It is indeed great news for BitTorrent, the peer-to-peer network recently acquired by Tron, as Founder and CEO of Tron Justin Sun have pledged that there would be interesting rewards shortly. According to him, there is also plan to given monetary incentives for content creators.
For a platform that started out as an ambitious project aimed at building a platform for its users to enjoy democratization and decentralization content storage and creation, it is indeed safe to say Tron has come to stay. When they set out for full operation barely a year ago, this fast growth wouldn’t have been envisaged. The startup price was USD 0.0019, but as of today, Tron exchange hands at the rate of USD 0.020. In this same period, Tron has gained the trust of several individuals and peer-to-peer bodies. They also got recently listed on Bitbox, a virtual currency exchange by Line, in one of the groundbreaking achievements. They also have acquired BitTorrent Inc., the company behind the µTorrent and BitTorrent Mainline torrent clients.
In a recent interview with Yoav Vilner as published on the Forbes platform, Justin revealed that getting content online was one of their top priorities, and now that it is in the bag already, they now look towards providing incentives, and most importantly, “decentralizing the web.”
“During our early stages, getting content online was one of our top priorities. Now that TRON is well established as a major public chain, we are looking beyond just incentivizing content and more toward building a healthy ecosystem. TRON is already a top blockchain operating system for decentralized apps, and our mission is to provide an affordable, efficient, and convenient infrastructure for development. Essentially, we are working to achieve our dream of ‘decentralizing the web,’” he stated.
Tron is a content-sharing platform which uses blockchain and peer-to-peer (P2P) technology. When questioned on how the company intends to manage and maintain its network, Justin had this to say:
“Our role as the largest decentralized protocol is to provide the best possible service to our users. Our mission is to provide a fast, safe, and reliable product that is usable both on desktop and mobile. Currently, we are actively working on Project Atlas, a major step toward a fairer Internet. The project is in collaboration with BitTorrent and will extend the lifespan of their torrents’ swarms, offer rewards to peers who seed torrents, infuse resources into the torrent ecosystem, and establish financial rewards in return. The project will transform the way people share and consume content, helping to re-shape the industry for the better.”