Tron's "secret project" has been "launched". It's called Atlas, and it's exactly what I said it was going to be.
https://ambcrypto.com/tron-trx-secret-project-unveiled-by-justin-sun-project-atlas/
At present, there are no incentives for peers who have completed downloading to continue to seed.
The Foundation intends to extend rewards to peers who seed torrents infusing more resources into the Torrent ecosystem.
Justin Sun, founder of Tron, has a reputation of hyping up the platform only to let down investors when the day finally arrives. This day is no different. He made a big deal about how punctual Tron is; always fulfilling their promises on time. However, I distinctly recall him claiming the secret project would be launched today. Telling us what it is isn't launching it. This caused me to lose a little money on my recent Tron gamble. Tron prices have pulled back just like the always do after a failed hype up. When is Justin going to realize that the hype that he creates always seems to backfire?
I'm not surprised at all honestly. I thought it was very strange that the word launch was used so many times. I knew that developing that technology would take a lot longer than the BitTorrent/Tron dev team has been given.
One thing I just realized is that the system would have to be an open market. You can't force a certain price rate. Each file has it's own supply and demand and each seeder is willing to give up that file for a certain amount of coin.
If the price was fixed you'd get scenarios where no one wanted to download a file even though there were tons of seeders because the price was too high. Conversely, a file with very high demand and no seeders and a fixed price wouldn't be incentivizing seeders to stay and help seed the file.
A variable price market will allow the owners of IP to come in and charge a premium for their files. People will pay more money to them simply because it's legal. This is how you bring corporations to the table.
Also, this gives financial incentive for hackers to crack games and put them up virus free, because they can now get paid simply from cracking the game instead of infecting your computer with adware or cryptojackers.
Conclusion
Project Atlas may not be here yet, but once it's here Tron will no longer be a blank slate platform with nothing but potential and speculation. Instead, users will come to Tron because they actually want to use its services. The waiting game continues.
Return from Project Atlas to edicted's Web3 Blog
