BITTORRENT

P2P 기반 파일 공유 플랫폼

home link https://www.bittorrent.com/

reference material

Community

Exchanges that listed the coin
3
Symbol
BTT
Dapp
To be released
Project introduction

BitTorrent는 P2P 기반의 파일 공유플랫폼으로 사용자는 원하는 파일의 조각들을 특정 다수로부터 동시다발적으로 다운 받을 수 있습니다. 매달 1억 7천만 명이 넘는 사람들이 사용하고 있습니다.

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Justin Sun

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Medium

BitTorrent Announces DLive ...

SAN FRANCISCO, CA, October 22, 2020 — BitTorrent Inc., the leader in peer-to-peer (P2P) technology, today announced plans to acquire live streaming platform DLive.tv and migrate all BitTorrent related services to one unified ecosystem named BitTorrent X. BitTorrent X represents the transformation of BitTorrent, a world-renowned peer-to-peer service from a software company into a conglomerate of decentralized storage and data protocols and content distribution platforms. The entirety of BitTorrent X’s utilities and services will be powered by the BTT cryptocurrency.BitTorrent started as a data transferring protocol used not long by over 2 billion users but also some tech giants such as Facebook, Twitter and Blizzard. It also inspired the design of Bitcoin and the movement of decentralization. Acquired by Justin Sun, Founder of TRON Network, back in 2018, BitTorrent carried on its current business meanwhile exploring more ways to collaborate with cryptocurrency BTT and bring blockchain and cryptocurrency to mass adoption.BitTorrent X exemplifies a new era of BitTorrent, not only being a household name in data sharing but also a new ecosystem supported by the next-generation infrastructure for decentralized data storage (BitTorrent File System, or BTFS), distribution (BitTorrent), and now streaming (DLive.tv and Decentralized live streaming protocol, DLive Protocol).“BitTorrent X is the next step in establishing a truly decentralized internet,” said Justin Sun, founder of TRON and CEO of BitTorrent. “In one big step, the BitTorrent X ecosystem may drive blockchain-related tools to billions of devices. Hundreds of millions of users will have access to the next era of tools to share, store, and stream their content directly to anyone across the web.”“The acquisition marks a new start for DLive.tv. We are more than excited to join the BitTorrent ecosystem as the collaboration will provide us with more innovative solutions to empower content creators and reward communities.” says Charles Wayn, CEO of DLive, “Together with the BitTorrent team, we look forward to bringing disruptive innovations to the digital media space, and furthermore create value for our global community.”In December 2019, DLive formed a strategic partnership with BitTorrent to further the path of decentralization. BitTorrent announced today that it has officially acquired DLive.tv, one of the leading Esports live streaming platforms in the world with seven million active users and more than 200,000 active content creators.With its official acquisition by BitTorrent, DLive will become an essential part of the BitTorrent ecosystem with the following milestones.December 2017 — DLive launched its beta version on the Steem blockchainSeptember 2018 — DLive migrates to Lino blockchain test netNovember 2018 — DLive co-hosts a PUBG Tournament with Huawei Honor in TurkeyApril 2019 — PewDiePie starts his first exclusive live stream on DLiveSummer 2019 — PewDiePie co-streams with Ninja, James Charles, and Jack Black which became the biggest live streaming events of the yearNovember 2019 — DLive integrates with Streamlabs OBSDecember 2019 — DLive forms a strategic partnership with BitTorrent and joins BitTorrent EcosystemApril 2020 — DLive hosts a #StayAtHome 2 Million Lemon Giveaway amid COVID-19 to support the content creator communityApril 2020 — DLive launches BTT Staking feature on TRON blockchain for its usersSeptember 2020 — DLive announces a partnership with Casper to sponsor PUBG Lite Tournament in TurkeyTRON and BitTorrent plan to provide more details about BitTorrent X during a live event in November.About TRONTRON is dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications. Founded in September 2017 by Justin Sun, the company has delivered a series of achievements, including MainNet launch in May 2018, network independence in June 2018, and TRON Virtual Machine launch in August 2018. July 2018 also marked the acquisition of BitTorrent, a pioneer in decentralized file sharing.About BitTorrent, Inc.Founded with a leading peer-to-peer sharing technology standard in 2004, BitTorrent, Inc. is a consumer software company based in San Francisco. Its protocol is the largest decentralized P2P network in the world, driving 22% of upstream and 3% of downstream traffic globally.Its flagship desktop and mobile products, BitTorrent and µTorrent, enable users to send large files over the internet, connecting legitimate third-party content providers with users. With over 100 million active users, BitTorrent products have been installed on over 1 billion devices in over 138 countries worldwide.Since November 2018, TRON (TRX), Binance (BNB), and Bitcoin (BTC) holders have the opportunity to purchase one-year subscriptions of BitTorrent or µTorrent products, including Ads Free and Pro for Windows. Pro includes anti-virus and anti-malware screening, file converting and playability in HD. Users can visit bittorrent.com or utorrent.com to learn more.About DLive:DLive is a decentralized livestreaming community built using the Lino blockchain. DLive utilizes the Lino blockchain to incentivize both content creators and viewers using cryptocurrencies. DLive believes that all rewards belong to platform participants, and does not take cuts or charge any fees to content creators. Currently, DLive has 20 team members across four continents. To learn more about DLive, please visit https://community.dlive.tv/about/welcome-letter/.Media Contact:Ryan Dennispress@tron.network

BITTORRENT

20. 10. 23

An Open Letter to Anyone Wh...

I have devoted myself to being a responsible, global citizen throughout my entire life, spending significant portions of my personal and professional life to activities promoting universal values of respect, liberty, equality, and kindness.TRON Foundation is based in Singapore and its contributors are dispersed around the world. I take pride in working with our global team of talented contributors and developers to build one of the greatest decentralized blockchain protocols, TRON, with the efforts of its global community, regardless of age, gender, ethnicity/race, religion, sexual orientation, or any other social or personal characteristics.Since its launch in 2017, TRON’s decentralized community has accomplished more than I could have ever imagined possible: into one of the largest and most popular communities in the world. Millions of people have now participated in the TRON community and while there are definitely outliers, I have witnessed a community that has, by and large, grown and held itself to the highest standards of respecting diversity and individuality through a culture that cherishes fundamental human values freedom of speech, user privacy, intellectual property protection, kindness, a diversified working environment, and compliance with legal standards. In leading a team that is part of the TRON community, we are proud to have a globally collaborative team where we value our employees and their respective cultures. We work very hard to create a team atmosphere where freedom of speech and respect for individual values are of the utmost importance. We believe that the end matters, but so does the means through which we get there.As a decentralized protocol, BitTorrent and TRON are both run by its global network of community members. Our team, while we continue to contribute to the ecosystem in various ways, has no more control over the application, data, and values moving on the protocol than any other user of these protocols. Yes, we continue to develop additional features and propose new updates to these protocols, yet just like any other user of BitTorrent for file-sharing or the use of TRON for decentralized applications, we have no control or discretion over what applications use the protocol, what data is transmitted, or how its community members use it. We are extremely proud that BitTorrent and TRON have collectively served 2 billion users around the world, including numerous enterprises, universities, and governments who have built their applications and stored and transferred their files using these protocols. These include many household names including Samsung, Blizzard Entertainment, Facebook, Twitter, and the UK government. Indeed, in 2019, BitTorrent was one of the largest protocols used around the world, accounting for 2.46% of downstream and 27.58% of upstream traffic of all Internet traffic worldwide.There is no merit to the false claims and narratives by Lucasz Juraszek, Richard Hall, and Cong Li, who are our former employees. Our legal counsel has submitted all of the evidence to the court, and the dispute is currently pending in arbitration. We believe the decision will speak for itself.I am heartened by the millions of users who employ them every day, and for the benefits that it provides to the community worldwide, and I strongly believe that the best is yet to come from the TRON and BitTorrent communities.— Justin Sun, CEO of BitTorrent and Founder of TRON

