• H.E. Justin Sun

BitTorrents Acquisition of Dlive

Updated: Apr 21

Major BitTorrent Announcement.


BitTorrent today announced the acquisition of the live streaming platform, DLive, and plans to migrate all BitTorrent-related services to one unified ecosystem named BitTorrent X powered by BitTorrent. 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.


BitTorrent started as a data transferring protocol used not long by over 2B users and by some tech giants such as Facebook, Twitter, and Blizzard. It also inspired the design of Bitcoin and the movement of decentralization. After I acquired it back in 2018, BitTorrent carried on its current business while exploring more ways to collaborate with cryptocurrency BTT and bring blockchain and cryptocurrency to mass adoption. BitTorrent X exemplifies a new era of BitTorrent, a household name in data sharing and 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 will all be unified under BitTorrent. The next step is establishing a truly decentralized internet.


The BitTorrent X ecosystem may drive blockchain-related tools to billions of devices in one big step. Hundreds of millions of users will access the next era of tools to share, store, and stream their content directly to anyone across the web. More details about BitTorrent X to come during a live event in November.


Source:https://twitter.com/justinsuntron/status/1319390760739852290


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