BitTorrent will purchase the DLive streaming platform and create a single ecosystem.
The protocol company BitTorrent has announced plans to purchase a DLive streaming platform. The company intends to combine all related services into one BitTorrent X ecosystem.
According to the announcement, the new ecosystem will provide support in one infrastructure:
decentralized data storage (BTFS);
content distribution (BitTorrent);
video streaming (DLive).
All BitTorrent X services will be based on BTT token.
„BitTorrent X is the next step in creating a truly decentralized Internet,“ said Justin Sun, founder of Tron and CEO of BitTorrent.
TRON and BitTorrent plan to provide more detailed information about the future ecosystem during an interactive event in November.
In December 2019, DLive entered into a strategic partnership with BitTorrent, where it moved to Tron and integrated BTT.
Justin Sun acquired BitTorrent in 2018.
Recall that the author of the BitTorrent protocol, Bram Cohen, stated that he had just recently received most of the sum from Sun for the sale of the company, and it was less than agreed.