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Tron [TRX], the ninth largest market capitalization cryptocurrency, continues to grow in the market. The Foundation has made another announcement regarding its next big plan for BitTorrent, one of the largest torrent platforms in the world with over 100 million monthly users.
Announcement of their next steps was made at the 2011 Summit niTron, the very first conference organized by Tron. Justin Sun, CEO and founder of the Tron Foundation, said that BitTorrent could launch a live streaming feature. This could be one of the team's most ambitious goals, as the launch would involve a clash with some of the world's leading technology companies such as Facebook, Youtube and Twitch.
The Tron Foundation stated:
"If all goes well with #BTT, #TRON should launch BT's live streaming feature in 2019."
In addition, at the summit, Justin Knoll, Atlas project manager, spoke about the BitTorrent protocol. He said the BitTorrent token [BTT] complements the incentive mechanism of BitTorrent and that the speed of BitTorrent would improve the BitTorrent protocol by modifying the operational principles of the customers.
He further revealed that Tron would play a key role in connecting the BitTorrent protocol to its users, who could download faster. Knoll also said that the incentive mechanism would encourage users to better integrate the network. Justin Sun also unveiled the BitTorrent speed, an application based on a chain of blocks, during the summit.
J Walker, a Twitterati said:
"Only live streaming applications that you can reach with large groups are social networking applications. If you can achieve this with business clbad moderator features, that would be huge. WebEx / BlueJeans can only create 15,000 live visualizations, which is why you should use periscope. taking advantage of the P2P network with compute also helps with POPS. The media server would be closer to connect for the most part on such a large network. "
Zander Perk, a Redditor said:
"It will be an interesting way for artists to get paid. I wonder if it will catch. If it's a solid user interface that loads quickly and works as easily as YT, they could have a large number of users. "
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