Justin Sun’s BitTorrent Onboards Largest Decentralized Live Streaming Platform DLive

2020-1-1 22:18

On December 30, BitTorrent made the announcement that the blockchain-based platform DLive is going to join its ecosystem.

This partnership will give BitTorrent’s monthly active users, who are more than 100 million, the opportunity to share peer-to-peer content and to live stream. This is what the CEO of BitTorrent, Justin Sun, had to say about decentralized content platforms:

“It’s unfortunate to see content platforms such as YouTube taking down crypto-related content, this is the issue with centralized agencies. Decentralized content platforms such as TRON’s newest partner DLive are the platforms of the future.”

DLive Hosts PewDiePie and Other Famous YouTubers

Launched almost 2 years back, DLive already has 5 million users that are active every month, plus an interesting live streaming lineup of YouTube celebrities that use it for co-streaming. These celebrities include PewDiePie, James Charles, Ninja, and Jack Black. Sun said DLive is a leader in the blockchain-based live streaming world.

DLive’s Account Systems Will Merge with BitTorrent’s

In order to integrate communities further, the DLive account systems will merge with BitTorrent’s. BLive, which is a BitTorrent live streaming platform launched at the beginning of 2019, is going to migrate and merge with DLive, while DLive will introduce ads for their services and products into the BitTorrent networks.

DLive Is Going to Migrate to the TRON Blockchain

The collaboration will have DLive migrating to the TRON blockchain. TRON was acquired in July 2018 by BitTorrent to create the largest file-sharing decentralized protocol. Currently working on the Lino blockchain, DLive will continue to support Lino until it has completely transitioned to TRON.

However, the LINO cryptocurrency DLive is using to pay content makers is no longer going to be the main unit of value. DLive will offer rewards and benefits to its existing users that make the transition into the BitTorrent ecosystem by using BitTorrent’s BTT cryptocurrency. The BitTorrent Filesharing System (BTFS) will be used by DLive as well.

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