TRON (TRX)–Following up on last month’s promise of a “secret project” to be released on July 30th, founder Justin Sun and the TRON Foundation have announced Project Atlas, a system designed to strengthen the foundations of TRON and make the currency more efficient in relation to the new BitTorrent acquisition.
TRON’s Secret Project & Torrenting
In June, during a live stream event to commemorate the Independence Day for TRON, Founder Justin Sun expanded upon the TRON Virtual Machine (TVM), in addition to teasing a new project announcement for July 30th. While most of the TRON community assumed the announcement would be in relation to Sun purchasing BitTorrent, thereby integrating the 100+ million users onto the TRX Main Net, news broke last week that the merger was taking place ahead of the July 30th announcement. Instead, the TRON Foundation provided a twist on the currency’s update, revealing details on Project Atlas, a program designed to improve upon the existing framework of Main Net and the cryptocurrency.
Faster, safer, more reliable. The future of the decentralized internet is here, make sure to jump on-board #TRONBT $TRX 🚀 pic.twitter.com/Y155mkhp2I
— TRON Foundation (@Tronfoundation) July 24, 2018
While details surrounding the project are sparse, Sun outlined on his Twitter that the new TRON protocol will work in conjunction with the BitTorrent merger, allowing a “great future for both.” In addition, the Open Letter published today to accompany the Beta Launch of the TRON Virtual Machine, states that the acquisition of BitTorrent will allow for TRON to grow exponentially in the cryptocurrency space,
“The acquisition enables TRON and BitTorrent to become the largest decentralized ecosystem in the world.”
#TRON’s #TVM beta launched today! 15 GRs have been replaced by #TRONSR. Block height has reached 1M+. 40+exchanges have completed token migration to $TRX. Project Atlas with @BitTorrent will bring forth great future for both! TRON to the future! https://t.co/XbSKoU2KP9 pic.twitter.com/3rHLK8r2qH
— Justin Sun🌞 (@justinsuntron) July 30, 2018
Again, details are scant, but the aforementioned improvement to TRON’s network efficiency that Atlas will bring about likely seems tied up in improving the function of torrenting on the platform. TRON has yet to outline the exact way BitTorrent will function in conjunction with TRON’s Main Net, in addition to what the cryptocurrency plans to implement in order to scale to levels necessary to handle the volume of torrent based transactions. In a section of the letter addressing the TRON Secret Project and BitTorrent merger (which was announced last week), the TRON Foundation had this to say,
“Currently, we are exploring the possibility of using the TRON protocol to improve the BitTorrent protocol, in order to make BitTorrent protocol faster and lengthen the lifespan of BitTorrent swarms. I hope the integration of TRON and BitTorrent will allow both parties to work better as one in the future.”
TRON does mention their intention to provide incentives for network users to continue to seed files following their download, thereby infusing greater resources into the torrenting ecosystem and improving the experience and utility of the system. If nothing else, TRON intends BitTorrent to be their major differentiating factor from other network currencies on the market, while focusing on how cryptocurrency can improve the overlapping, decentralized world of torrenting,
The TRON network will serve as the underlying protocol of the Secret Project. Hundreds of millions of BT users across the globe will become a part of the TRON ecosystem. BT will be the largest application on the TRON network, which will allow TRON surpass Ethereum on daily transactions and become the most influential public blockchain in the world.
