Blockchain company Tron buys BitTorrent
A blockchain startup called Tron has closed its deal to buy the file-sharing service BitTorrent . Neither side disclosed how much Tron paid, but TechCrunch reports the price was around $126 million in cash. BitTorrent's staff will work out of Tron's San Francisco office. Tron founder Justin Sun says the deal makes his firm the "largest decentralized Internet ecosystem in the world." BitTorrent said in a statement last month it " has no plans to change what we do or charge for the services we provide. We have no plans to enable mining of cryptocurrency now or in the future." But it's not clear if Tron has different plans, such as prompting its new userbase to start mining its TRX cryptocurrency. One thing's for sure: the BitTorrent and uTorrent clients are not going away, nor should its more than 100 million active users have t...