TRON Foundation announced their official release of BitTorrent Speed this week, a way to rewards users with BTT in exchange for seeding and bandwidth, enabling faster downloads. 100 million users now have the opportunity to be a part of the tokenized decentralized internet and support content creators all around the world from their torrent client.
What makes this even more interesting is that in the original Satoshi Nakamoto White Paper, he wrote, “For transferable proof of work tokens to have value, they must have monetary value. To have monetary value, they must be transferred within a very large network – for example a file trading network akin to bittorent”.
Justin Sun has successfully launched a platform of that size, taking the words quite literally. The launch of this platform has seen many people praise it in the 2 days it has been out.
#BitTorrentSpeed is insanely fast now. I used to get like 500kB/s to 1mb/s. I am getting download speed of 1-5MB/s. Great job. This is the future of downloads. @justinsuntron @BitTorrent https://t.co/ktsStS4kLo
— Krypto Kimota (@SirKimota) July 10, 2019
With some going as far as speculating the price will rise, leading TRON to jump into bullish movement.
If #BitTorrentSpeed works well and people actually use it, price will inevitably rise.
Now is the make or break moment for #Tron. It’s not just hype anymore.
— TRX Colony (@TronColony) July 9, 2019
The BitTorrentSpeed allows users to download speeds on peer-to-peer network and become more readily. Potentially changing the way people torrent and adopt the uses of cryptocurrency and blockchain.
Most users seem to be taking this in stride, and quite enjoying the benefits that BiTorrent Speed is offering them.
Once you take the time to nail the perfect variables in #BitTorrentSpeed along with knowing what setup and resources required, you all could be doing insane UL numbers like I am. Thanks @justinsuntron for keeping our pockets #STACKED #InstaWealth $BTC $TRX #TRON #bittorrent pic.twitter.com/b6GRKfPjVV
— Adam Guerbuez 🧊 (@AdamGuerbuez) July 11, 2019
Overall it appears BitTorrent Speed had a successful launch, with more to come soon from Justin Sun and the Tron Foundation, how will this reflect on the price of the cryptocurrency.