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BitTorrent Now Officially Part of Tron

Vladimir C. by Vladimir C.
July 24, 2018
in Finance & Blockchain, Latest News

BitTorrent has officially announced on its Twitter channel and its official blog that it is now part of the TRON ecosystem. The two companies are to join forces to build the future of the decentralized Internet.

The company’s team stated that it is excited to announce that TRON has officially closed the acquisition. The blog announcement also specifies that, at the current time, BitTorrent has more than 100 million active users worldwide and that their Google Play application is one of the best rated within the respective store.

BitTorrent is set to continue its work from Tron’s new San Francisco office, the center of operations for the company’s global market expansion, as stated on the blog announcement: “BitTorrent will continue operating from TRON’s new San Francisco location, which is now the center of operations for the company’s global market expansion. The division will provide robust support for TRON’s global business development and partnerships while pursuing its vision for the world’s largest decentralized ecosystem.”

BitTorrent looking forward to future enhancements

In light of these latest happenings, BitTorrent further emphasized the point that they will continue to provide high-quality services for over 100 million users around the world. The company ended their official announcement by stating that “We believe that joining the TRON network will further enhance BitTorrent and accelerate our mission of creating an Internet of options, not rules.”

BitTorrent is one of the greats of distributed computing and file-sharing, as the platform boasts one of the most efficient techniques of increasing the download speeds. This is done by sharing files in chunks which can be simultaneously accessed. The best thing about BitTorrent is that the content can be made available on the network by other computers in case one other computer is offline.

Tags: BitTorrentBlockchainCryptocurrencyDecentralizationP2PpartnershipTRON
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Vladimir C.

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Invest at your own risk notice : The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

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