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ToTheMoon

9 Jul 2018, 12:05

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​​XUNLEI CLOUDY PROVIDER LAUNCHES THE FILE SYSTEM BASED ON BLOKCHEIN

Chinese technology company Xunlei Limited, known as BitTorrent from China, announced on Friday that it has launched a new distributed file system designed to support the blockchain platforms.
It is expected that the ThunderChain (TCFS) file system, as well as the three ThunderChain Request for Comments (TRC) standards, will help support the development of the blockchain. The new file system, in particular, is aimed at integrating the functions of existing platforms, such as IPFS and Filecoin, as well as adding new security features and flexibility.
This news came during a ceremony held in Shenzhen, China before the company unveiled the winners of the international call for applications for funding, which she sponsored. Xunlei first announced the launch of ThunderChain in April, when the company announced that its new unit would be able to provide "processing power in millions of transactions per second".
The new TCFS network was created specifically for blockbuster platforms, such as ThunderChain. TRC standards are aimed at helping to create an ecosystem by allowing third parties to use the company's blockchain.
Xunlei CEO Lei Chen said in a statement that the company "seeks to strengthen people's power through technological innovation," David:
That's why we introduced the ThunderChain file system and other new initiatives, as we continue to help developers develop the real value of the blockchain. We are also pleased to see a large number of practical blockchain-projects developed in the course of this task and would like to thank everyone for their great contribution.
It is noteworthy that the company entered the blockchain industry only in October, but since then it has already been subjected to two ongoing legal claims for the alleged initial offer of coins (ICO) from its investors.

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