Thread by @justinsuntron

Major @BitTorrent Announcement! 

(1/8) @BitTorrent today announced the acquisition of live streaming platform, @OfficialDLive and plans to migrate all BitTorrent related services to one unified ecosystem named BitTorrent X powered by #BTT.

(2/8) BitTorrent X represents the transformation of @BitTorrent, a world-renowned peer-to-peer service from a software company into a conglomerate of decentralized storage and data protocols and content distribution platforms.

(3/8) @BitTorrent started as a data transferring protocol used not long by over 2 billion users but also some tech giants such as @Facebook, @Twitter and @Blizzard. It also inspired the design of @Bitcoin and the movement of #decentralization.

(4/8) After I acquired it back in 2018, @BitTorrent carried on its current business meanwhile exploring more ways to collaborate with cryptocurrency #BTT and bring blockchain and cryptocurrency to mass adoption.

(5/8) BitTorrent X exemplifies a new era of @BitTorrent, not only being a household name in data sharing but also a new ecosystem supported by the next-generation infrastructure for decentralized data storage.

(6/8) BitTorrent File System, or @BTFS, distribution @BitTorrent, and now streaming DLive.tv and Decentralized live streaming protocol, DLive Protocol will all be unified under BitTorrent X. The next step in establishing a truly decentralized internet.

(7/8) In one big step, the BitTorrent X ecosystem may drive blockchain-related tools to billions of devices. Hundreds of millions of users will have access to the next era of tools to share, store, and stream their content directly to anyone across the web.

(8/8) More details about BitTorrent X to come during a live event in November.