BITTORRENT

20. 09. 29

Everything you want to know...

POLONIEX & BitTorrent AMAThe Following content are the recap of the Polo Chat between Shelley Wu, the VP of Poloniex Global Business & Marketing and Justin Knoll, the Head of Product and Engineering of BitTorrent. The discussion is about “Everything you want to know about BTT” on Sep 27, 2020.Question 1Shelley:Hello, BTT, how‘s the performance of BTT recently on Poloniex?BTT: Poloniex has 1,578,344 BTT holders as of last weekend (September 20). The transaction volume in the past 14 days was 2,207,727 US dollars. We have confidence that Poloniex users still like BTT.Shelley: Sounds great!Question 2Shelley: What is the relationship between BTFS and BTT?BTT: BTFS stands for BitTorrent File System. It is a protocol and network application which provides a content-addressable peer-to-peer mechanism for storing and sharing digital content in a decentralized file system. BTT is a TRC10 token built on the TRON. It is used as an universal cryptocurrency for sharing computer resources between BitTorrent users. BTFS users can immediately obtain BTT by simply running a BTFS node. BTT is used as a decentralized token and can be traded freely on Poloniex, Huobi, Binance, OKEx and many other exchanges.Question 3Shelley: Is there anyway to give some special privileges to BTT Holders other than faster downloads?BTT: I’m excited to share with you guys that we are seeing more and more BTT use cases. It has become the major incentives for BTFS, the decentralized storage network. Users can now earn while using BTFS. BTT is now supported by BitTorrent Speed, and users are able to get a taste of the BTT token economy in just a few simple steps. BTT is also now an indispensable part of DLive, the largest blockchain-based livestream platform in the world. Users can reward streamers with BTT as it has become the main token of the platform. I believe that BTT will remain strong and vigorous with the help of the TRON ecosystem.Question 4Shelley: What was the most important aspect/view while creating $BTT?BTT: As one of the earliest distributed applications, BitTorrent has a proven, solid technical design. It was one of the first demonstrations of a highly scalable peer-to-peer network. TRON closed the acquisition of BitTorrent on July 24, 2018, making BitTorrent Protocol the largest distributed application in the world. BTT has been like a breath of fresh air and reinvigorated the whole BitTorrent product line, giving users the rewards they deserve for contributing. The token itself has become the main incentive of the BTFS network. It’s safe to say that BTT token enriches the BitTorrent ecosystem by bringing more users and developers into the blockchain world. Now, BitTorrent users across the globe have access to the digital economy established by blockchain technology, and this is exactly why we introduced BTT.Question 5Shelley: Partnerships are an integral component of any project’s journey. Which types of partnerships have $BTT already attained and what are the plans on this front moving forward?BTT: BTT is now available in over 60 exchanges and more than 130 countries around the world. In addition, BitTorrent boasts a comprehensive product matrix that includes BTFS, BitTorrent Speed, DLive, and TronTV. From the beginning, TRON impressed users not only with its robust public chain, but also with its diverse ecosystem. BTT will also evolve into an increasingly rich and competent ecosystem. One project particularly worth mentioning is BTFS. In addition to its enormous user base, BTFS’ mining & revenue model will no doubt set off a new trend — anybody with a computer can mine at any time. I believe that with more new mining models being introduced, more and more users will participate in this ecosystem. BTT rewards are within reach. Don’t miss out!Question 6Shelley: Can you give a high-level overview of how BTT will work on the BitTorrent platform? Will users opt-in to receive BTT for seeding or is everyone automatically receiving BTT when they seed?BTT: Since TRON’s acquisition of BitTorrent in 2018, TRON introduced the new TRC-10 token named BTT for adding incentives to the bittorrent protocol. Through the new token, TRON created an infrastructure for decentralized storage, accelerated the download of shared content, and improved the life span of seeded files. BTT functions in parallel with wallets and the bidding engine, which allows clients to bid and accept bids in exchange for bandwidth. Users are able to directly download and reward livestreams with virtual gifts purchased with BTT. In the future, BTT can be used for crowdfunding and smart contract-based asset custody programs. Services like storage, computation, resource supply, content distribution, and CDN could also be purchased by users with BTT. It’s safe to say that the BTT token incentive mechanism improves users’ downloading experience and sets up a virtuous cycle. Users are encouraged to constantly share resources such as bandwidth and storage space on his/her personal device in order to produce value.Question 7Shelley: How would you convince Renters to choose to store their content on BTFS? What advantages or benefits does BTT have compared to other offerings in the market?BTT: You have every reason to choose us. In terms of BTFS, first of all, we provide reliable service: BTFS uses a decentralized service provider to control the server, leaving no room for any disruptions on the stored files from local interruptions or denial-of-service attacks. Second, BTFS charges a lower price: it’s very cheap to store files on BTFS, which significantly lowers the storage and maintenance cost. Next is decentralization: BTFS provides a more flexible storage service while guaranteeing file security by safeguarding users’ data in a decentralized way. Most importantly, by introducing the BTT token economy, BTFS will incentivize users to share more storage space and retrieve more files, boosting greater value exchange of stored files in the network ecosystem. BTFS also includes encryption methods and file-repair technologies. In particular, stored files have over 99.9999% availability as they are shared and distributed to multiple reputable hosts on BTFS.In addition, BTFS is super user-friendly. You can join BTFS and become a Host or a Renter in just a few steps. Hosts can customize payout frequency, storage price, bandwidth price, bandwidth upper limit, maximum storage length and maximum storage capacity. Renters can customize file storage length, replication factor and maximum price point. These basic features will give users an initial impression of BTFS and further insights on decentralized storage systems.We’ve talked a lot about the advantages of BTT. It is now listed on over 60 digital currency exchanges and used in over 130 countries. It has also gained momentum from the support of various products in the BitTorrent ecosystem. Join BitTorrent now and you’re at the starting point of earning BTT.Question 8Shelley: What is the future for BitTorrent like? What’s your ultimate goal for BitTorrent?BTT: The vision of BitTorrent is to build a data-sharing protocol and file storage network that is stronger, more affordable, safer, and more open, laying a foundation for the next generation Internet. BitTorrent also aspires to provide fast, free, and safe data exchange, reduce the cost of data transfer and storage, and to disrupt outdated information transmission mechanisms.Meanwhile, I have high hopes for the combination of blockchain technologies and BitTorrent products and am looking forward to the results. The BitTorrent ecosystem is a place where a lot of the potential has yet to be unleashed.Question 9Shelley: How will BitTorrent benefit from the DeFi bull market?BTT: Mainly through cooperation with the lending platform JUST in the TRON ecosystem. Recently we announced the in-depth strategic partnership between BitTorrent and JUST. Apart from being staked for mining JST, BTT will also be one of the designated collateral tokens on JUST and in TRON DeFi ecosystem.On top of that, BTT will be one of the first tokens accepted on JustSwap, indicating that JUST will have millions of potential users from BitTorrent. The cooperation will lay a solid foundation for BitTorrent’s entry into the DeFi market. Considering the impressive performance of JUST since its launch, the cooperation between the two will be the strongest in the TRON ecosystem. With the synergy between the two, I believe BitTorrent will bring the greatest benefits to users and demonstrate its potential to the market.Question 10Shelley: I can see a very bright future of BTT through my research, but would you please explain how everyone can see this future in simple words?BTT: I’m excited to share with you guys that we are seeing more and more BTT use cases. BTT is like a breath of fresh air that reinvigorates the whole BitTorrent ecosystem, giving users the rewards they deserve.First of all, BTT has become the major incentive for BTFS, the decentralized storage network. Users can now earn profit while using BTFS. On top of this, as I mentioned before, we have launched BTFS storage space mining competition. Also, BTT is now supported by BitTorrent Speed, and users are able to get a taste of the BTT token economy in just a few simple steps. BTT is also now an indispensable part of DLive, the largest blockchain-based livestream platform in the world. Users can reward streamers with BTT as it has become the main token of the platform. More importantly, BTT will soon become the official staking asset for JUST. This marks a milestone in BitTorrent’s exploration of the DeFi sphere and unveils the collaboration between BitTorrent and JUST in building the best-ever DeFi project.It’s safe to say that BTT token enriches the BitTorrent ecosystem by bringing more users and developers into the blockchain world. Now, users across the globe have access to the digital economy established by blockchain technology, and this is exactly why we created BTT. I believe that BTT will remain strong and vigorous with the help of TRON ecosystem, and BTT holders will in return receive substantial rewards.Question 11Shelley: What will DeFi market be like in the future? What changes will it bring & how is JUST Network going to participate?BTT: DeFi has been booming for a while now. In this respect, JUST has its long-term plan in the pipeline. Powered by the TRON Network, JUST aims to build the next generation of DeFi on the TRON network and provide users with one-stop financial solutions. In terms of the underlying infrastructure, JUST is built on the TRON network, which is one of the few that adopts DPOS consensus mechanism, supports smart contracts, and is fully compatible with Ethereum. All these advantages make it a natural fit for swift DeFi onboarding and development.From the financial standpoint, TRON has lower rates and less congestion, providing an ideal pledge and liquidity management environment. JUST will base itself on the users’ needs for DeFi finance and will pay close attention to multi-collateral lending, liquid mining, autonomy, stablecoin, decentralized lending and other derivative scenarios, delivering the best service possible to its users.

