Tags archives: bittorrent

BitTorrent Inc., a company synonymous with “file sharing” system is finally sold to Justin Sun, founder of blockchain media start-up TRON. No official authority has disclosed details regarding the takeover, however, TechCrunch confirms that BitTorrent is being sold for $140 million in cash to TRON. BitTorrent, a pioneer in developing a concept based on decentralized computing architecture to share and store data, has a user base of 170 million. Though it was one of the hottest start-ups of Silicon Valley in 2004 with a breakthrough t...
Imagine you want to the three volumes of the Lord of the Rings trilogy. You get on the Internet and say, “Hey good people of the Internet, does anyone has the LoTR trilogy?” If you were on some random site, here’s the answer you’ll get, “Hey, I’ve got all three volumes. Let me give it to you,” But on Torrent, is like a hundred people saying “Buddy, we’ve each got pages of this trilogy. Let us give you the pages and you can put the entire volume together yourself.” This figuratively explains how peer-to-peer technology in Torrent...