2018-6-20 13:59 |
Justin Sun, CEO of one of the largest blockchain-based operating systems in the world Tron, has acquired a software company BitTorrent.
BitTorrent, an Internet technology company based in San Francisco, has been bought by a blockchain-focused startup Tron headed by Justin Sun for $140 million.
BitTorrent protocols move as much as 40% of the world’s Internet traffic on a daily basis.
Acquiring BitTorrent, Sun informed the BitTorrent staff about the deal last week.
Neither Tron nor BitTorrent representatives were very forthcoming about what Tron’s exact plans for the future of BitTorrent’s technology.
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