Peer-to-peer service for data exchange BitTorrent has denied rumors about the use of crypto currency.
In a statement on the official website published on Tuesday, BitTorrent reports that it "does not plan to change" its business model and will not charge fees for its services. The company does not plan to engage in crypto-currency mining. Recall that BitTorrent was recently acquired by Justin San, head of the Tron Foundation.
The statement reads:
"BitTorrent was a pioneer in P2P file sharing, and we are confident that our vision of democratizing the Internet through decentralization, sustainable access to information remains relevant now as well as when we started."
How much does BitTorrent cost?
The first news about the acquisition of the company began to appear last week, and on Tuesday it became known that the transaction cost is allegedly $ 140 million. However, co-founder and former BitTorrent president, Ashvin Navin, called the figure at $ 120 million.
"The transaction price is about $ 120 million. I think that some of the figures known to the public are wrong, I think, the real cost is lower."
This news, coupled with the rest, led to the fact that the TRX rate jumped by 20%. Sun, speaking on the radio, said that he "fully trusts BitTorrent", but declined to comment on the further joint plans of the two companies. According to him, the news will appear next month.
So what to expect from BitTorrent?
On Tuesday, BitTorrent completed their post with the following words:
"We repeat that we remain committed to millions of our users around the world, and that we will continue to invest and innovate in BitTorrent and uTorrent products."