TRON Launches its New Project, Project Atlas

in #cryptocurrency6 years ago

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TRON aims to bring blockchain and file sharing with their latest effort, Project Atlas, which will integrate blockchain technology with the large peer-to-peer infrastructure BitTorrent.

TRON acquired BitTorrent in July 2018, along with 100 million of its monthly active users. BitTorrent is an established peer-to-peer network with developed and tested infrastructure, but only time will show how well collaboration will work.

This is an interesting movement but what does it mean? Peer-to-peer file sharing has always been a popular way of exchanging information and online media, with around 27 million people using it to share or download files every day.

This is obviously an important space and dates back to the early days of the internet. Supporters share files quickly to pay attention to values ​​in promoting democracy, openness, and free exchange of ideas. His critics, of course, will point to the abuse of file sharing and torrent platforms by pirates and criminals.

However, many projects in space are committed to making the internet fairer and more decentralized, where users can interact directly with one another rather than relying on centralized third parties. In this sense, he has similarities with the blockchain world.

Project Atlas is an attempt to combine two spaces, with the aim of improving how file sharing works.

The aim is to improve the way BitTorrent works by introducing blockchain technology and tokens. BitTorrent already has a reward system to encourage users to share files longer and become responsible members of the community, but TRON hopes to use tokens further.

The system will use tokens to reward users who store files longer and use faster nodes, as well as those who share more bandwidth and storage space. In this way, they hope to increase download speeds and make the file sharing experience smoother and more enjoyable.

It's also backward compatible, which means that the original BitTorrent software will continue to function when new changes are being made. The team has promised to keep BitTorrent products free, which should be a relief for the software user base.

This project can help encourage the use of torrents that are more responsible and improve user experience. On the other hand, torrents are very difficult to release their shady reputation, and turn them into challenges.