It is surprising to see the founder of Cardano (ADA) and co-creator of Ethereum (ETH) Charles Hoskinson praise and regard the newly acquired BitTorrent as an example of scalable protocol thereby adding a feather to the cap of Tron (TRX).
Speaking during Crypto ICO Summit, Hoskinson said IOHK was approached in 2015 for solving three principal problems face by cryptocurrencies. According to him, the problems include scalability, interoperability, and sustainability.
He said: “So in terms of scalability, what do we want to do? Do we have any example of scalable protocols? Probably used it. It’s called BitTorrent.”
He furthered on why BitTorrent is a scalable product using the Game of Thrones and Pee-wee’s Playhouse as examples.
He made known that it is faster to download Game of Thrones with the use of BitTorrent, adding that it is the number one pirated show on the universe. He however said the download speed of Pee-Wee’s Playhouse is slow for the fact that many do not like it.
“Well, why does it get faster? When people join a torrent’s swarm, they usually add resources more than they take. So more people, more resources, faster better performance. That is a really good distributed system. That’s why half a billion users. That’s why a third of all the internet’s traffic is carried by this protocol. It’s wildly successful”
Tron (TRX) acquired BitTorrent recently, pointing that the biggest Torrent application has made them completely decentralized.
Tron’s Justin Sun acquired the product for $140 million. Then, he said all users of the protocol are automatic members of the Tron community. At the moment, Tron Foundation is working on Project Atlas, which is the integration of Tron and BitTorrent.
Tron Is Ahead
Tron may be ranked 12th in the market today, but it is among the most sophisticated coins. More than often, Tron introduces myriads of gigantic development into its ecosystem so as not to lose its class or remain moribund like some coins.
Unlike some altcoins that are full of leap service, Tron may be unsung, but it has been able to achieve quite a number of significant partnerships and adoptions that places way ahead of ordinary Cryptocurrency.
Tron Acquired Blockchain.Org
With the aim to decentralize the world, Tron delved into the Search Engine, Big Data, and Project Evaluation sector by acquiring BlockChain.Org.
Procuring BlockChain.Org, Tron intends to overthrow Google in the Search Engine sector, giving Cryptocurrency better data evaluation.
At the moment, the market may not be so bearish enough to excite lovers of Cryptocurrency, but Tron tries to encourage its supporters and investors with bounties on occasions.