September 22, 2020

Justin Sun Announces Official Launch of BTFS Core Network

Justin Sun Announces Official Launch of BTFS Core Network

In July, Tron Foundation launched a test mode BitTorrent File System (BTFS) - a network for storing and sharing files between users using the BitTorrent token. The network was available on the Tron blockchain, and also had to be integrated into the BTT ecosystem.

Today 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, they said, soon the fund plans to launch a comprehensive set of tools, a solution to accelerate the work of BTFS and several decentralized BTFS applications.

According to the materials eng.ambcrypto.com