BITTORRENT

20. 09. 27

BitTorrent Presents: BitTor...

BitTorrent Presents: BitTorrent in conversation with JUST- How to build a world-class DeFi ecosystemQuestions for Terence FuHost: The recently-launched JustSwap is now gaining significant traction, and people want to know more about it. Could you give us an introduction on JustSwap?Terence Fu: Sure. JustSwap is the first decentralized token exchange protocol on the TRON network.Users can exchange any TRC20 tokens instantly at prices set by the system. The system is intuitive to operate. Users can log in directly with their decentralized wallets without needing to sign up. We currently support TronLink.Users can also earn handling fees by providing liquidity, and the protocol doesn’t charge any commission. In general, JustSwap has the following five advantages:1) Traders can make instant exchanges between any TRC20 tokens.Market makers earn profits without any entry barrier.2) Unlimited liquidity.It’s known to all that liquidity is of utmost importance for all crypto projects, trading platforms and even the entire industry. And JustSwap provides thousands of traders and hundreds of projects with unlimited liquidity.3) Great convenience. JustSwap allows instant exchange without needing to match orders.4) Full availability. JustSwap is threshold-free and available to all, offering a truly fair and open financial market as is promised by TRON.5) High return. Users will get handling fees continuously without the platform taking any commission.We welcome your participation and look forward to your comments and feedback.Host: Why do you think JustSwap has the potential to cultivate tokens whose value could increase a hundredfold? What factors could empower such tremendous growth?Terence Fu: No matter what we do, a big user base and a bullet-proof network infrastructure are the keys, and TRON happens to have both of them.TRON has high hopes for JUST, a core business and priority for TRON at the current stage. JUST has evolved from a single JUST token to a core token in the entire TRON DeFi system.Currently, BitTorrent installs have officially exceeded 2 billion worldwide. Following the in-depth strategic cooperation between BitTorrent and JUST team, BTT will become one of the collateral assets in TRON’s DeFi ecosystem and can be staked for mining JST. That is 2 billion potential JUST users from BitTorrent! Any insider will tell you that 2 billion is no small figure even in the traditional internet sphere!In a word, all signals have pointed out the reality — JUST is a rising star that holds unlimited potential and its market cap is still far smaller than it should be. We’re confident that JustSwap will also live up to people’s expectations and win recognition and support from the market and community users.Host: JUST platform is busting out new things everyday. In addition to JustSwap, what other products can we expect from Just DeFi? And what do you think are the fundamentals for a well-rounded, healthy DeFi ecosystem?Terence Fu: First, a solid DeFi ecosystem should include things such as wallets, lending, saving, stablecoins, DEX, infrastructure, and analytic tools etc., many of which are TRON’s strong suits.For TRON, DeFi is an all-dimensional strategy, validated by the introduction of various JUST products.In addition to JustSwap, we will also launch a TRON-based Compound in the end of August: JUSTLend. Meanwhile, TRON will tap into the blockchain oracle market. JUST obviously has the potential to become a DeFi empire, or at least it’s growing into a healthy, competent DeFi ecosystem.Host: We have a full-on marketing and issuance campaign prepared for JustSwap, and we want to know how investors will participate in that. Is there going to be any special events?Terence Fu: JustSwap is threshold-free and open to all. You don’t need to sign up for a new account to access JustSwap. A decentralized wallet is all you need. JustSwap now supports TronLink, the exchange between TRX and TRC20 tokens and within TRC20 tokens.Like always, TRON is dedicated to creating a fair and open financial market for all.JustSwap will hold a series of giveaway events for users, so please stay tuned!Host: Last question, do you think the buzz around DeFi market will last? What’s the next step for JUST after the launch of JustSwap?Terence Fu: DeFi market will remain popular for at least a very long time. In this respect, JUST has its long-term plan in the pipeline. Powered by the TRON Network, JUST aims to build the next generation of DeFi on the TRON network and provide users with one-stop financial solutions.In terms of the underlying infrastructure, JUST is built on the TRON network, which is one of the few that adopts DPOS consensus mechanism, supports smart contracts, and is fully compatible with Ethereum. All these advantages make it a natural fit for swift DeFi onboarding and development.From the financial standpoint, TRON has lower rates and less congestion, providing an ideal pledge and liquidity management environment.JUST will base itself on the users’ needs for DeFi finance and will pay close attention to multi-collateral lending, liquid mining, autonomy, stablecoin, decentralized lending and other derivative scenarios, delivering the best service possible to its users.JUST is bound to rise from the booming DeFi market as one of most resilient tokens. You are very welcome to use JustSwap. I’m sure this is a premium DeFi product that you don’t want to miss.Questions for Justin SunHost: We see that BitTorrent recently formed a strategic partnership with JUST, and this is the first time for BitTorrent to tap into DeFi. Could you tell us more specifics regarding the partnership, and why did you choose JST as the foundation for TRON’s DeFi ecosystem?How will these two complement each other?Justin Sun: Yes. We are glad to see that BitTorrent is getting into DeFi. BTT will be one of the exclusive staking tokens for JUST and for TRON. Meanwhile, BTT will be used for JST staking and mining, meaning that JUST benefit from the 2 billion user base of BitTorrent.The governance of JUST platform relies on JST holders voting on different proposals.The power of governing JUST goes to those who hold JST.On the one hand, JST holders enjoy the profit brought by USDJ’s stability fee. On the other hand, JST holders need to shoulder the responsibility of governing their community.Let wealth and value flow through the ecosystem and give the power back to users are what TRON has been striving for. It is also the most viable solution for us to realize a blockchain that is truly decentralized.TRON has been and always will be supporting JUST DeFi on every front.In terms of JUST, we know the tumultuous market all too well, so we act fast, and we don’t dare to stop. Pushing forward decentralization is our goal, and we won’t stop at any other trivial success. JST is also evolving from a token for JUST to an essential token for TRON’s entire DeFi enterprise.In the future, JUST team will reveal other new products to support decentralized lending and other decentralized features we have.In a nutshell, the