Tron [TRX] became the most controversial currency on the market due to the acquisition of BitTorrent, one of the largest Torrent platforms in the world. Speculation rumors have been on the market since September 2017, which was confirmed by both parties a few months ago.
The acquisition has led Tron to become the largest decentralized ecosystem in the world. Since its foundation, Tron has worked to decentralize the Internet and BitTorrent has also worked with a similar idea, Democratize Internet.
Justin Sun, founder and CEO of Tron Foundation, during the launch of the beta version of Tron Virtual Machine, announced that BitTorrent will be integrated with Tron and presented Project Atlas. New information about the project was announced during the launch of TVM.
According to the Founder, integration will be added to the global payment and settlement of online content. For this, a slanted token and a custom token will be introduced, this will also eradicate BitTorrent limits.
In addition, users will earn tokens to upload content to the platform and encourage them to continue seeding even after the download completes. The CEO of the Foundation stated that there would be no mining activities involved in the project and that users will only need to use the tokens provided by the platform.
While part of the community rejoices by saying that BitTorrent is going to become the next Netflix, part of the community is concerned about the execution of the plan.
The main reason for this is possible legal actions against the Foundation in the future. This is because most of the available content is pirated on BitTorrent. If there is value added to the pirated content, then it would attract the attention of all owners of intellectual property. This would in a sense be a path for innumerable lawsuits.
1117777111, a Redditor said:
"BitTorrent went away a lot because there were no ongoing financial transactions – it made it hard to really justify the judicial orders and the legal action targets as soon as you add a transaction of value to piracy, would become one of the greatest objectives of the intellectual property causes that the piracy has ever seen "
The Redditor adds:
" This acquisition is interesting and all, but I also worry that they have not They have the power to block the activities of the Tron Foundation in many countries if they do not do it properly. "
" While torrents are widely used for illegal content, it is also used by open source companies to distribute large files and reduce their operational expenses there is illegal content on torrent networks, but this has nothing to do with Tron or their integration plan. "
The user Reddit also adds:
" It could be possible that it is used for something illegal, the legal aspect will probably far outweigh the illegal and will be similar to the Internet with good and bad and memes. Except this would be a distributed Internet where you can not block memes. "