Blockchain platform Tron, which is behind the decentralized, web focused cryptocurrency tron TRX, announced plans to develop a BitTorrent-based version of decentralized file system InterPlanetary File System (IPFS). The development was shared in a press release with Cointelegraph on May 30.
Per the release, the BitTorrent File System (BTFS) is a variant of the aforementioned open source IPFS software and will “allow users to receive and host storage on their computers with other individuals and businesses.” Internal testing of the BTFS protocol reportedly already started in late May. Justin Sun, founder of Tron and — since the acquisition in June last year — CEO of BitTorrent, commented on the development:
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