future of TRON and JUST deserves some serious attention.Host: BTFS is now THE decentralized storage platform for JUST. All JUST products, including JustSwap,will be developed and stored on BTFS and BitTorrent. So what are the benefits for users?Justin Sun: You may have heard of BTFS. It is an important decentralized storage project of the TRON ecosystem. Note that BTFS mining competition is currently in full swing. Every day, miners can share a 30 million BTT pool proportionally, and our community announces winners on a daily basis.Statistics and market performance have shown that BTFS, albeit being a late comer, has built up its strength step by step and is gradually emerging as a leader of decentralized storage.Signals are all indicating its steady progress towards the new goal of becoming the storage infrastructure of the decentralized network.BTFS has been developing rapidly. Since its mainnet was launched in June, its DAU has grown to around 200k.Besides, BTT token has been listed on 80+ exchanges across the globe. In addition, many users gravitate towards BTFS since any developer or miner can make the best of the easily accessible and convenient network.BTFS is also supported by a multitude of products including TronLink wallet, decentralized livestream community DLive, blockchain explorer TRONSCAN, etc. Together they will build a next-generation decentralized network.With JUST’s official integration with BTFS, users’ benefits will not be limited to the secure and efficient decentralized storage. The in-depth strategic cooperation between BitTorrent and JUST will enable more value to flow from BitTorrent to JUST. In particular, BTT will draw in more users as one of JUST’s designated staking tokens. It is definitely a win-win.Host: DeFi has seen explosive growth since June. There’s also lots of good news coming from JUST. Compared with other DeFi projects, what do you think are the advantages of JUST?Justin Sun: It’s no exaggeration to say that TRON will drive the next wave of DeFi, and JUST lies at the center of it.JUST has demonstrated obvious advantages in terms of both its growth and its full integration with the TRON ecosystem, and it is rapidly expanding its market share.Firstly, JUST has been growing at a fast pace. JUST has maintained the token sale record on LaunchBase of Poloniex, the world-leading crypto exchange which ranked top 3 in terms of trading volume.Tokens were sold out in just 4 minutes with 20X return on investment. ROI remains at 3X to 4X today.In particular, major exchanges such as Binance and Huobi have all recognized the strength of JST by listing it on their platforms.Secondly, JST has proven its momentum as a dark horse. JUST ranks high on many lists in terms of 24-hour and weekly trading volumes. For example, according to DappReview on August 10, JUST recorded the most trading volume among all DeFi Dapps; Dapp.com statistics on August 11 showed that JUST ranked first among all TRON financial Dapps in terms of 24-hour users and number of transactions.Last but not least, JST is becoming the core token of the entire TRON ecosystem.TRON has been and always will be supporting JUST DeFi on every front.I have said many times that DeFi and stablecoin will still be the two major growth drivers of the industry in the next half of the year. Both have long been TRON’s strategic priority, and we are ready to expand our market share in these two areas. TRON will continue to focus on DeFi, especially JUST, for some time to come.Host: What do you think of the difference between Ethereum’s and TRON’s DeFi ecosystems?Justin Sun: Simply put, there is no “once for all” model. The better one is always yet to come.There will always be new record-setters and new business models. And I believe the next peak of DeFi lies in TRON. Here are my reasons:1) Among the top 20 mainstream public chains, TRON is one of the few that adopts a POS consensus mechanism where DeFi projects are exclusively based. This fact alone has knocked out many of its counterparts.2) TRON is one of the few POS-based chains that integrate smart contracts. Only a limited number of projects among the top 20 support smart contracts. TRON, by contrast, released its smart contract as early as in 2018, and has stood the test of time by maintaining a zero-hacking record (this attests to TRON’s supreme level of security, which is essential for DeFi projects) while handling tens of billions dollars of trading volume. This, again, sets TRON apart with most of its competitors.3) TRON is also the only smart-contract-supporting chain that is fully compatible with Ethereum.Some smart-contract-supporting projects are not compatible with virtual machine or Ethereum, making migration for many Ethereum-based projects either impossible or costly (3–6 months at least), whereas it only takes one week (5 days to be exact if you exclude the weekend) for them to migrate to TRON, which again speaks to TRON’s superiority.4) TRON is the only public chain that boasts incredible profitability. Tokens issued on TRON may well witness a hundred-fold price surge. The $3.9 billion worth of USDT owned on TRON chain may be converted to any other TRON-based asset at any time.5) TRON’s performance is two-hundred-fold better than Ethereum, while it only charges one-hundredth of what Ethereum charges, immunizing itself from the high congestion/handling fee that Ethereum is suffering today. Few people believed this back then. But since the hype created by TRC20-USDT in the crypto community, over 600,000 users have demonstrated their support for TRON with their $3.9 billion worth of votes.6) TRON puts a premium on DeFi. TRON has begun to invest in DeFi as early as in 2019, offering assistance to the community in developing JUST, which went live in May. JustSwap and JUSTLend will also be officially launched late this month. I’ve mentioned on many occasions that TRON pursues an “All in” approach regarding DeFi, and will focus all resources available on promoting DeFi.I’m sure by now you may already have a good understanding of TRON’s DeFi ecosystem and our position in the market. DeFi will become the central theme of TRON’s future, and we firmly believe TRON will generate the next wave of tail wind that propels DeFi forward.Host: Last question, what’s the future like for TRON’s DeFi after integrating with JUST? What is the plan for it?Justin Sun: TRON has begun to invest in DeFi as early as in 2019, offering assistance to the community in developing JUST which went live in May. TRON has been pursuing an “All in” approach regarding DeFi. I’d also like to emphasize that investing in JST is investing in Uniswap, Compound, TBTC and Synthetix. JST is a token that integrates various functionalities.I have reiterated that JUST will evolve from a single token to the core of TRON’s entire decentralized DeFi system as more DeFi projects go live. TRON’s DeFi provides developers and investors with an immediate opportunity, which features lower risk, greater certainty and faster growth. It is an obvious benefit for investors. I gotta say that the next boom of DeFi is on TRON!

