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Satoshi Nakamoto showed interest in TRON’s newly acquired BitTorrent

02 Aug, 2018
by Richard Allen
News
Satoshi Nakamoto showed interest in TRON’s newly acquired BitTorrent

Founder of TRON Justin Sun is one of the crypto sphere’s most loved personalities. He’s recently made headlines again following TRON’s acquisition of BitTorrent and a comment made by the enigmatic bitcoin creator Satoshi Nakamoto.

According to the DailyHodl, Nakamoto wrote a series of emails back in 2008 on his plan to create “a new electronic cash system that’s fully peer-to-peer, with no trusted third party.” Essentially, he’s suggesting bitcoin needed to exist within a peer-to-peer network for the currency to gain monetary value.

He also gave some insight into why decentralized networks are avoiding repercussions from governments.

“For transferable proof of work tokens to have value, they must have monetary value. To have monetary value, they must be transferred within a very large network – for example a file trading network akin to bittorrent. Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.”

Then recently, Justin Sun revealed his plan to incorporate the TRON protocol into BitTorrent to reward users who share content.

“At this point, there is no incentive for peers who have completed downloading to continue to seed. We intend to extend the rewards to peers who seed torrents, infusing more resources into the current ecosystem…”

So, while it is unlikely that Justin Sun is actually Satoshi Nakamoto, given that Sun would had to have been around 15 at the time Bitcoin was created. What’s more likely is Sun was aware of Nakamoto’s statement and decided to go ahead and do it before someone else did.

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Read more about:TRON (TRX)

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