Tron (TRX) is an altcoin which at the time of writing, costs around $0.03 USD, according to Coinmarketcap.
Its CEO, Justin Sun has experience in working for Ripple (XRP) and Bittorent. Recently, he announced that the community works on a new project, Atlas, which will connect the strong file-sharing power of BitTorrent to the Tron platform. In an interview with Investopedia, the young developer said that:
We’re aiming to complete one of our key milestones in the fourth quarter: to combine TRON and BitTorrent and create a unique and outstanding product. We will leverage TRON’s blockchain expertise to enhance the decentralized BitTorrent protocol, which has over 100 million monthly active users.
The partnership is still under reviewal but is supposed to be finished in the first quarter of 2019. Project Atlas will substantially upgrade the existing protocol of BitTorrent by adding a blockchain layer and custom tokens.
Using a set of BitTorrent protocol extensions, a custom token, and an in-client token economy to address existing limitations, the company aims to open a new borderless economy, where users can exchange value for computer resources on a global scale.
Users, the young CEO pointed, will be able to download and seed files with their existing profiles. But the optimal goal is a ‘new generation’ of a decentralized file-sharing network where clients can earn or spend tokens.
Justin Sun also explained that Tron will soon exceed the Ethereum because the company struggles to bring faster and cheaper operations, accessibility and better community environment for the developers. The startup launched a Tron Virtual Machine earlier this year to ease the process of creating new applications.