BITTORRENT

20. 08. 21

BitTorrent Presents: All Yo...

Host: Hello, guys, AMA about BitTorrent on Defi now startsWe are happy to have Justin Sun here. He will share all you want to know about BitTorrent & Defi.Justin: Hello guys! I am glad to be here today.Host: So glad to have you here! Let’s start our first question. How will BitTorrent benefit from the DeFi bull market?Justin: Mainly through cooperation with the lending platform JUST in the TRON ecosystem. Recently I announced the in-depth strategic partnership between BitTorrent and JUST. Apart from being staked for mining JST, BTT will also be one of the designated collateral tokens on JUST and in TRON DeFi ecosystem.On top of that, BTT will be one of the first tokens accepted on JustSwap, indicating that JUST will have 2 billion potential users from BitTorrent.The series of cooperation will lay a solid foundation for BitTorrent’s entry into the DeFi market. Considering the impressive performance of JUST since its launch, the cooperation between the two will be the strongest in the TRON ecosystem. With the synergy between the two, I believe BitTorrent will bring the greatest benefits to users and demonstrate its potential to the market.Host: What are your thoughts behind supporting a stablecoin lending platform like JUST on TRON?Justin: I’ve said many times that TRON’s focus for the second half of the year will be on DeFi and stablecoin. Now here we are in a DeFi heat. This proves that my judgment on the market is right.And now I firmly believe that the next peak of DeFi will be driven by TRON,because we own the most powerful DeFi project JUST (JST).And it is not just us. There’s a growing interest in JUST from the community and the market. Recently, JUST (JST) was finally listed on top exchanges Binance and Huobi. Users can exchange JST on these platforms as they wish.As of Aug 11, JST price has skyrocketed by over 40x since issuance.In response to the community’s expectations, TRON made three major decisions lately. Among them are the launch of JustSwap (TRON’s equivalent of Uniswap) on August 17 and JUSTLend (TRON’s equivalent of Compound) at the end of August. The JUST’s DeFi empire is clearly taking shape.Host: What competitive advantages does JST enjoy over its competitors?Justin: JUST has demonstrated obvious advantages in terms of both its growth and its full integration with the TRON ecosystem, and it is rapidly expanding its market share.1) From 0 to 1, JUST is on a fast track of growth.JUST has maintained the token sale record on LaunchBase of Poloniex, the world-leading crypto exchange which ranked top 3 in terms of trading volume.Tokens were sold out in just 4 minutes with 20X return on investment. ROI remains at 3X to 4X today.JST is now available on Poloniex, MXC, Gate.io, imToken and many other major exchanges and wallets. The community is also expanding.2) JUST is leading the rank in the DeFi boom.JUST ranks high on many lists in terms of 24-hour and weekly trading volumes.According to Dapp.com on August 11, JUST was №1 among all TRON-based financial Dapps in terms of 24-hour users and number of transactions!The trading volume in the past 24 hours has reached 3.22K USD, up by 3686.87%! Dapp.com gave a list-topping score of 96!According to DappReview on August 10, JUST was the top 1 decentralized financial Dapp, with a weekly trading volume of 10.2K!3) Supported by multiple TRON products, JST is becoming the core token of the TRON ecosystem.Both JUST and the upcoming JUSTSWAP and JUSTLend will benefit from BitTorrent’s 2-billion user base.TRON has been and always will be supporting JUST DeFi on every front.Host: What the purpose of #USDJ AND #JUST, including BTT in TRON?Justin: USDJ and JST are not regular stablecoins trying to take a bite out of the market. They are here to fill the blank of decentralized stablecoin that is essential to the TRON ecosystem.Though we already have a growing TRON-based USDT market, decentralized stablecoin is a completely new type. It’s a must in the ecosystem.As TRON ecosystem continues to expand, USDJ and JST will play a more and more important role.JST is essentially a governance token to denote and adjust the controlling power of the JUST platform in a decentralized way. You can compare it to the voting power in a decentralized “central bank”. Paying interest is just one of its features.BTT is now available in over 60 exchanges and more than 130 countries around the world.It is the engine of value flow within the full-fledged BitTorrent product matrix, including BTFS, BitTorrent Speed, DLive and TronTV. In particular, BitTorrent has established an in-depth strategic cooperation with JUST team. They will join hands to enrich the TRON ecosystem and make TRON the financial infrastructure of mankind.Host: I can see a very bright future of BTT through my research, but would you please explain how everyone can see this future in simple words?Justin: I’m excited to share with you guys that we are seeing more and more BTT use cases. BTT is like a breath of fresh air that reinvigorates the whole BitTorrent product line, giving users the rewards they deserve before they even notice it.First of all, BTT has become the major incentive for BTFS, the decentralized storage network. Users can now earn profit while using BTFS. On top of this, as I mentioned before, we have launched BTFS storage space mining competition.Also, BTT is now supported by BitTorrent Speed, and users are able to get a taste of the BTT token economy in just a few simple steps.BTT is also now an indispensable part of DLive, the largest blockchain-based livestream platform in the world.Users can reward streamers with BTT as it has become the main token of the platform.In addition, BTT Staking is also available on DLive. All users who have staked their BTT to support the platform are rewarded by DLive with 25% of its daily donation and subscription revenue.More importantly, BTT will soon become the official staking asset for JUST. This marks a milestone in BitTorrent’s exploration of the DeFi sphere and unveils the collaboration between BitTorrent and JUST in building the best-ever DeFi project.It’s safe to say that BTT token enriches the BitTorrent ecosystem by bringing more users and developers into the blockchain world. Now, over 1 billion users across the globe have access to the digital economy established by blockchain technology, and this is exactly why we built the BTT empire in the first place.I believe that BTT will remain strong and vigorous