Justin Sun, the founder of Tron, unveiled BitTorrentX’s new website and upgraded version of DLive video streaming platform
In the recent Link the Future: BitTorrentX Product Release virtual conference on Dec. 16, 2020, Justin Sun – the founder of Tron – revealed the new BitTorrentX website and upgraded version of the video streaming platform DLive. In particular, DLive Protocol has implemented upgrades to facilitate user experience and reduce costs.
Tron will launch DLive Protocol new in BitTorrentX
At the conference, Sun first introduced a brand new website for the Tron ecosystem – BitTorrentX. It unifies peer-to-peer data storage BitTorrent, video streaming platform DLive, BitTorrent File System (BTFS), and BTT token.
But the most important conference announcement is dedicated to the decentralized DLive video protocol for streaming. DLive will be released in a new version as a result of many years of research and development. With updated peer-to-peer technology, streamers can interact with each other in a new way while streaming from anywhere at a low cost. Instead of passively using video content, viewers can launch their own buttons to aid in the distribution and sharing of video streams.
Sun claims that more relevant peer-to-peer initiatives can operate on the Tron Blockchain with the integration of the upgraded version of DLive.
The DLive team believes that the new release may appeal to users of existing video streaming platforms due to technical and source code advances.
Anthony Wade, technical director at DLive Protocol, said the migration will be smooth and seamless:
“DLive Protocol adds a new way to distribute your live stream at the end of your existing workflow. We currently target users of all live streaming services who utilize Open Broadcaster Software (OBS Studio) and simply add a new target for their output RTMP stream. So, as a streamer, you can use the same setup and production workflow that you use today.”
The DLive platform leverages the potential of decentralized entertainment.
This segment is crucial to global growth, adding Justin Sun:
“I truly believe that decentralized entertainment is the next big step in blockchain mass adoption.Together with the BitTorrent and DLive teams, we look forward to bringing disruptive innovations to the digital entertainment space, and create value for all.”
The Tron Foundation has achieved many important milestones in 2020. For example, the amount of USDT on Tron has grown to over $ 6 billion equivalent. In a partnership with BitGo payment processor, Wrapped Bitcoin (WBTC) and Wrapped Ethereum (WETH) were launched on Tron. Additionally, the popular DeFi Ampleforth (AMPL) will launch its own version of Tron-based.
Read more:
- Justin Sun: An Unknown Hacker Has Unsuccessfully Attacked The TRON Network During A Mainnet Upgrade
- Chinese Manufacturer Huawei Implements Tron’s BitTorrent Into Its Application Stack