New Project Atlas Details Arise Regarding TRON’s BitTorrent Integration

New Details Arise Regarding TRON’s Integration with BitTorrent, Months After Original Announcement

A few months ago, plans for TRON to integrate with BitTorrent were announced in a collaboration that promised new opportunities. Despite promises for better services and features, a report in August demonstrated that not everyone is behind the partnership. In fact, by the end of August, at least three employees left voluntarily, out of fear of what TRON CEO Justin Sun’s leadership would bring. Another two were let go by the company.

Even with these setbacks, a press release on Thursday showed that the public has much to look forward to, based on the new details being issued. Right now, the goal seems to be the use of TRX tokens to develop a content-sharing platform that utilizes cryptocurrency. The project has been called “Project Atlas,” which the companies plan to implement with “backward-compatible protocol extensions.”

Sun explained the updates, saying,

“To start, the product will feature faster downloads, more seeds, no mining, and backward compatibility. We aim to eventually empower all content creators and their communities by eliminating the middleman and enabling content creators to distribute directly to users.”

Based on the new arrangement, the users on the database have the ability to use tokens as incentives. These tokens would let users increase their download speeds and have access to other premium features through BitTorrent. To earn additional rewards, users can also seed torrent files as downloads complete. There is a presentation scheduled to expand more on the features of Project Atlas on September 28th.

BitTorrent used to be a live-streaming service, but it has not functioned as this type of company since 2017. The original developer, Bram Cohen, has left the company since then, opted to work as the CEO of Chia instead.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide