Home CryptoNews Companies Justin Sun Introduces File Storage Services on BitTorrent Platform

Justin Sun Introduces File Storage Services on BitTorrent Platform

It is yet another time that Justin Sun is introducing a new service on file sharing platform BitTorrent by making its users have a platform they can hold their larges files through a file storage system.

Through the latter, BitTorrent users now have a dedicated place to store their digital information with ease. The file storage system will enable them to store their data on other people’s computers through a peer to peer network.

justin sun bittorrent-btfs

To successfully integrate the file storage system, developers have to initiate a hardfork on InterPlanetary File System codebase. The hardfork will provide a base for the yet to be launched file storage service. The latter is an open source platform for decentralized file storage, and through initiating the hardfork, BitTorrent developers can integrate into the latter system.

Although the file storage system has not been unveiled for usage, developers have scheduled the mainnet launch on Q3 this year.

After the launch of BitTorrent File System (BTFS), the storage service will also be available to developers of decentralized applications running their applications on Tron blockchain ecosystem. Through BitTorrent File System (BTFS) they will have dedicated storage space for their content.

However, while all developments are taking place behind the scene, for one to use the file storage service, they must have a BitTorrent token (BTT). BTT will enable you as a Tron user to use the new services.

Although experts around the globe point out that the management behind BitTorrent token is finding ways to make their BBT token applicable and useful for Justin Sun Tron CEO, he has a different view.

According to him, the introduction of the BitTorrent File System (BTFS) was designed to enable users to interact with each other in a quick and privately manner regardless of their location.

At the same time, the platform ensures users can interact with each other without having to deal with government or intermediary’s intervention.

Alfonso Martínez
Cryptocurrency enthusiast since 2015, a lover of blockchain technology and everything around her. He joined the Crypto Economy team in 2018 as a content editor specializing in SEO. He is also responsible for the Social Networks of the platform.
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