The prices for the software produced by these giants were pretty high, so it’s no wonder that the internet was flooded with pirated software, as well as with movies, music, books and all other types of digital content.
At that time, the World Wide Web was monopolized by two huge corporations, Apple and Microsoft. The project emerged back in 2001 when the adoption of internet technologies spiked after the dot-com bubble.
It can handle up to 10,000 transactions per second and doesn’t impose any transaction fees which gives it much better chances to get adopted at the mass scale. Based on the Delegated-Proof-of-Stake (DPoS) consensus algorithm, TRON has managed to overcome the scalability issue inherent to all Bitcoin and Ethereum’s derivatives. Its community counts 250 million people worldwide with 100 million of them making up specifically BitTorrent’s audience alone while the rest belongs to other projects based on this protocol.Īnother benefit of the project is the TRON blockchain support. Invented by a young programmer Bram Cohen in 2001 and established as a company 3 years later, BitTorrent is the most popular file-sharing protocol nowadays. One of the greatest BitTorrent’s advantages compared to the majority of other blockchain-based projects is the ready userbase. In its new version, BitTorrent implements tokenization with the help of its native token BTT that helps content creators connect with their followers and earn money without sharing their income with any middlemen. Initially created as a peer-to-peer communication protocol for distributing files and other types of electronic data over the web, BitTorrent was purchased by TRON in June 2018 and now has switched to the blockchain track.
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