TRON reveals more on Project Atlas, how it plans to handle BitTorrent’s 100 million & more
Earlier this year, TRON revealed that they’ll be launching Project Atlas soon after acquiring BitTorrent. The project is just a new initiative aiming to decentralize the internet’s content by using blockchain technology. In a recent interview TRON shared more details about the Project and their future plans related to it.
In the interview with The Next Web, TRON shared that it acquired BitTorrent for $126 million and not any another peer-to-peer technology provider because both have the same vision. Both believe that all kinds of content Netflix, Disney, YouTube or others shouldn’t be controlled by profit making companies.
With this new acquisition, TRON aims to combine “an already successful peer-to-peer network with new blockchain technology to give content creators the freedom to distribute that content directly to users – eliminating middlemen who control what’s seen and how much they make from their content.”
During the interview, TRON was asked how it is planning to migrate 100 million users of BitTorrent to its network considering the scalability issues associated with the blockchain. TRON stated, “There’s really no limitations on the number of users or people in a blockchain community. If you’re asking about transaction processing speed that’s crucial to efficiency in the marketplace, tests have shown our TPS is far superior to most networks.”
Moreover, TRON believes that their team advances every day and they are confident that the network have the capacity to handle the current as well as the future audience. Hinting their future plans, TRON revealed, “BitTorrent users will be incentivized to seed more content into the network, create an economy of goods and services within the network and, if they choose to, withdraw money out of the network.”
In other news, TRON Foundation recently announced that it is joining the leader in mobile portfolio tracker for crypto, Blockfolio Signal beta. It will help the community members to get updates about their favourite coin.
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