According to the announcement, DLive and BitTorrent are now working together to further develop blockchain-based live streaming. DLive plans to advertise products and services on BitTorrent and use the BitTorrent File-Sharing System (BTFS), a distributed file sharing and storage system, as part of an effort to further decentralized its streaming content.
Additionally, DLive will be leaving the Lino blockchain and BTT will be replacing LINO as the platform’s main token for payments. DLive will support the Lino network throughout the duration of the transfer.
“DLive is one of the best real-world examples of what is possible when you combine blockchain and digital media,” said TRON Foundation and BitTorrent CEO Justin Sun. “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 also plans to merge its account system with BitTorrent’s to further integrate the two communities.
“We are ecstatic to have the opportunity to be part of the BitTorrent ecosystem,” added DLive CEO Charles Wayn. “I’ve watched them pioneer the digital peer-to-peer space. DLive’s goal of empowering creators and rewarding communities is one step closer with the amplification of this new venture.”
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