The Tron Foundation acquired video streaming platform DLive and will integrate the platform into the Tron and BitTorrent blockchain ecosystem. DLive merges with BitTorrent’s BLive and as a result users of the BitTorrent and uTorrent desktop and mobile apps get access to the video service. The companies involved announced the deal on Monday.
“DLive is a great solution for live media producers. Think of how valuable live streaming content is already to centralized social media platforms who take ownership and advantage of their users’ hard work. We look forward to DLive bringing value to the entire world with the addition of TRON and BitTorrent’s global community of passionate creators.”Justin Sun – press release December 30th 2019
The DLive video platform is currently running on the Lino blockchain, but will move to BitTorrent’s BTFS system. They will announce plans for the future of Lino on January 15th 2020. DLive will support the Lino blockchain until the transition to the Tron blockchain has been completed.
DLive already has five million monthly active users (MAU), including top gaming influencer PewDiePie. Two months ago the video platform announced a partnership with Theta Labs. They did this to expand computing power and cut operational costs. As a result of the partnership between Tron, BitTorrent and DLive, it’s likely that the Theta Labs partnership is cancelled.
DLive and BLive will merge, both incorporated into BitTorrent and uTorrent apps. DLive is now part of the Tron ecosystem, and it gets to use BitTorrent File System (BTFS) for storing files and streaming video.
What is BitTorrent File System?
The major advantage of the BitTorrent File System over a normal server are its decentralized features. BTFS can guarantee a 100 percent up time for all content stored on its network.
Users will be able to use the BitTorrent client to reserve hard disk space for storage. The system automatically sends rewards to the integrated wallet. The network never stores data in one place, but splits it up in pieces and sends it all over the network. This guarantees that files are always accessible.
Also published on Medium.