The shift to online streaming has been stalled, though, because of the cost of set up, bandwidth, and servers compared to television infrastructure like cable wires and satellites that are already bought and paid for. Afterwards he explained to me in rhyme, “Television’s physical infrastructure is inevitably going to go away, but TV as a mode of content consumption is here to stay.” Essentially, people love what they see on television, but want it accessible from the web. “My goal is to kill off television” Cohen said during the SF MusicTech demo session I hosted. Sports, news events, simulcast TV shows, education, video conferencing, or uncensored war zone broadcasts - this technology will power the future of video. Today, Bram Cohen, the author of the BitTorrent peer-to-peer sharing protocol, demoed his latest creation at the SF MusicTech Summit.īitTorrent Live lets any content owner or publisher stream video to millions of people at good quality and with just a few seconds of latency…for free or cheap. Brandon Iles, CTO of Ampleforth, appeared at the BitTorrent virtual conference, which also featured representatives from Waves, who TRON completed an interoperable bridge with this year, and Simplex, the fiat-crypto payment company that allows users to buy digital assets like TRX with credit card.Īs leading crypto companies gravitate to TRON, its ecosystem is further strengthened, making the case for defi, web3, enterprise, and entertainment being provisioned on the layer-1 whose tentacles now extend globally into every major industry.Television is going the way of the dinosaur, and the deadly comet is called BitTorrent Live. TrueUSD will be bringing its TUSD stablecoin to TRON, while Ampleforth will also be building on the high throughput blockchain. Having celebrated the arrival of WBTC and USDT on TRON this year, the latter accounting for $6.4 billion of TRC20 tether, the stage is set for more crypto projects to onboard in 2021. Ampleforth and TUSD Enter the TRON Ecosystem The latter product, which launched earlier this year, connects BitTorrent to TRON, allowing dApp developers to tap into distributed storage. The four core components are BitTorrent Token, which enables storage providers to get paid for supplying network resources, BitTorrent Speed, DLive Protocol, and BitTorrent File System (BTFS). What this means, in practice, is integrating TRON’s core products so that data and value can flow freely between them, creating a network that places entertainment in the hands of millions, while showing that web3 can operate at scale to solve real world problems.ĭuring the 12-hour long virtual conference, Justin Sun showed off the new BitTorrentX website, which aggregates all of the products that connect to the P2P file sharing network in some way. “Together with the BitTorrent and DLive teams, we look forward to bringing disruptive innovations to the digital entertainment space, and create value for all.” “I truly believe that decentralized entertainment is the next big step in blockchain mass adoption,” said Justin Sun. That appears to be the message emanating from the TRON camp, where expectations are high for what the TRON-BitTorrent dream team can achieve in 2021. If you thought 2020 was a big year for BitTorrent, you ain’t seen nothin’ yet. DLive Protocol will not mark the end of the video streaming platform’s evolution, but rather the beginning of a new era for P2P networking. This will work in a manner similar to that of a blockchain such as Bitcoin, in which nodes propagate data to other nodes based on proximity. This will be achievable because viewers will themselves serve as nodes that can broadcast content to other viewers. By connecting to BitTorrent’s P2P network, DLive Protocol will allow streamers to broadcast content from anywhere at extremely low cost. It fell to BitTorrent CEO and TRON founder Justin Sun to reveal the shape that the new-look DLive will take. Details of DLive Protocol, and what this means to the video platform’s community, were shared at BitTorrent’s virtual conference, which took place on December 16. The latter is to gain its own protocol after connecting with BitTorrent to provide a P2P network for live streaming and content amplification. The BitTorrent family has gained a new member in the form of a video streaming platform DLive.
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