Tron’s Secret Plans For Project Atlas Revealed To TRX Community By Justin Sun
Earlier on in July 2018, in an open letter to the community on TVM Beta Launch, the TRON foundation announced the following about the secret project:
“The TRON network will serve as the underlying protocol of the Secret Project. Hundreds of millions of BitTorrent users across the globe will become a part of the TRON ecosystem. BT will be the largest application on the TRON network, which will allow TRON surpass Ethereum on daily transactions and become the most influential public blockchain in the world.”
This got people excited as BitTorrent seemed it would be TRON’s differentiating factor from other network currencies on the market.
The secret project Atlas has now finally been unveiled. During the TVM launch on 30th August, Justin Sun gave more details on the awaited project and announced the official launch of Project Atlas web portal from where all the information on the project can be extracted.
We had a general idea that the purchase of BitTorrent was a significant pillar of Tron’s new Project Atlas. Now it is clear that the project aims to link BitTorrent’s P2P (peer-to-peer) network and the Tron blockchain. On acquiring BitTorrent, TRON had a fall out of five employees. However, 16 new employees have joined the team.
Justin Sun commented on the matter during the TVM launch saying:
“After the BitTorrent acquisition, we have identified a strong work ethic that embodies the spirit of the technology and the innovation. Since the end of June, 16 outstanding colleagues have joined us. Half of them are former engineers at Facebook, Google, Tencent, Alibaba, Airbnb and other top internet companies. They will work on Project Atlas.”
It is important to note that there is no mining system involved in Project Atlas. Instead, the users will have to participate with each other in exchanging available tokens on the basis of resources provided to them.
Justin Sun commented on the above saying:
“The Tron blockchain is safeguarded by the dedicated proof of stake system alongside of the project atlas token economy.”
Project Atlas will reward users with tokens for file uploads encouraging them to continue seeding files even after they have been downloaded. More to that, the storage space will be incorporated into the Torrent ecosystem raising Torrent’s accessibility. The project will also be backward-compatible with all BitTorrent users according to Justin Sun.