BitTorrent Acquired by Justin Sun (Tron Cryptocurrency for $140 Million US Dollars)
Good day all you lovely people out there!
I have some fabulous news update for Tron (TRX)
Many wonder what will become of the industry leader in peer-to-peer file sharing.
TechCrunch reports that the industry-leading BitTorrent, Inc., the parent company of µTorrent, has been acquired by Justin Sun and his blockchain media and cryptocurrency startup Tron for $140 million USD. This news comes after weeks of speculation around the possible purchase, as shareholders have publicized the official asking price. And while the acquisition is close to being finalized, TC states some shareholders are still disputing the terms, as more than one person claims to have made the introduction between Sun and BitTorrent. Experts don’t believe this will prevent the sale from going through however.
While it’s still uncertain if the business model will change, the company did issue a statement on its website earlier today.
We wish to emphasize that BitTorrent has no plans to change what they do or charge for the services they provide. They have no plans to mine cryptocurrencies now or in the future.
BitTorrent has been a pioneer of peer-to-peer file sharing and we believe our vision of democratizing the Web by enabling decentralized, resilient access to information remains as relevant as it was when we started.
Stay tuned for more updates.
Photo credits https://www.bitguru.co.uk/tron-founder-justin-sun-buys-bittorrent/
Torrent on blockchain?
Yes my friend, Justin sun has acquired bitTorrent & this is huge for Tron as it will help Justin sun to achieve his vision.
I hope they make it private,untraceable.I don't want all to know how much porn im downloading.. xD
Hahaha you are funny.
Bro it's much much more than porn that we are talking over here, acquiring bitTorrent is the best way to reach peer to peer vision that tron has.
Oh torren and blockchain together
Yeah buddy! This is huge for Tron & for people hodling onto their trx coins, we can expect to see some surge in its price!
Very positive outlook to me.
Very much positive indeed my friend!
Updates seems to be interesting on tron. hopefuuly to listen more from you
I will surely give you more updates on this my friend.
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