TRON Foundation just announced on its Medium blog this morning the successful acquisition of BitTorrent.

From now onwards, BitTorrent has become part of the TRON ecosystem, making TRON the largest decentralized Internet ecosystem in the world.

Rumors that the acquisition had been completed emerged as early as June 11, when BitTorrent employees reportedly received an email notifying them of the company’s new owner.

Talking about the acquisition of BitTorrent, the founder of TRON, Justin Sun, said:

“The BitTorrent acquisition embodies TRON’s ‘All-In Decentralization’ strategy. TRON and BitTorrent share the same vision for a decentralized Web. I believe BitTorrent will gain new life from integrating into the TRON ecosystem, and TRON will continue BitTorrent’s protocol legacy.”

BitTorrent will continue operating from TRON’s new San Francisco location, which is now the center of operations for the company’s global market expansion.

After BitTorrent was developed in 2001, its global application has only been increasing. And this makes it the first Internet decentralized protocol to achieve that.

Read More: https://news.bitzamp.com/trons-userbase-grows-by-100-million-following-bittorrent-acquisition/