Tron has been firing on all cylinders with regards to its PR efforts this year; in fact, right from its birth. The fledgling cryptocurrency network has been casting its net far and wide for partnerships, and opportunities to expand its influence since gaining independence from Ethereum over a year ago.
The biggest news in the history surrounding the company was the acquisition of BitTorrent, and the buzz in the crypto community around the acquisition was nothing short than electric. The acquisition is a perfect symbiosis between two decentralized platforms and promises a new frontier for the entire cryptocurrency world.
However, the acquisition of BitTorrent came with a host of problems. One of them was the inevitable time it would take to fully absorb the BitTorrent foundation into Tron and to find the best way to leverage the assets that came with it.
Every announcement that came from Justin Sun was jeered simply because not much had been announced with regards to BitTorrent. The people who had cheered Justin Sun’s ambitious entrance into the cryptocurrency turned on him with every delay that happened. Calmer heads mentioned that any acquisition of that size was something completely new in the cryptocurrency space and that patience would yield great rewards.
However, patience is in short supply among cryptocurrency enthusiasts due to the breakneck pace at which blockchain and cryptocurrency adapt, evolve and develop. New milestones are a frequent staple of the space and if nothing is happening, then it is quickly forgotten.
BitTorrent Speed announced recently and AMA follows
However, those who waited have had their patience amply rewarded. The first thing to come out of the Tron and BitTorrent kitchen is BitTorrent speed – a decentralized filesystem. It is based on IPFS (Inter-Planetary File System) that is an open-source online filesystem that can be used to make a decentralized web-based hard drive.
BitTorrent will provide a massive user base and experience of distributed computing and file sharing. Tron will provide a backend for payments – and a robust virtual machine that will allow apps to be developed for BitTorrent Speed.
The possibilities are endless and many in the community have been wondering how deep the relationship between Tron and BitTorrent Speed will really be. Have they been sounding out any media partnerships? There are a whole host of burning questions that are on the minds of people who had stuck with Tron and Justin Sun from the beginning and they will all get their answers very soon.
The public loving CEO and his VP of product development will be answering public questions on Monday, 8th July, and it is expected to be a record-breaker with regards to AMAs in the cryptocurrency sphere.
Many questions will surely be around the lunch with Warren Buffet and if that will lead to any new partnerships for Tron and BitTorrent, or if it is just another public relations exercise that will take time away from the more important (too many) businesses of getting Tron to leverage the BitTorrent userbase.
More information regarding the AMA, including exact times, can be found below in the tweet below:
To celebrate the launch of #BitTorrentSpeed with the $BTT wallet, our CEO @justinsuntron will be hosting a live AMA with our VP of Product, Justin Knoll to answer any questions from the community. Join us on July 8, 2019 6PM PDT! $BTT #BTT https://t.co/H4u1TEBwem pic.twitter.com/TExsvqzb5L
— BitTorrent Inc. (@BitTorrent) July 4, 2019
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