Published
5 years ago on
July 24, 2018
“We are excited to announce that TRON has officially closed its acquisition of BitTorrent. BitTorrent has more than 100 million active users worldwide, and has one of the top-rated apps on Google Play and other products, including BitTorrent Play (iOS), uTorrent Web, and desktop clients for PC and Mac. 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.”.You can see the full blog for yourself, here. Furthermore, according to the TRON Foundation:
“From this day on, BitTorrent, whose software has been installed on billions of user devices, will become part of the TRON ecosystem, making TRON the largest decentralized Internet ecosystem in the world. Each and every BitTorrent user and supporter is part of the TRON family. Anyone who has ever used the BitTorrent protocol, built their business on the protocol, or otherwise benefited from the protocol will become part of the TRON family. All BitTorrent team members will also become part of the TRON family. Through this acquisition, BitTorrent and TRON will combine forces, with the TRON US team merging with the BitTorrent team.”See the full post for yourself, here.What does this really mean for the TRON ecosystem? From the outset, it seems as it people involved with BitTorrent are now being forced into some sort of involvement within a blockchain company. It’s a strange business model but I guess Sun has very specific motivations for this. At the very least, this is just allowing the TRON ecosystem to grow, as it grows and as more people join the network, the more decentralised the network becomes.Let’s not forget that the end goal for TRON is ultimate decentralisation.So, what happens next?Honestly, not a lot. BitTorrent are promising that normal service will resume for their customers and moreover, TRON aren’t going to impose any changes to the BitTorrent network. Overall, within the the general idea is that BitTorrent exists as another piece in the puzzle and that for TRON, this is the first building block within a network that has been designed to grow organically.For now, let’s not forget that TRON have an exciting announcement to make on the 30th of July (next Monday). We guess that BitTorrent might also play some part in this. Investment Disclaimer
