The founder of a smaller cryptocurrency called Tron is acquiring BitTorrent for $120 million and social media is alight over the real reason “why.”
BitTorrent said it has “no plans to enable mining of cryptocurrency now or in the future” in a statement on Tuesday.
Tron saw double-digit gains Tuesday after announcing it acquired BitTorrent for $140 million.
Blockchain entrepreneur and creator of the Tron platform has purchased the peer-to-peer (P2P) file-sharing network BitTorrent Inc. Sun’s Acquisition of BitTorrent According to Variety, the deal was finalized last week when staff were notified of the new partnership, though company representatives nor Sun responded to requests for comment. Sun’s acquisition has been in the works… […]
It would appear TRON founder Justin Sun has gotten his wish. A while ago, it became apparent Sun wanted to purchase the BitTorrent company. That deal has now been finalized, which paints an interesting future for the decentralized internet that Sun is trying to achieve. The BitTorrent Sale Is a Done Deal In a way, […]
The founder of the TRON cryptocurrency, Justin Sun, has acquired the peer-to-peer file sharing platform BitTorrent for an unknown amount of money. TRON aims to build a decentralized entertainment ecosystem where content creators can freely publish, store, and sell their content while directly interacting with consumers via issuing and trading digital assets. The peer-to-peer file […]
File sharing service BitTorrent has been reportedly acquired by the developer of the TRON platform, Justin Sun
BitTorrent Inc., now Rainberry, reportedly being acquired by TRON founder Justin Sun
Bram Cohen — the inventor of file sharing service BitTorrent — is behind an up and coming cryptocurrency called Chia. Chia, which doesn’t require massive amounts of electricity like Bitcoin does, has raised almost $3.4 million without the help of an initial coin offering (ICO). The money will help the startup build its coin and blockchain, which […]
There are many ways to utilize blockchain technology in a meaningful manner. The Flixxo team is taking a unique approach in this regard, as they want to use smart contracts and BitTorrent technology to create a decentralized content distribution network. It is not the only venture trying its hand at this business model, but it’s still […]
Employing a concept called proof-of-time (as opposed to proof-of-work), Chia relies on a two-step block authentication method.
The long-awaited Lightning Network could debut on Bitcoin as early as Tuesday, reports on Twitter allege.
Blockstream is making further connections with BitTorrent as ex-chief architect Arvid Norberg becomes a software engineer.
It is not entirely surprising to learn Bram Cohen – the inventor of BitTorrent – wants to create his own cryptocurrency. Even though there are already several thousand currencies in existence, Cohen feels his creation will bring something new to the table. In fact, he will devote all of his time to developing and maintaining […]
Bitcoin and BitTorrent are two revolutionary technologies from different eras that share few similarities. Both are decentralized peer-to-peer networks that revolutionized their respective sectors. Following the success of BitTorrent, its creator Bram Cohen has announced his plans to explore the Bitcoin industry. Bram Cohen is already familiar with cryptocurrencies as he has been involved in […]