Peer-to-peer file sharing service BitTorrent, and little brother uTorrent, have now been downloaded greater than two billion instances on varied platforms. Final 12 months the community accounted for 3% of all downstream, and 28% of all upstream, visitors throughout the web.
The corporate attributes the figures to the “longstanding recognition of its traditional desktop torrent shoppers, in addition to its new web-based torrent downloader and participant constructed for the streaming age”. It stated the Android model of the service on Google Play Retailer is the “hottest torrent downloader”.
Within the announcement, Solar hinted that BitTorrent would quickly be releasing new merchandise:
Acquired by Justin Solar’s Tron Basis in July 2018 for a rumoured $140 million, the service was stated to have had 170 million customers. In early 2019, it launched its personal token, Bittorrent (BTT), to incentivize customers to carry information on the community, which might improve general obtain speeds by having extra copies of any file obtainable.
By March 2020, the token had dropped 90% from the ATH. The present value of 0.000459 remains to be 74% down from the ATH.
The ‘Solar dictatorship’
As with many tasks Solar is concerned with, the platform has been concerned in controversy. Some consider that file sharing service BitTorrent File System (BTFS) copied components from the Interplanetary File System (IPFS), which got here to a head after a recent rebranding of the BTFS emblem to one thing strikingly just like the IPFS emblem.
IPFS’s founder Juan Benet called them out instantly saying “Tron can also’t even consider an unique emblem.”
In a heated Twitter thread, Benet stated “it’s not sufficient to fork all our code, rebrand it and lie [that] it’s theirs” earlier than alleging that Tron’s BTFS has additionally copied, “random chunks of our papers, and defrauded their buyers with a nonsensical mishmash.”
Ethereum founder Vitalik Buterin chimed in, calling out Solar as a dictator that zombified BitTorrent:
“This Tweet is truthfully painful to learn. It is like taking a look at a zombie: the account *seems like* one thing you have grown up with and recognized and beloved for 15 years, however beneath it is simply, nicely, now it is simply one other appendage of the Solar dictatorship”