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BitTorrent, Inc.
Rainberry, Inc., formerly known as BitTorrent, Inc., is an American company responsible for μTorrent and BitTorrent Mainline. The company was founded on September 22, 2004 by Bram Cohen and Ashwin Navin. It was successful during the Great Recession under the leadership of CEO Eric Klinker. In 2018, the company was acquired by cryptocurrency startup TRON, and Bram Cohen left the company. In March 2022, the SEC charged Rainberry with fraud for selling cryptocurrencies Tronix (TRX) and BitTorrent (BTT) as unregistered securities. History The company was founded in 2004 by Bram Cohen and Ashwin Navin, and became the inventor of "μtorrent and BitTorrent software and a pioneering San Francisco company in decentralized peer-to-peer file sharing technology." According to the ''San Francisco Times'' at its peak, BitTorrent in the early 2010s had up to a quarter billion active monthly users, while its protocol "accounted for virtually half of file-sharing bandwidth on the Internet. ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Justin Sun
Justin Sun ( zh, s=孙宇晨, p=Sūn Yǔchén; born July 30, 1990) is a Chinese-born Kittitian crypto billionaire and businessperson. He is the founder of TRON, a cryptocurrency with an associated blockchain DAO ecosystem and USDD, a stablecoin issued by TRON DAO Reserve. Sun is also the owner of Rainberry (formerly Bitorrent Inc.), which developed the BitTorrent protocol and under Sun's leadership developed the BTT cryptocurrency token. Sun also owns the crypto exchange Poloniex, and is affiliated with the crypto exchange HTX (formerly Huobi). Sun served as Permanent Representative of Grenada to the World Trade Organization (WTO) in Geneva from 2021 to 2023. Early life and education Sun was born in 1990. He holds a Bachelor of Arts degree with a major in history from Peking University and a Master of Arts degree in East Asian studies from the University of Pennsylvania. At the University of Pennsylvania, Sun became interested in cryptocurrency and invested early in bitco ...
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Android (operating System)
Android is an operating system based on a modified version of the Linux kernel and other open-source software, open-source software, designed primarily for touchscreen-based mobile devices such as smartphones and tablet computer, tablets. Android has historically been developed by a consortium of developers known as the Open Handset Alliance, but its most widely used version is primarily developed by Google. First released in 2008, Android is the world's Usage share of operating systems, most widely used operating system; the latest version, released on June 10, 2025, is Android 16. At its core, the operating system is known as the Android Open Source Project (AOSP) and is free and open-source software (FOSS) primarily licensed under the Apache License. However, most devices run the proprietary software, proprietary Android version developed by Google, which ships with additional proprietary closed-source software pre-installed, most notably Google Mobile Services (GMS), which ...
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BitTorrent Client
The following is a general comparison of Glossary of BitTorrent terms#Client, BitTorrent clients, which are computer programs designed for peer-to-peer file sharing using the BitTorrent, BitTorrent protocol. The BitTorrent protocol coordinates segmented file transfer among Glossary of BitTorrent terms#Peer, peers connected in a Glossary of BitTorrent terms#Swarm, swarm. A BitTorrent client enables a user to exchange data as a peer in one or more swarms. Because BitTorrent is a peer-to-peer communications protocol that does not need a server (computing), server, the BitTorrent definition of ''client'' differs from Client (computing), the conventional meaning expressed in the client–server model. Bram Cohen, author of the BitTorrent protocol, made the first BitTorrent client, which he also called BitTorrent (software), BitTorrent, and published it in July 2001. Many BitTorrent programs are open-source software; others are freeware, adware or shareware. Some download managers, suc ...
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Closed Source
Proprietary software is software that grants its creator, publisher, or other rightsholder or rightsholder partner a legal monopoly by modern copyright and intellectual property law to exclude the recipient from freely sharing the software or modifying it, and—in some cases, as is the case with some patent-encumbered and EULA-bound software—from making use of the software on their own, thereby restricting their freedoms. Proprietary software is a subset of non-free software, a term defined in contrast to free and open-source software; non-commercial licenses such as CC BY-NC are not deemed proprietary, but are non-free. Proprietary software may either be closed-source software or source-available software. Types Origin Until the late 1960s, computers—especially large and expensive mainframe computers, machines in specially air-conditioned computer rooms—were usually leased to customers rather than sold. Service and all software available were usually supplie ...
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Freeware
Freeware is software, often proprietary, that is distributed at no monetary cost to the end user. There is no agreed-upon set of rights, license, or EULA that defines ''freeware'' unambiguously; every publisher defines its own rules for the freeware it offers. For instance, modification, redistribution by third parties, and reverse engineering are permitted by some publishers but prohibited by others. Unlike with free and open-source software, which are also often distributed free of charge, the source code for freeware is typically not made available. Freeware may be intended to benefit its producer by, for example, encouraging sales of a more capable version, as in the freemium and shareware business models. History The term ''freeware'' was coined in 1982 by Andrew Fluegelman, who wanted to sell PC-Talk, the communications application he had created, outside of commercial distribution channels. Fluegelman distributed the program via the same process as ''shareware''. As s ...
