Tron Shares New BitTorrent Speed Innovation to Make Uploading and Downloading Files Faster
BitTorrent recently announced that it would soon release BitTorrent Speed and a new crypto token. This will lead to the creation of the largest application powered by the blockchain for the upload and download of files.
BitTorrent Speed is software which connects and incentivizes users with the BTT tokens. It is expected to launch in the summer on uTorrent Classic Windows client. The company recently announced this at the niTROn blockchain conference, which took place in San Francisco.
With BitTorrent Speed, the company will be able to strengthen how the BitTorrent protocol works. Besides that, it will enable the delivery of new features, which inspire innovation, according to the BitTorrent CEO. He added that over 200 million users would have a chance to join the uncensored internet, which has an emphasis on personal privacy and connecting the world.
The new feature will allow the BitTorrent client to receive tokens when users seed a file for a long time. With this incentive, download speeds could improve drastically. It will also ensure that files are available on demand.
Right now, BitTorrent speed is being tested extensively to ensure that it works seamlessly and in a reliable manner just the existing client. When users access BitTorrent Speed, it will blow them away, according to the head of development for the project.
The BTT will be offered to all non-US accounts that are on Binance Launchpad, which is the exclusive token sale platform for the Binance exchange. This will occur on January 28, 2019.
The new features that come with a token incentive will work with all previous versions of the software. It will not affect how users can download or seed files. By late 2019, BitTorrent Speed will be offered on all other BitTorrent clients.
This is a company that was created in 2004 as a P2P sharing tech. It is a consumer software company, which has its HQ in San Francisco. It has the largest decentralized protocol in the P2P world. It accounts for 22% of all upstream and 3% downstream traffic globally.
The flagship mobile and desktop products, uTorrent and BitTorrent, let users send huge files over the internet. This ensures that content is connected to private users with ease. There are over 100 million active users and the products are on over a billion devices in 138 nations globally.
Starting November 2018, holders of TRX, BTC, and BNB were able to buy yearlong subscriptions of these two products for Windows. The subscription includes Ads-free and Pro versions. Pro comes with an antivirus and malware screening. There is also playability in HD and the ability to convert files.
TRON is aiming at creating a version of the internet that has no boundaries, which helps inspire people to innovate in various areas. BitTorrent is a subsidiary of TRON and the two companies aim to give users apps and content that combine the blockchain with innovative P2P sharing tech and other technologies.