The launch of the previously announced decentralized P2P file storage system based on the BitTorrent token (BTT) will be held in the third quarter of this year.
BitTorrent File System (BTFS) will allow users to directly share files and use the resources of other network participants to store them, similar to the IPFS protocol, but with some improvements, including the blockchain integration itself, a user base of 100 million people and support by various development groups.
Additionally, Justin Sun, CEO Bittorrent and TRON founder, directly compared BTFS and IPFS.
Why #BTFS is better than #IPFS?
1⃣Extensive token accessibility
2⃣Bigger trading volume
6⃣100M user base
7⃣TronGrid infrastructure service
8⃣Dedicated global professional teams
9⃣High tech integration level pic.twitter.com/pkN5IQe3D8
— Justin Sun (@justinsuntron) May 31, 2019
The BTFS infrastructure will consist of 100 million BitTorrent user nodes, thousands of full TRON nodes, 27 super representative nodes and global TronGrid nodes.
Testing platform began in late May. After the official launch, a number of decentralized applications (dApps) will start to work based on BTFS.
Disclosure of new details about the upcoming launch of the platform did not help to avoid the BitTorrent token correction in the market, which followed after Bitcoin reached the $ 9000 mark.