Creator of BitTorrent – Bram Cohen – Cut Ties with Project after Tron (TRX) Acquisition

Bram Cohen – the inventor of BitTorrent – has called it to quit with the file-sharing project that he started about 18 years ago after the CEO of Tron (TRX) – Justin Sun, acquired the project.

Bram Cohan Cut Ties with the Project

According to TorrentFreak (an industry publication), Bram Cohan – the inventor of the P2P BitTorrent protocol back in 2001 and founded the BitTorrent Inc. back in 2004 – has called it quits with the project. Cohen told the publication that “he has no involvement with the blockchain project – Tron (TRX).”

The inventor had already stepped aside from the daily operations of BitTorrent since last year to focus on a new project, according to TechCrunch. But according to the publication, Cohan said he was still on the firm’s Board of Directors.

The inventor has confirmed that he no longer has an official role at the firm, which Rainberry Acquisition Inc. (owned by Justin Sun) acquired for $120 million back in July. However, this is not because he is opposed to digital currency.

Cohan is a Bitcoin (BTC) skeptic, and he is currently working on a new project – an “eco-friendly” digital currency called Chia Network. When Cohan announced this project in 2017, he said that the project would be launched fully by the end of this year.

Cohan Is Not the Only One that Used the Exit Door

Cohan is not the only member of the firm that left after it was acquired by Justin Sun, even though the blockchain project wants to ramp up hiring at the firm. Since the acquisition, five employees have left the firm to pursue other things such as new opportunities or further education.

TRON (TRX) Price Today – TRX / USD

NamePrice
bitcoin
Bitcoin
$13,017.58
tron
TRON
$0.027

At the time of writing, Tron (TRX) is trading at $0.0213 after an increase of about 2 percent over the past twenty-four hours. The current market cap of the digital currency is $1.4 billion and its trading volume over the past twenty-four hours is $102.73 million.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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