TRON reveals Project Atlas details aimed at speeding up BitTorrent protocol
Project Atlas, an initiative to connect BitTorrent to the TRON blockchain, has become the talk of TRON community for a few days. TRON announced more details of the project in an official statement issued on Thursday. The company has finally revealed details about the mysterious Project Atlas two months after the plans went public.
Teaming up with BitTorrent, TRON plans to create a content distribution platform that utilizes cryptocurrency. "Project Atlas is the foundation for a new way of content distribution. To start, the product will feature faster downloads, more seeds, no mining, and backward compatibility. It is adapted to the world we live in today: mobile, connected, and transparent. We aim to eventually empower all content creators and their communities by eliminating the middleman and enabling content creators to distribute directly to users," said TRON CEO Justin Sun.
BitTorrent, a dominant source of upstream traffic in the world, was planning to connect its protocol to blockchain even before the TRON acquisition. Justin Knoll, project lead for Project Atlas, said that they can now accelerate this effort with TRON's expertise in blockchain.
Knoll explained the key features of the project in a YouTube video. TRON's blockchain will create a system where customers can bid to accelerate downloads. "You will be able to choose to ‘ get things more quickly than you otherwise would," added Knoll.
The second feature has to do with seeds. Knoll said that currently, BitTorrent didn't have any incentives that allow users to seed files for long periods of time. However, by adding TRX tokens, users can earn incentives if they seed data for long. This can also help users dedicate more bandwidth and storage to the data that is being downloaded.
Mining is not required for earning TRX tokens. Unlike Bitcoin, TRON works on the proof-of-stake system that doesn't require mining of cryptocurrencies. "We have no plans to mine on users computers," added Knoll.
As always, BitTorrent plans to offer its products for free. It is planning to execute the protocol across its desktop and mobile products and will also release more details to the developer community in the days to come.
Image via Shutterstock
Join our telegram group