Crypto-Powered Livestreaming Platform DLive to Join BitTorrent Ecosystem, Migrate to TRON

The cryptocurrency-powered livestreaming platform DLive is joining the BitTorrent ecosystem, in a move that will see it migrate from the Lino blockchain to TRON.

According to an announcement post on BitTorrent’s Medium blog, both DLive and BitTorrent will be “working together to bring blockchain-based peer-to-peer content sharing, including live streaming, to everyone.”

To expand, DLive will be advertising its products and services on BitTorrent, and will integrate the team BitTorrent had working on BLive, a live streaming project it announced earlier this year. IT will also be using the BitTorrent File-Sharing System (BTFS), a distributed file sharing and storage system that’ll allow it to further move towards decentralization.

The announcement further notes DLive will merge its account systems with those of BitTorrent, which means its 100 million monthly active users will be able to easily access DLive’s offerings.

DLive’s CEO, Charles Wayn, was quoted as saying:

We are ecstatic to have the opportunity to be part of the BitTorrent ecosystem.  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.

DLive was launched two years ago and has over five million monthly active users. Its popularity surged after it signed a deal with YouTube star PewDiePie, for him to exclusively start streaming on the cryptocurrency-powered platform. Since then, PewDiePie brought in various internet celebrities to his streams in DLive, including Ninja, James Charles, and Jack Black.

DLive currently runs on the Lino blockchain, and will continue to support it until its transition to the TRON blockchain is complete. The Lino blockchain’s infrastructure will be integrated into BitTorrent, but the LINO token that’s currently used to reward creators will be replaced with BitTorrent’s BTT.

To facilitate its integration, the announcement reads, DLive is expecting offer “various benefits and rewards to existing users.”

Featured image by Caspar Camille Rubin on Unsplash.

Coinbase, EOS Community Clash Over Supposed ‘Degraded Performance’

Francisco Memoria

The San Francisco-based cryptocurrency exchange Coinbase has been clashing with the EOS community on social media over supposed “degraded performance” the EOS network has been suffering.

According to a tweet published by one of Coinbase’s official accounts, the EOS network is experiencing “degraded performance levels” and as a result EOS sends have been disabled, while receives may be delayed. Coinbase’s status page shows it has been seeing degraded performance on the network for four days.

In February 17, Coinbase also noted there were delays in EOS sends/receives as it was working “rough a backlog of outgoing EOS transactions.” Responding to Coinbase EOS New York, a major EOS block producer, claimed the network was fully functional and that the problem came from the cryptocurrency exchange itself.

On Reddit, EOS New York wrote that the “network is operating fine and Coinbase is shifting blame away from their internal infrastructure problems.” It added no other entity reported issues and that instead the exchange could reach out to block producers for free help.

EOS Nation, another major EOS block producer, responded to the exhcnage saying the network did face some hiccups but is nevertheless “extremely reliable.”

Some speculate the EOS network may still be facing congestion from time to time over the controversial EIDOS airdrop, that put the network into a “congestion mode” late last year and forced Coinbase to raise the amount of staked CPU on its wallets to process transactions.

Some believe the EIDOS airdrop is being run to make EOS’s shortcomings stand out and incentivize users to use other blockchains using the EOSIO software, created by the company Block.one. Voice, the social network the company is set to launch ,is for example launching on a “purpose-made EOSIO blockchain.”

Featured Image Credit: Photo via Pixabay.com