Justin Sun’s startup TRON is buying BitTorrent, one of the largest decentralised computing architecture to distribute and store data for $140 million (Rs 952 crore) TRON is a relatively new entity in the cryptocurrency market but it has created quite a ripple due to its progress and its founder Sun’s informative and interesting insights on Twitter.As per a report by TechCrunch, shareholders of BitTorrent have received the paperwork to sign off the deal detailing the $140 million price. The paperwork also includes information about the cash payment by Sun and the cash that is to be distributed to the shareholders. As expected, there are some shareholders who are disputing these terms but it is unlikely that it will affect theacquisition.As per BitTorrent, they have about170 million users of their products currently.
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