October 14, 2024

Justin Sun Announces Official Launch of BTFS Core Network

Justin Sun Announces Official Launch of BTFS Core Network

In July, the Tron Foundation launched the BitTorrent File System (BTFS) – network for storing and sharing filesbetween users using the BitTorrent token. The network was available on the Tron blockchain and was also intended to be integrated into the BTT ecosystem.

Today, company CEO Justin Sun announced the official launch of the network, along with the integration of the new system into BTT. 

BTFS offers the ability to share filesdirectly, using the resources of other network participants to store them, and also offers lower prices, reliability and better decentralization thanks to a flexible storage service and blockchain.

BTFS aims to become the world's largest and first scalable decentralized file storage system.

Representatives of the Tron Foundation reported that BTFSaims to become the world's largest and first scalable decentralized file storage system. In addition, according to them, the fund plans to soon launch a comprehensive set of tools, a BTFS acceleration solution and several BTFS decentralized applications. 

Based on materialseng.ambcrypto.com