How did we get to the point where words simply don't mean anything anymore?
...will connect the BitTorrent peer-to-peer network and the TRON blockchain network => BitTorrent will start accepting "coins"
a custom token => a new "coin"
an in-client token economy => the "coin" will only be valid for downloading torrents
to address existing limitations => too many leechers, not enough seeders
and open a new borderless economy => will be valid across nation-state boundaries
for exchanging value for computer resources => bandwidth and storage
Translation:
BitTorrent will start accepting a new type of "coin" that will only be valid within the BitTorrent network to allow leechers to pay seeders to download files.
> Users can earn tokens for continuing to seed files after a download is complete
> Users who participate will exchange tokens with each other on the basis of resources provided, not mining
Seems like you get paid when you seed, and you can use what you earned to download other stuff. How's the initial money generated? No idea. Maybe you've to buy the tokens for real $$$ or bitcoins or something. Or maybe you can choose to host a file and gather tokens.
"Project Atlas will connect the BitTorrent peer-to-peer network [the existing network, utilizing the existing BitTorrent protocol] and the TRON blockchain network [TRON blockchain exists, it's a separate project, look it up] via a set of bittorrent protocol extensions, a custom token [not the TRON token itself, but a sub-token used for the purposes of project Atlas specifically], and an in-client [the functionality will be built-in into the BitTorrent client, the users will not have to use any extra software or web platform] token economy [economic system where tokens are used as means of transfer of value] to address existing limitations [rare torrents becoming hard to find seeds for, fakes, etc..] and open a new borderless [global, not contained within a single country or economic region of the world, users from any countries will be able to participate] economy for exchanging value [Atlas tokens, maybe other cryptos through exchanges] for computer resources [storage space and bandwidth used to store and distribute a torrent file] on a global scale."
What stops this proposed project from working in the same "decentralized" way that Bitcoin and other PoW schemes are "decentralized" right now, and are working practically? Why wouldn't it work in torrents?
Just say they twisted some magic streams and marshmallow-man happend.
("decentralized" at least actually means something here - BitTorrent is already a decentralized protocol, there are no central BitTorrent servers that coordinate things. So anything that would be properly integrated with BitTorrent would have to be decentralized somehow.)