
2018-7-24 20:03 |
TRON’s long-rumoured acquisition of BitTorrent Inc., the operator of popular torrent client uTorrent, has been confirmed by TRON founder Justin Sun in a community letter published July 24.
The BitTorrent protocol launched in 2001 and relies on distributed “seeding’” by users who upload shareable content.
Today’s letter emphasizes their shared vision, which was already indicated by the repeated mention of torrents and explicit reference to BitTorrent in the TRON white paper.
The lawsuit was eventually dismissed, and unconfirmed details surrounding the finalization of the deal surfaced in June.
As of press time, TRON (TRX) is ranked the eleventh largest cryptocurrency globally, trading around $0.04 with a total market capitalization of over $2.3 billion, according to CoinMarketCap.
TRON (TRX) на Currencies.ru
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