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Mac OS X
macOS, previously OS X and originally Mac OS X, is a Unix, Unix-based operating system developed and marketed by Apple Inc., Apple since 2001. It is the current operating system for Apple's Mac (computer), Mac computers. Within the market of Desktop computer, desktop and laptop computers, it is the Usage share of operating systems#Desktop and laptop computers, second most widely used desktop OS, after Microsoft Windows and ahead of all Linux distributions, including ChromeOS and SteamOS. , the most recent release of macOS is MacOS Sequoia, macOS 15 Sequoia, the 21st major version of macOS. Mac OS X succeeded classic Mac OS, the primary Mac operating systems, Macintosh operating system from 1984 to 2001. Its underlying architecture came from NeXT's NeXTSTEP, as a result of NeXT#1997–2006: Acquisition by Apple, Apple's acquisition of NeXT, which also brought Steve Jobs back to Apple. The first desktop version, Mac OS X 10.0, was released on March 24, 2001. Mac ...
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Microsoft Windows
Windows is a Product lining, product line of Proprietary software, proprietary graphical user interface, graphical operating systems developed and marketed by Microsoft. It is grouped into families and subfamilies that cater to particular sectors of the computing industry – Windows (unqualified) for a consumer or corporate workstation, Windows Server for a Server (computing), server and Windows IoT for an embedded system. Windows is sold as either a consumer retail product or licensed to Original equipment manufacturer, third-party hardware manufacturers who sell products Software bundles, bundled with Windows. The first version of Windows, Windows 1.0, was released on November 20, 1985, as a graphical operating system shell for MS-DOS in response to the growing interest in graphical user interfaces (GUIs). The name "Windows" is a reference to the windowing system in GUIs. The 1990 release of Windows 3.0 catapulted its market success and led to various other product families ...
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Open-source License
Open-source licenses are software licenses that allow content to be used, modified, and shared. They facilitate free and open-source software (FOSS) development. Intellectual property (IP) laws restrict the modification and sharing of creative works. Free and open-source licenses use these existing legal structures for an inverse purpose. They Grant (law), grant the recipient the rights to use the software, examine the source code, modify it, and distribute the modifications. These criteria are outlined in the Open Source Definition. After 1980, the United States began to treat software as a literary work covered by copyright law. Richard Stallman founded the free software movement in response to the rise of proprietary software. The term "open source" was used by the Open Source Initiative (OSI), founded by free software developers Bruce Perens and Eric S. Raymond. "Open source" emphasizes the strengths of the Open-source software development, open development model rather tha ...
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Client (computing)
is a computer that gets information from another computer called server in the context of client–server model of computer networks. The server is often (but not always) on another computer system, in which case the client accesses the service by way of a network. A client is a program that, as part of its operation, relies on sending a request to another program or a computer hardware or software that accesses a service made available by a server (which may or may not be located on another computer). For example, web browsers are clients that connect to web servers and retrieve web pages for display. Email clients retrieve email from mail servers. Online chat uses a variety of clients, which vary on the chat protocol being used. Multiplayer video games or online video games may run as a client on each computer. The term "client" may also be applied to computers or devices that run the client software or users that use the client software. A client is part of a cl ...
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BitTorrent (protocol)
BitTorrent is a Protocol (computing), communication protocol for peer-to-peer file sharing (P2P), which enables users to distribute data and electronic files over the Internet in a Decentralised system, decentralized manner. The protocol is developed and maintained by Rainberry, Inc., and was first released in 2001. To send or receive files, users use a Comparison of BitTorrent clients, BitTorrent client on their Internet-connected computer, which are available for a variety of computing platforms and Comparison of BitTorrent clients#Operating system support, operating systems, including BitTorrent (software), an official client. BitTorrent trackers provide a list of files available for transfer and allow the client to find peer users, known as "seeds", who may transfer the files. BitTorrent downloading is considered to be faster than HTTP ("direct downloading") and File Transfer Protocol, FTP due to the lack of a central server that could limit bandwidth. BitTorrent is one o ...
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Download
In computer networks, download means to ''receive'' data from a remote system, typically a server such as a web server, an FTP server, an email server, or other similar systems. This contrasts with uploading, where data is ''sent to'' a remote server. A ''download'' is a file offered for downloading or that has been downloaded, or the process of receiving such a file. Definition Downloading generally transfers entire files for local storage and later use, as contrasted with streaming, where the data is used nearly immediately while the transmission is still in progress and may not be stored long-term. Websites that offer streaming media or media displayed in-browser, such as YouTube, increasingly place restrictions on the ability of users to save these materials to their computers after they have been received. Downloading on computer networks involves retrieving data from a remote system, like a web server, FTP server, or email server, unlike uploading, where data is sent ...
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