with the help of TRON ecosystem, and BTT holders will in return receive substantial rewards.Host: Knowing that #BitTorrent it is a protocol designed for file exchange, could you explain to us what usefulness the #BTT token has within the #TRON blockchain and how they plan to gradually build a matrix of products to provide better service to community users?Justin: BitTorrent is at the core of TRON’s strategy, which has injected more diversity and possibilities into the ecosystem. Now we have over 100 million active users across the globe. In particular, the introduction of BTT token further boosts the development of the BitTorrent ecosystem.BitTorrent boasts a well-established matrix of products, including decentralized file storage system BTFS, file download accelerator BitTorrent Speed, livestream platform DLive and streaming media platform TronTV.Talking about the BitTorrent ecosystem, DLive’s MAU reached 10 million and TronTV racked up 80 million total views.Meanwhile, we’re also witnessing remarkable growth of BitTorrent Speed, whose MAU exceeded 32 million. This is a product that helps speed up file download and allows users to earn BTT rewards in the meantime.Our new goal is to divert over 90% users in the BitTorrent ecosystem to this product and reach an MAU of over 50 million.We’ve seen a total of 6.5 million accounts added to the TRON ecosystem, and I believe this should be attributed to BitTorrent Speed. If BitTorrent Speed keeps drawing users to TRON, we are confident that by the end of this year, the number of unique addresses on TRON will surpass 10 million. Given that BitTorrent Speed has already contributed 50 million MAU to TRON, we should have full confidence.As for DLive, its MAU grew to surpass the 10 million mark in only a few months from 3 million recorded at the end of 2019.I believe DLive will achieve greater breakthroughs in terms of MAU and grow to become the №1 livestream platform in Turkey by the year end.And a word to our DLive users: Don’t forget to participate in the BTT staking campaign. Now DLive offers a generous return to all participants, so whoever’s in can get BTT rewards.To put it simply, it is a zero-risk opportunity to gain lots of BTT for free.But of course, our star project is BTFS. Now anyone with a computer can start mining right away. How good is that?I believe that with more new mining models being introduced, more and more users will participate in this mining fiesta. BTT rewards are just at the tip of your fingers. Don’t miss out!Host: #JUST have just launched on different coin trading platform with a higher trajectory in China platforms than other region, could this herald major #BTT adoption/partnership on #DeFi ?Justin: BitTorrent is officially making its way into the DeFi sphere and has reached an in-depth strategic collaboration with the JUST team.BTT will become one of the designated staking assets for JUST and TRON’s DeFi ecosystem, and can be staked for mining JST.On top of that, BTT will be one of the first tokens accepted on JustSwap, directing 2 billion BitTorrent users to JUST.Moreover, BTFS has officially become the exclusive decentralized storage platform for JUST, and all products under JUST from now on will be developed and stored on BTFS and BitTorrent.The powerful alliance of BitTorrent and JUST is definitely a win-win!Host: What will DeFi market be like in the future? What changes will it bring & how is JUST Network going to participate?Justin: DeFi has been booming for a while now.In this respect, JUST has its long-term plan in the pipeline. Powered by the TRON Network, JUST aims to build the next generation of DeFi on the TRON network and provide users with one-stop financial solutions.In terms of the underlying infrastructure, JUST is built on the TRON network, which is one of the few that adopts DPOS consensus mechanism, supports smart contracts, and is fully compatible with Ethereum. All these advantages make it a natural fit for swift DeFi onboarding and development.From the financial standpoint, TRON has lower rates and less congestion, providing an ideal pledge and liquidity management environment.JUST will base itself on the users’ needs for DeFi finance and will pay close attention to multi-collateral lending, liquid mining, autonomy, stablecoin, decentralized lending and other derivative scenarios, delivering the best service possible to its users.Host: There are a lot of projects and initiatives under the TRON umbrella, how do you allocate your resources and energy to JUST and what expectations do you have on it?Justin: TRON holds golden opportunities for the next DeFi boom, and JUST is the pearl sitting on TRON’s DeFi crown! JUST has demonstrated obvious advantages both in terms of its growth and its full integration with the TRON ecosystem, and it is rapidly expanding its market share. In a foreseeable future, DeFi will remain a key growing field for TRON. In the second half of 2020, TRON will continue to seek cooperation with more stablecoin suppliers and institutions to explore the future of stablecoins, for it is vital to mankind’s next-generation financial infrastructure. TRON will put a premium on it.Host: How will $JUSt compare/be different to uniswap, balancer, other DEFI projects etc… What is the value prop?Justin: The soon-to-be-launched JustSwap is the first decentralized token exchange protocol on the TRON network. Users can exchange any TRC20 tokens instantly at prices set by the system. The system is intuitive to operate. Users can log in directly with their decentralized wallets without needing to sign up. We currently support TronLink.Users can also earn handling fees by providing liquidity, and the protocol doesn’t charge any commission.In short, JustSwap has five core advantages:1) Traders can make instant exchanges between any TRC20 tokens.Market makers earn profits without any entry barrier;2) Unlimited liquidity.It’s known to all that liquidity is of utmost importance for all crypto projects, trading platforms and even the entire industry. And JustSwap provides thousands of traders and hundreds of projects with unlimited liquidity.3) Great convenience. JustSwap allows instant exchange without needing to match orders.4) Full availability. JustSwap is threshold-free and available to all, offering a truly fair and open financial market as is promised by TRON.5) High return. Users will get handling fees continuously without the platform taking any commission.

BITTORRENT

20. 08. 18

Justin Sun’s AMA with Wazir...

