Inventor Of BitTorrent Has Left The Company After TRON Acquisition
Shrikar Parashar Posted On August 20, 2018 
Bram Cohen who is the founder of BitTorrent has reportedly left the company after the acquisition by the Blockchain startup Tron foundation.
The BitTorrent acquisition was one of the biggest developments in the Tron community, a step towards making the web decentralized according to Tron’s vision. BitTorrent was acquired for $140 Million back in May as reported by Blockmanity and made it public in July.
Now according to a report from Torrent Freak, the founder of BitTorrent Bram Cohen is no longer a part of the team and is said to be working on his own environment-friendly Cryptocurrency called Chia which uses the proof of space consensus mechanism.
When Torrent Freak team reached out to Bram asking about his involvement with Tron, he responded with “I have no involvement with Tron,”. Although he was the tech lead in BitTorrent his involvement with the company is said to have decreased since last year.
No official statement has been released yet by Bram of the Tron team.
The aim of Tron is to introduce a reward system to the existing infrastructure of BitTorrent for the seeders to get rewarded with the Tron Cryptocurrency (TRX).
BitTorrent is one of the most visited websites in the world which gets Millions of users every day, monetizing it could be a big deal.
Image Source: Twitter
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
