Tron’s Justin Sun Promises More Epic Plans After BitTorrent Speed Release – Instagram And Snapchat Competition?
Everyone in the crypto space knows that Justin Sun, Tron’s founder and CEO is also the project’s most enthusiast supporter.
He recently promised the crypto space that he is planning to bring something immense on BitTorrent.
He tweeted that the release of BitTorrent Speed is the very first goal among many others that his team is gearing up for.
BitTorrent speed has been designed with the goal of empowering BitTorrent protocol and support innovations in the blockchain industry.
This connects and rewards users with BTT tokens, enabling them to receive the coins for sending files and allowing download speed on a peer-to-peer network to become more accessible and faster as well.
Today’s Gazette notes that it’s available on the UTorrent Classic Windows client “to enable the largest blockchain application in the world that provides support for speedy uploading and downloading of files.”
— Justin Sun (@justinsuntron) May 20, 2019
Potential reasons why BitTorrent may overtake Instagram, Snapchat
The online magazine mentioned above writes that the latest speculations claim that using BTLive will have people drop Instagram, Snapchat and similar platforms.
It’s true that one important goal that Tron has is decentralizing the web via the blockchain tech.
Users are supposed to be able to produce and transfer contents without having to rely on third parties such as YouTube, Instagram, Facebook and more.
The publication writes that using BitTorrent is more profitable compared to similar platforms. They say that even though these platforms are free to use, users will not be making money using them.
BitTorrent has tokenized incentives for seeding files, and this will allow users to earn tokens while downloading files.
Also, the download process will happen at a faster speed and the uploading of files as well.
Anyway, Sun’s announcement on Twitter triggered tons of excitement in the comments.
Someone said: “We need BTLive more than anything @justinsuntron. Can’t wait to put my hands on it. Also, we need to get the whole world using BTLive and abandon tik tok, Instagram, Snapchat etc. so they can make revenue with their content on BitTorrent Live.”
Stay tuned for more Tron-related news.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.