Host: Welcome to the group, we’re excited to have you as a guest!Justin: Hah, thank you for having me here. Great honor.Host: Before we begin, please introduce yourself and BitTorrent.Justin: Sure, no problem. Hey guys, this is Justin Sun, founder of TRON and CEO of BitTorrent, you can learn more about me from my twitter, https://twitter.com/justinsuntron.Host: Great! So let’s begin with the questions now :)Q1: Is there anyway to give some special privileges to BTT Holders other than faster downloads?Justin: I’m excited to share with you guys that we are seeing more and more BTT use cases. It has become the major incentives for BTFS, the decentralized storage network. Users can now earn profit while using BTFS.BTT is now supported by BitTorrent Speed, and users are able to get a taste of the BTT token economy in just a few simple steps.BTT is also now an indispensable part of DLive, the largest blockchain-based livestream platform in the world. Users can reward streamers with BTT as it has become the main token of the platform.In addition, BTT Staking is also available on DLive. All users who have staked their BTT to support the platform are rewarded by DLive with 25% of its daily donation and subscription revenue. The BTT Staking rewards come from the 25% of all donations and subscriptions on DLive every day.I believe that BTT will remain strong and vigorous with the help of TRON ecosystem, and BTT holders will in return receive substantial rewards.Host: All right, let’s move to the second question.Q2: What was the most important aspect or view while creating BTT?Justin: As the earliest distributed storage program, BitTorrent products enjoy a solid technical design. It realized the concept of the more the merrier with P2P network. TRON finished the acquisition of all of BitTorrent products on July 24, 2018, making BitTorrent Protocol the largest distributed application in the world.BTT is like a breath of fresh air and reinvigorated the whole BitTorrent product line, giving users the rewards they deserve before they even notice it, the token itself has become the main incentives measures of BTFS network. It’s safe to say that BTT token enriches the BitTorrent ecosystem by bringing more users and developers into the blockchain world. Now, over 1 billion users across the globe have access to the digital economy established by blockchain technology, and this is exactly why we built the BTT empire in the first place.Host: Wow! No wonder BTT is super popular on WazirXJustin: Sure, definitelyHost: Moving to the third question.Q3: What made you enter crypto & what advice you have for those who are not in crypto & where do you see BitTorrent after 5 years?Justin: I first heard about Bitcoin in 2012 back when the token price was only a few dollars. Then I bought some. The world of Bitcoin was so enticing that I loaded up on Bitcoin with money I freed up from my Tesla stock.Back then I had a hunch that Bitcoin will be a disruptive force to this world.For those who haven’t gotten into cryptocurrencies, I strongly recommend at least having a basic understanding of digital finance, digital economy, and digital assets. We only have this long to live, and the window of opportunity only remains open for two to three decades, so you won’t have that many windows. Better dive deep when you have the chance! The currents of time only flows forward, and the only thing we can do is to beat on, boats against the currents.In 2020, BTT will further reinvigorate all BitTorrent products. I can’t say where BitTorrent will be in five years, nor can I give you specific data, but I do believe BitTorrent ecosystem will bring about more products and attract more users to the world of decentralization. There is no doubt that TRON and BitTorrent will complement with one another. BTFS will become THE storage infrastructure for decentralized network. In the future, we will see more DApps working with BTFS and building the network together. Currently, the BTFS storage space mining competition is in full swing. Miners get to share a 30 million BTT prize pool everyday, and the competition is open with a very low threshold. Anyone can get a taste of decentralized storage.Host: Nice! Let’s move to the next question.Q4: Partnerships are an integral component of any project’s journey. Which types of partnerships BTT has already attained and what are the plans on this front moving forward?Justin: BTT is now available in over 60 exchanges and more than 130 countries around the world. In addition, BitTorrent boasts a comprehensive product matrix that includes BTFS, BitTorrent Speed, DLive, and TronTV.From the beginning, TRON impressed users not only with its robust public chain, but also with its diverse ecosystem.Similarly, BTT will also evolve into an increasingly rich and competent ecosystem.One project particularly worth mentioning is BTFS. In addition to its enormous user base, BTFS’ mining & revenue model will no doubt set off a new trend- anybody with a computer can mine at any time. I believe that with more new mining models being introduced, more and more users will participate in this mining fiesta. BTT rewards are just at the tip of your fingers. Don’t miss out!Host: Q5: Will the $BTT airdrop for $TRX holders start in near future? As it was a very nice way to earn $BTT by holding my favourite $TRX.Justin: The purpose of BTT airdrop is to let more users use BTT in BitTorrent Speed, BTFS, and BitTorrent protocol. With BTT, files can be transmitted and downloaded at a faster speed, and the decentralized community will be stronger. After 16 rounds of airdrops and vigorous discussion among BitTorrent Foundation, community developers and other representatives, we have decided to allocate the remaining funds towards the exploration of other incentives for those who support the BTT ecosystem. For instance, there could be new user rewards for BitTorrent Speed and more BTT rewards for contributing more idle space and bandwidth. These are the benefits that BTT users truly deserve.Host: Q6: Can you give a high-level overview of how BTT will work on the BitTorrent platform? Will users opt-in to receive BTT for seeding or is everyone automatically receiving BTT when they seed?Justin: Since TRON’s acquisition of BitTorrent in 2018, TRON introduced the new TRC-10 token named BTT by scaling up BitTorrent protocol. Through the new token, TRON created a set of infrastructure for decentralized storage, accelerated the download of shared content and improved the life span of seed files.BTT can function in parallel with wallets and bidding engine and allows clients to bid and accept bids in regards to bandwidth. Users are able to directly purchase or download content from content creators with BTT and rewards livestreams with virtual gifts purchased with BTT. In addition, BTT can be used for crowdfunding and smart contract-based asset custody programs. Services like storage, computation, resource supply, content distribution, and CDN can also be purchased by users with BTT.It’s safe to say that the BTT token incentive mechanism improves users’ downloading experience and sets up a virtuous cycle. Users are encouraged to constantly share resources such as bandwidth and storage space on his/her personal device in order to produce value.Host: Moving to the next question. Q7: Any plans to support Indian blockchain developers to use tron blockchain network and create DAPS which has real world use?Justin: The first Tron virtual machine we launched in May 2018 was fully compatible with Ethereum, which is very developer-friendly. Later in August, TRON virtual machine (TVM) was officially launched and has been the most popular DApp developing platform.In 2019, we initiated Atlas project that aims to be the biggest DApp operating system in the world. As of today, TRON public chain boasts 144 top developers on Github.To better incentivize the developers, we have been holding regular SUN Network Developer Challenges and have hosted niTROn SUMMIT 2019, the first of our annual global blockchain gathering, which the NBA star Kobe Bryant attended.Developers are the backbone of TRON. That’s why we will always strive to give them more support. The third SUN