BitTorrent’s decentralized file sharing protocol BitTorrent File System (BTFS) has launched its mainnet. The project seeks to become what developers describe as “the world’s largest and first scalable decentralized storage system.” According to a blog post published on Oct. 1, BTFS boasts various new features and 3,000 new nodes have been rolled out. The post added: “As October approaches, with BTFS integrated into the world’s largest P2P network, BitTorrent, BTFS has completed its official launch of the mainnet, representing a new starting point for BTFS and a big step towards the integration of BitTorrent ecosystem.” BTFS promises to benefit 100 …

Major file sharing company BitTorrent, a subsidiary of blockchain company Tron, is going to internally test its blockchain-based live streaming platform in Q3 2019. Platform overview BitTorrent announced the news in an official blog post on Aug. 27. According to the announcement, the streaming platform — called BitTorrent Live (BLive) — supports live video content and an instant messaging service. Additionally, its underlying system reportedly contains a top user chart and a user relationship feature. BitTorrent intends to roll out BLive in alpha, beta and full versions from Q3 2019 to Q1 2020. The current alpha version features a small …

BitTorrent creator Bram Cohen has added to controversy swirling around Tron CEO Justin Sun by claiming he did not fully pay him for the streaming platform. Bram Cohen says last payment for BitTorrent still in escrow In a series of tweets July 25, Cohen said that the proceeds from the sale of BitTorrent, which Sun purchased last year, had not arrived in full. Tron took over BitTorrent for an undisclosed amount in cryptocurrency, with Cohen now complaining the final installment had been stuck in escrow for two months. “Anybody know if Justin Sun is hard up for cash? He isn't …

Peer-to-peer torrent client BitTorrent has launched its downloads optimization software, BitTorrent Speed, with native token functionality. The news was revealed in an official press release published on July 8. As reported, Bittorrent launched a native Tron blockchain-based token, BitTorrent (BTT), at the start of this year, having revealed plans to evolve a tokenized content platform that would enable users to optimize their network speed and attain faster downloads. As per the press release, the Bittorrent Speed software will now be integrated into all new downloads of the company’s µTorrent Classic Windows client. The BitTorrent Speed website reveals that users will …

Blockchain platform Tron, which is behind the decentralized, web focused cryptocurrency tron TRX, announced plans to develop a BitTorrent-based version of decentralized file system InterPlanetary File System (IPFS). The development was shared in a press release with Cointelegraph on May 30. Per the release, the BitTorrent File System (BTFS) is a variant of the aforementioned open source IPFS software and will “allow users to receive and host storage on their computers with other individuals and businesses.” Internal testing of the BTFS protocol reportedly already started in late May. Justin Sun, founder of Tron and — since the acquisition in June …

Tron (TRX)-owned peer-to-peer (p2p) software company BitTorrent announced that it will release the public beta version of its decentralized social media app BitTorrent Live in Q2 2019 in a press release on March 27. Per the release, the company started offering early access to the BitTorrent Live streaming service today. The app, a video-based social media platform seemingly similar to Snapchat and TikTok, allows its users to create live content and connect with other people through mobile devices. The service will also reportedly let its users livestream from anywhere they have access to the internet while viewers will be able …

United States-based cryptocurrency exchange Kraken is expanding its team with new high level hires, according to the company’s blog post published on March 7. In the post, Kraken announced five new appointments to its team. The new appointments will see Matt Mason as Chief Marketing Officer, Steve Hunt as Vice-President of Engineering, Nelson Minier as Head of OTC Sales and Trading, Bob Zagotta as Head of Business Operations and Strategy, and Mary Beth Buchanan as General Counsel. Prior to joining Kraken, Mason was employed by Sony Pictures as Studio Head at a secretive innovation lab focused on game mechanics. Mason …

Top Stories This Week Facebook Reportedly Acquires Blockchain Startup in First Blockchain-Related Acquisition Social media network Facebook has reportedly acquired blockchain startup Chainspace in its first apparent blockchain-related acquisition. According to news outlet Cheddar, the acquisition is considered an “acquihire,” or an acquisition of a company made in order to get the skills or expertise of its staff, as opposed to the company’s service or products. According to Cheddar, four of the five researchers that worked on Chainspace’s academic white paper will be joining Facebook. Facebook had told Cheddar that it had not acquired any of Chainspace’s technology. Leaked Mt. …

Peer-to-peer (p2p) torrent client BitTorrent has announced that its native token, BitTorrent Token (BTT), based on the Tron protocol, is now supported by CoinPayments’ crypto payments gateway. The news was shared with Cointelegraph in a press release Feb. 7. As reported, BitTorrent launched its BTT token this January — its first full-fledged move to begin to tokenize its content sharing ecosystem, roughly six months after the company was acquired by decentralized internet startup Tron. According to today’s press release, BitTorrent has already been collaborating with CoinPayments on supporting Tron (TRX), Bitcoin (BTC) and Binance Coin (BNB) payments for premium services. …

BitTorrent token’s (BTT) price has gone up over 600 percent since its initial coin offering (ICO) which sold out in minutes, according to the data from CoinMarketCap on Feb. 4. Peer-to-peer torrent client BitTorrent, which allows users to distribute files over the Internet launched its Tron-based native token BTT in the beginning of January. BTT is purportedly part of a broader ambition to build a decentralized content distribution platform using the digital currency. On Jan. 28, the BTT sale on the Binance Launchpad platform made headlines, netting $7.1 million dollars with the sale of 50 billion tokens in under 15 …

The BitTorrent token (BTT) sale on the Binance Launchpad platform concluded today Jan. 28, netting $7.1 million dollars with the sale of 50 billion tokens in under 15 minutes. Binance announced the conclusion of the sale in an official blog post. BitTorrent is a protocol for peer-to-peer file sharing, allowing users to distribute files such as music or videos over the internet. BTT is based on a Tron TRC-10 token, and will be used on the platform to “transact in computing resources shared between BitTorrent clients and any other participating service requesters and service providers.” The BitTorrent tokens were sold …

BitTorrent’s system dubbed BitTorrent Speed, which will integrate the Tron-based BTT token into the popular µTorrent Windows client, will launch by summer. The company has confirmed this in a press release shared with Cointelegraph on Jan. 19. BitTorrent Speed will issue cryptocurrency token rewards to users that serve content to others via the µTorrent network. The client’s users — which number more than 100 million, according to BitTorrent — will also be able to pay for faster downloads with the same tokens. The company also announced that to all accounts that are not based in the United States, the token …