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BitTorrent’s decentralized file sharing protocol BTFS launches its mainnet

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BitTorrent’s decentralized file sharing protocol BitTorrent File System (BTFS) has launched its mainnet.

The project seeks to become what developers describe as “the world’s largest and first scalable decentralized storage system.”

According to a blog post published on Oct. 1, BTFS boasts various new features and 3,000 new nodes have been rolled out. The post added:

“As October approaches, with BTFS integrated into the world’s largest P2P network, BitTorrent, BTFS has completed its official launch of the mainnet, representing a new starting point for BTFS and a big step towards the integration of BitTorrent ecosystem.”

BTFS promises to benefit 100 million BitTorrent users

BitTorrent announced BTFS at the end of May — immediately before it was acquired by decentralized blockchain platform Tron. Explaining the short-term plans for the protocol, the blog post added:

“This integration is expected to be completed in 2020. Meanwhile, BTFS will also be integrated with BitTorrent to benefit over 100 million users with its network services.”

As Cointelegraph recently reported, major cryptocurrency exchange Binance announced on Sept. 30 that it is removing a batch of 30 trading pairs from its listings, including one pair with BitTorrent’s token BTT.

Source: https://cointelegraph.com/news/bittorrents-decentralized-file-sharing-protocol-btfs-launches-its-mainnet

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