Network Sidechain Developer Challenge is in the pipeline. Over a hundred teams are expected to participate in this event. The prize will also be unparalleled. In the future, we will attract more developer teams to generate quality content for TRON and make our vision of the TRON ecosystem come true.Host: Amazing! Time for our next question.Q8: Are you planning to convert BTT to DeFi project in near future to increase demand and supply, and any burn program?Justin: Not for the moment. But speaking of DeFi, we’ve got another hit project, JUST. I’ll talk a little bit about it. JUST (JST) is a decentralized stablecoin lending platform. Users can now pledge TRX on the CDP portal of JUST platform to mint USDJ, a decentralized stablecoin pegged at 1:1 to USD. The other token, JST, is used for interest payment, platform governance and other functions of the blockchain. The USDJ generated by collateralizing TRX is at users’ disposal. We can see great interest from investors in DeFi, which shows its potential in the long run.Host: Q9: Indians have heard only about BTC but not other virtual currencies. So how can they trust BTT and what will be your strategy to shine & rise in India?Justin: BitTorrent has always been sitting at the core of TRON’s growth strategy. The series of projects rolled out by TRON, such as BitTorrent Speed, BTFS and DLive, have all attracted huge attention and numerous users. I always believe that the products and services with true practical value will speak for themselves and will extend their influence beyond India to the whole world.For instance, BitTorrent File System (BTFS) breaks the monopoly of all centralized forms of file uploading and downloading. It gives freedom back to everyone, reminds us of our original motive to invent cloud storage and keeps “torrents” that used to easily go missing more secure. It provides us with a freer, faster and safer way to store files, and opens a brand-new window into a decentralized Internet.We firmly believe that by putting BTT token into actual use cases, BitTorrent’s diverse matrix of products and applications will fully unleash the potential of BTT and bring BitTorrent closer to its users.Host: Wow, has it been 9 questions already? Time for the final question, and then we’ll unmute the chat for live questions for 10 mins.Q10: How would you convince the artists or media owners to bring their production to Blockchain, especially where Torrents have been associated more with piracy and illegal downloads? What advantages or benefits does BTT have compared to other offerings in the market?Justin: You have every reason to choose us. In terms of BTFS, first of all, we provide reliable service: BTFS uses a decentralized service provider to control the server, leaving no room for any disruptions on the stored files from local interruptions or denial-of-service attacks. Second, BTFS charges a lower price: unlike other platforms like EOS where storing 1 MB data might cost over $150, it’s very cheap to store files on BTFS, which significantly lowers the storage and maintenance cost. Next is decentralization: BTFS provides a more flexible storage service while guaranteeing file security by safeguarding users’ data in a decentralized way. Most importantly, by introducing the BTT token economy, BTFS will incentivize users to share more storage space and retrieve more files, boosting greater value exchange of stored files in the network ecosystem. Not to mention its supreme level of security. BTFS adopts state-of-the-art encryption methods and file-repair technologies, which guarantees file confidentiality and security. In particular, stored files have over 99.9999% availability as they are sharded and distributed to multiple reputable hosts on BTFS.In addition, BTFS is super user-friendly. You can join BTFS and become a Host or a Renter in just a few steps. Hosts can customize payout frequency, storage price, bandwidth price, bandwidth upper limit, maximum storage length and maximum storage capacity. Renters can customize file storage length, replication factor and maximum price point. These basic features will give users an initial impression of BTFS and further insights on decentralized storage systems.We’ve talked a lot about the advantages of BTT. It is now listed on over 60 digital currency exchanges and used in over 130 countries. It has also gained huge growth momentum from the support of various products in the BitTorrent ecosystem. Join BitTorrent now and you’re at the starting point of earning BTT.Host: Wow thank you so much, Justin! Those were some amazing answers. Now, we’ll unmute the chat so that our community members can ask you questions live.User: The BTFS mining project is all the rage these days. How can general users take part and what would we earn out of it?Justin: Right, BTFS’ storage space mining competition has been on for two weeks. Every day we distribute 30 million BTT to nearly 7000 users. The participation threshold is also very low, as a common Dual-Core 2 GB PC can start mining right away. Hosts who contribute over 100 MiB added storage per day will be eligible for mining rewards.Following this, we will also launch BTT mining programs based on node repair, node reputation, storage verification, CDN storage, etc. More information will be released soon, you may stay tuned.Besides, miners can also earn BTT through storing files, at a default return rate of 7680 BTT/TB/month. The upcoming new Host UI will also allow users to offer their own price based on the default price. In the future, BTFS will become a free trade market for Hosts and Renters, where miners can also get their own rewards. We’ve released many written and video tutorials to help newcomers learn to use BTFS. Don’t hesitate to come and earn BTT in BTFS!User: TRONZ privacy protocol was mentioned in the TRON 4.0 global release a while ago. And what does launching the privacy protocol mean to TRON and the blockchain industry as a whole?Justin: Release of TRON 4.0 and TRONZ privacy protocol marks another milestone for the domestically developed and IP-based blockchain technology. TRONZ privacy protocol makes anonymous transaction possible, hiding information of the sender, receiver and the amount of transactions. Such a protocol diversifies features on the TRON network, marking a significant milestone for the TRON ecosystem. TRONZ privacy protocol will become a benchmark in the history of shielded smart contract, impossible to surpass or replicate. It perfectly meets people’s demands for privacy protection in a decentralized internet, addressing a century-long concern once and for good. It is a leap in the history of mankind. Moving forward, the TRON privacy team will always keep user privacy at heart and continue to commit itself to users’ demands and technological innovation, and stay focused on the technology of privacy protection, paving the way for future development of the blockchain industry.User: What is the future for BitTorrent like? What’s your ultimate goal for BitTorrent?Justin: The vision of BitTorrent is to build a data-sharing protocol and file storage network that is stronger, more affordable, safer, and more open, laying a foundation for the next generation Internet. BitTorrent also aspires to provide fast, free, and safe data exchange, reduce the cost of data transfer and storage, and to disrupt outdated information transmission mechanisms.Meanwhile, I have high hopes for the combination of blockchain technologies and BitTorrent products and am looking forward to the results. The BitTorrent ecosystem is a place where a lot of the potential has yet to be unleashed.Justin: Wow, so many questions. I‘ve been overwhelmed, I can feel the passion, warm and users’ concerns. This is GREAT!Thank you everybody for joining our AMA! We will keep the hard work and update BitTorrent community on our latest progress! Don’t forget to follow https://twitter.com/BitTorrent Twitter account to stay up-to-date with everything that happens in our community! See you guys soon!Justin: Thank you for being an amazing guest, JustinHost: Thank you for your time, shout out to everyone

BITTORRENT

20. 07. 30

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