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IPFS project management accuses Justin Sun of stealing its code and logo

Posted on November 3, 2022 by admin

IPFS project management accuses Justin Sun of stealing its code and logo

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Answer IPFS project management accuses Justin Sun of stealing its code and logo

Before we get to the heart of the matter, we provide an introduction to the IPFS project, which is a peer-to-peer media encryption protocol. The project was founded in February 2015 by Juan Bennett. The project aims to create a decentralized file system through a protocol and a peer-to-peer network to store Data is shared in a distributed file system.

Recently, the IPFS project management accused the founder and CEO of BitTorrent of stealing its original logo, code and white papers, as the accusation came that “Justin Sun” changed the brand in his favor in an attempt to defraud investors in a deceptive and illogical way.

IPFS Project Management made the comment shortly after Justin announced that BTFS had reworked its logo.

Read:Ripple to buy $46 million worth of XRP in Q3 2020

She told BitTorrent that branding has become essential to convey the idea and visions of BTFS in a more realistic way.

The founder of the IPFS project accuses “Justin Sun”:

Tell Juan Bennett, founder of Protocol Labs, who is also the founder of IPFS, said he was saddened by Justin Sun’s work:

BitTorrent was a great technology.

But he recently copied all our code, re-copied our logo, and also copied our papers, to unreasonably defraud investors.

You can’t even think of an original logo, the team behind BitTorrent was made up of good people until it got into new hands.

It’s a shame to see such a great name subject to this kind of embarrassment.

Juan Bennett suggested that platform users move to other decentralized P2P networks such as IPFS and WebTorrent, saying that BitTorrent is no longer a p2p project.

Justin Sun responds:

In response to what Juan said above, Justin Sun said that the hexagon does not belong to anyone, indicating that the founder needs to reconsider himself and stop deceiving his investors.

Justin Sun said:

Read:Coinbase in talks to acquire cryptocurrency exchange in Brazil

You are steam deceiving investors, you need to re-examine yourself, shame what IPFS offers on “filecoin” 3 years ago while BTFS is running smoothly.

Read:Visa Announces Acquisition of Ripple Partner

IPFS has been copying its code for a long time However, BitTorrent decided to keep quiet due to their belief in unity.

One user, Udi Wertheimer, commented on this issue, saying:

IPFS stole its logo from a small artist who sells his work on Adobe Stock.

Justin Sun acquired BitTorrent in 2018, and made massive acquisitions after that. One of the big acquisitions of Justin Sun is CoinPlay, Steemit, and others.

Read also:

Tron Founder Unveils Just Decentralized Project

Over $420 Million Ethereum Locked In DeFi… What About Tron?


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