2017, Tron has delivered on an interrupted stream of successful milestones which include the launching of an autonomous main net last May, network and token independence on the next month, the Tron Virtual Machine on August, and the Tron Developer’s kit last month.
When Justin Sun announced that Tron had bought BitTorrent, it created a lot of buzz and expectation, so the whole cryptosphere has been waiting to see what kind of developments could result of this “marriage”.
This is the first one, but as Tron incorporates the torrent network to the main net it’s expected that BitTorrent’s performance will increase and that users will be rewarded with TRX tokens for seeding their content. This could improve the network’s quality as more people seed more files for longer periods of time.
Image courtesy of Pixabay.