Cryptocurrency News

BitTorrent Products’ Usage Scales a New High in Q1

In big achievement for BitTorrent, the usage of its products has scaled a new high. Additionally, the products of BitTorrent have also accomplished several landmarks as far as mass adoption is considered for Quarter 1 in 2020. Among the various achievements, BitTorrent products’ 30 percent usage rise is counted among the most noticeable jumps of the Tron Foundation family.

According to reports, BitTorrent or BTT usage recorded a surge of 6 million just in the last month, which is 30 percent higher from the earlier month. According to estimates, BitTorrent’s DAU is expected to be at 30 million in April. Window customers emerged as one of the most popular among all the BitTorrent implementations since the on-boarded 2.1 million users last month.

It is worth mentioning that DLive managed to distribute streaming platform that has showcased most stunning rise. Daily and total number of users doubled alike in the specified period, and these figures are likely to go higher in Quarter 2.

DLive offers chat, music, and live streaming covering games, among other types of daily life-related content. Now the platform seeks to emphasize video game streaming, and a large number of its users speak the English language.

DLive is scheduled to leverage BTFS to accomplish complete decentralization for the entire content available at its platform. BTFS is a distributed file sharing and storage system under BitTorrent.

Reports state DLive will enter into an alliance with BitTorrent to announce a blockchain-based live streaming and P2P content sharing applications for all the users.

BitTorrent Speed was launched by Tron in 2019 and has already gained massive popularity. Ever since TRON has acquired BitTorrent, it has introduced several products, namely BTFS, BitTorrent Speed, BLive, and Dlive.

TRON continues to ship BTFS Daemons to BT Windows and BT classic clients since 2019. Presently, all BT classic new installs are associated with BTFS that led to more than 68000 new opt-in users from TRON and more than 3500 active nodes.

It is expected that the coming days will be full of accomplishments for BitTorrent.

Marisol Contreras

Marisol is a crypto analyst and crypto trader. She invests in various cryptocurrencies and has a great idea about the finance market. She works as a chief editor of our team and makes the latest crypto news. She can be contacted by email: marisol@forexnews.world.

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