đïžBitTorrent and Distributed Applications đïž
For more than a decade, BitTorrent Inc. has been exploring distributed applications. We have investigated both adaptations of the BitTorrent protocol as well as the creation of entirely novel protocols with the aim of providing services including distributed messaging, BitTorrent-based CDN, peer-to-peer live video streaming and file synchronization, and distributed website hosting.
The recent emergence of blockchain technologies has shifted the paradigm of what is achievable.
While many new decentralized protocol proposals suggest ambitious technical paths forward, almost all are silent on how to confront the enormous challenge of building critical mass, which is the technical crux of distributed systems. Some projects are addressing this challenge by introducing a cryptographic token to existing user bases. However, these projects lack the experience BitTorrent has in designing a protocol which balances diverse economic interests effectively and at scale.
The BitTorrent ecosystem has the critical mass and BitTorrent Inc. has the protocol engineering expertise necessary to take advantage of the possibilities introduced by the blockchain. By integrating blockchain technologies into the BitTorrent ecosystem, we can enable developers.
create new, decentralized applications on top of our existing ecosystem. Therefore, we believe that BitTorrent is the best-equipped entity to create the infrastructure of the imminent decentralized web.
#BitTorrent #BTTCLOVERS #Btttc #BTTcReward #BTTC/USDT