Justin Sun Shares Project Atlas Secret, Tron (TRX) Custom BitTorrent Token Creation
Justin Sun, Tron’s Founder, has recently released some big news – the platform is developing a customer token to power the BitTorrent platform and to provide users with incentive to participate in the network.
Sun stated, those who share files on BitTorrent will be able to earn tokens based on the amount of bandwidth they provide. In his words:
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 will address existing limitations and open a new economy for the exchange of value for resolution on a global scale.
With project Atlas, users will earn tokens for uploading, incentivizing them to continue seeding the file longer after download is complete. Storage and bandwidth into the torrent ecosystem, causing a rising tide of high availability and longer torrent lifetimes.
BitTorrent peers will offer tokens to incentivize other users to run clients on faster networks and to seed torrents for longer periods, leading to better swarm longevity and faster download speeds for all swarm participants . . .
Users who participate will exchange tokens with each other on a basis of the resources provided – not mining
Tron is responsible for bringing the legendary decentralized file-sharing platform back in June for over $100 million. It announced in the platform’s latest live stream its upcoming release of the Tron Virtual Machine. Concerning the release of Tron VM, the platform stated:
The launch of Tron VM means that Tron will start to translate from the basic infrastructure building to a new stage of the ecosystem expansion. In the past months, we have provided a sandbox for the global community to test TVM and find bugs. According to the feedback we have received on the tests, we have done some adjusting accordingly.
Tron’s VM is part of the Tron mainnet, dubbed “Odyssey 3.0.” The code will be available in nodes, and crypto exchanges and wallets can be used to implement upgrades.