BitTorrent is one of the largest decentralized peer-to-peer file sharing networks on the Internet. In 2018, the Tron Foundation acquired BitTorrent to improve it using blockchain technology.
Vitaly Buterin talks about the BitTorrent platform
In a recent Twitter post by @BeatsCrypto, you can see how Vitalik Buterin talks about the BitTorrent network and praises it. He believes that BitTorrent is the ideal tool for Tron to popularize the platform and increase the number of decentralized applications (dApps) on it.
Seeing this interview, Justin Sun commented on why Buterin is so obsessed with BitTorrent. San believes that Buterin often and in a positive light speaks about BitTorrent, since he is an honest and objective person.
Recall that BitTorrent has released a coin specially developed for the decentralized network, called BitTorrent Token (BTT). These tokens were sold in just a few minutes. However, there were some controversies regarding this Initial Coin Offer (ICO) due to the fact that the BNB and TRX were uploaded several days before the ICO. After that, the coins fell by more than 10%. In addition, only a few users were able to purchase the BTT coin, as Binance Launchpad had some problems in its work.
According to former BitTorrent manager Simon Morris, the Tron network is not ready for the volume of the transaction, which is necessary for the operation of the token. Indeed, he explained that the bandwidth they looked at required hundreds of transactions per second.
However, Vitaly Buterin denied this statement of Justin San, since the interview he is talking about was recorded back in August 2017 - before the BitTorrent acquisition of the TRON (TRX) blockchain platform.
