In the coming months, BitTorrent Live also will incorporate blockchain technology that returns privacy and ownership to users while also enabling cryptocurrency to be used as a new payment option.”įor starters, and during the beta testing phase, the platform will be centralized, so the P2P technology will be implemented at a later stage. By using our decentralized technology, we aim to create a boundary-free internet but also be at the forefront of the new content experience. Now that the initial investment is over and BitTorrent filled their cash registers with fresh money, the development effort shifted to the content sharing platform, apparently, BitTorrent Live.ĬEO of BitTorrent and TRON, Justin Sun, has made the following statement regarding their new social media platform: “Imagine chatting with your favorite athlete, becoming immersed in a music festival, or meeting new friends to share your passions – all by simply firing up the BitTorrent Live app. The blockchain part was taken care of in February when BitTorrent launched a sale of their own cryptocurrency Token for file-sharing, and people responded by buying all $7 million in under 15 minutes. It can all be summed up in what BitTorrent calls “ Project Atlas”, their vision for the next step in content distribution and how peer-to-peer technology combines with blockchain networks. The beta program for BitTorrent Live has not opened yet, so you can only sign up for now and wait for the relevant notification.Įver since TRON acquired BitTorrent last summer, the company has been going through a period of expansion of operations, services, and scope. According to the short content on the corresponding webpage, this platform will enable people to broadcast their videos live, get in touch with others who share the same passion, connect with friends, enjoy unheard levels of privacy, and get paid for the content they share with others.