Tron has recently announced the official acquisition of BitTorrent that Justin Sun believes combined with Tron being 80 times faster than Ethereum makes it the largest and most advanced decentralized ecosystem in the world. With TVM launch just about here and TRX resuming trading on 36 exchanges, Tron is looking for a bright future ahead.
Largest and most advanced peer-to-peer network in the world
Recently, Justin Sun, the CEO of world’s 11th largest cryptocurrency announced that BitTorrent has officially become a part of the Tron. Justin has big plans for BitTorrent and Tron as he states in his latest tweet. Justin also mentioned that Tron is 80 times faster than Ethereum and now Tron joining forces with BitTorrent means a powerful combination.
“With 14 years of experience, @BitTorrent is providing a world-class service to 100 million users in 138 countries. Add the two together and you get the largest and most advanced peer-to-peer network in the world!”
TRON is 80 times faster than Ethereum. With 14 years of experience, @BitTorrent is providing a world-class service to 100 million users in 138 countries. Add the two together and you get the largest and most advanced peer-to-peer network in the world! #TRONBT $TRX pic.twitter.com/EsQd34Vq4u
— Justin Sun (@justinsuntron) July 27, 2018
Previously, it has mentioned that the collaboration between the two will be contributing towards a “better and brighter” internet. The plan is to “share in a great revolution — to make the internet more democratic, free and decentralized, which we know is at the very heart of TRON’s values.”
Tron team plans to leverage the extensive infrastructure of the BitTorrent and its team of experienced professionals in decentralized protocol technology.
Also, recently, BitTorrent announced its candidacy for Tron’s SR stating,
“We are proud to become a candidate for the TRON Super Representative”. Tron is excited about the new SR candidate as well as it wrote that BitTorrent “is perhaps the most qualified Super Representative candidate.”
BitTorrent, TVM, & resuming trading on exchanges
BitTorrent partnership is a big step for the development of Tron cryptocurrency as evident from the official blog, “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.”
“With the integration of BitTorrent, TRON aims to liberate the Internet from the stranglehold of large corporations, give data rights back to the individual, and reignite the early 21st century vision of a free, transparent, decentralized network to connect the world, because the internet belongs to the people.”
Apart from this substantial acquisition, the Tron Virtual Machine (TVM) is just days away from its release on July 30. The purpose of this machine is to make the Tron ecosystem better and bigger.
Compatible with Ethereum’s (EVM) environment as well, this will allow the smart contracts in Ethereum to be easily ported to Tron.
Also, 36 exchanges have already resumed the deposit and withdrawal of TRX. At the time of writing, it has been trading at $0.036 with a market cap of $2.4 billion.
Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.