BitTorrent is pleased to announce its plans to introduce decentralized storage as another blockchain solution into the BitTorrent ecosystem. BTFS, which is a variant of the open-source InterPlanetary File System (IPFS) protocol, will allow users to receive and host storage on their computers with other individuals and businesses.
By beginning testing of BTFS in May, BitTorrent took the first step towards creating a distributed web platform powered by blockchain technology.
“BTFS is a continuing step in our mission to create a decentralized internet that allows everyone to share in the wealth of web commerce,” said Justin Sun, founder of TRON and CEO of BitTorrent. “We’re creating a platform with BTFS, BitTorrent Speed blockchain integration and the BTT utility token to let users quickly and privately interact with each other around the world without a middleman or government intervention.”
With BTFS, BitTorrent plans to become the world’s largest distributed storage and media sharing network. Internal testing began this quarter, with full implementation expected by the end of the first quarter of 2020.
In Q3 2019, BTFS Mainnet will be launched for public access and will power all TRON decentralized applications that require a decentralized storage network, and preliminary developer tools will be available.
For more information on BTFS and its roadmap, please visit https://www.bittorrent.com/btfs.