DLive is a social platform for sharing content using blockchain, and now they want to extend by seriously migrating to the TRON ecosystem supported by Tron Foundation. The platforms will make sure that the customers are getting the service of content sharing, video streaming and more. The BitTorrent network will show advertisements of DLive, and serve as the file storage for the company.
Justin Sun Buying Companies: Plans a Business Empire?
DLIve is in development for the last 15 months. Charles Wayn, CEO of DLive says that he was watching the beginning of the field. DLive wants to reward the creators and empower communities to make them one step closer to worldwide success.
Per Justin Sun, TRON lead maintainer:
“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. DLive is one of the best real-world examples of what is possible when you combine blockchain and digital media.”
Interestingly, TRON had introduced a BLive video streaming service earlier in 2019. But now DLive and BLive will unite the teams.
Lino Network Will Join the BitTorrent’s Emporium
BitTorrent foundation signs one agreement after another in recent days. The ACE Protocol Foundation is the organization that researches long-term sustainable economies of content sharing. They have warm relationships with the DLive system. However, joining the TRON ecosystem means the end of support for the native Lino token. Looking in the official announcement, we see that Lino Network is leaving its old coins and the blockchain too. This may be a breaking point in the industry, where we finally understand that people with organizing skills shouldn’t create a separate blockchain for every purpose. The announcement reads:
“In conjunction with this partnership, the foundation will no longer support the Lino blockchain and the Lino coins. The foundation is currently working with the BitTorrent foundation on a plan to introduce the BitTorrent protocol and the BTT tokens to the Lino community. Further details are expected to be provided on January 15, 2020, for Lino coin holders and Lino blockchain validators.”
Indeed, a much better solution is to unite and work on one project using the experience from several different teams and ventures. A fact worth noting here is that the DLive team wishes to support the Line blockchain till they fully migrate to TRON. This means merging the accounts of DLive with the BitTorrent system, as well as utilizing BTFS to foster the decentralization of the network.
Jeff Fawkes is a seasoned investment professional and a crypto analyst covering the blockchain space. He has a dual degree in Business Administration and Creative Writing and is passionate when it comes to how technology impacts our society.