Blockchain-based content sharing platform DLive joins BitTorrent Ecosystem, to migrate to TRON Blockchain
Tue, 31 Dec 2019, 06:46 am UTC
Blockchain-based content sharing platform DLive will be joining the BitTorrent ecosystem and begin its migration to the TRON blockchain.
DLive and BitTorrent will team up to bring blockchain-based peer-to-peer content sharing, including live streaming, to everyone. The collaboration will also see DLive advertising its products and services on BitTorrent as well as using its newest service for storage.
Justin Sun, CEO of BitTorrent, touted DLive as a great solution for live media producers.
"DLive is one of the best real-world examples of what is possible when you combine blockchain and digital media," said Sun. "We look forward to DLive bringing value to the entire world with the addition of TRON and BitTorrent's global community of passionate creators."
With DLive joining the BitTorrent ecosystem, BitTorrent’s live streaming platform BLive will be merged into the DLive platform, and its team will join the DLive team. DLive will start utilizing the BitTorrent File-Sharing System (BTFS), a distributed file sharing and storage system, to make all content on DLive decentralized. It will also merge its account systems with BitTorrent's to further integrate each community with the other.
“With this collaborative effort, BitTorrent's 100 million monthly active users can easily gain access to DLive's service offerings; solidifying the live streaming giant as one of the largest in the world,” a press release said.
In September 2018, DLive migrated to the Lino blockchain test net. It can be recalled that PewDiePie began his first exclusive live stream on DLive in April this year. More recently, DLive introduced the new IDA – "Lemon" as the platform currency on the Lino blockchain.
DLive will continue supporting the Lino blockchain until the transition to the TRON blockchain is complete. The technical infrastructure of the Lino blockchain will be integrated into BitTorrent.
Also, LINO coin will no longer be the fundamental unit of value or utilization in the new ecosystem. DLive intends to offer various benefits and rewards to existing users to transition from the Lino blockchain onto the BitTorrent ecosystem and facilitate the integration of BTT into its existing ecosystem.
"We are ecstatic to have the opportunity to be part of the BitTorrent ecosystem," said Charles Wayn, CEO of DLive. "I've watched them pioneer the digital peer-to-peer space. DLive's goal of empowering creators and rewarding communities is one step closer with the amplification of this new venture."
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