"The guys from The Pirate Bay are always working on interesting side-projects, but there is one in particular that’s so significant, it might be the future of filesharing. For a while now, they have been working on a brand new protocol - which may come to replace BitTorrent in the near future."
"Why a new protocol? Well, the current BitTorrent protocol is developed and maintained by BitTorrent Inc. This company, founded by BitTorrent inventor Bram Cohen, recently decided to close the source of some newer additions to the protocol. According to The Pirate Bay, this gives them too much power and influence.
Another reason for a new and improved protocol is the massive number of spammers and anti-piracy organizations that abuse the BitTorrent protocol, either to make money or to bust people who download infringing material. The new protocol will be designed with these potential problems in mind.
The protocol will most likely use the .p2p file extension compared to the .torrent extension BitTorrent uses right now. The good thing is that the .p2p files will be backwards compatible which should ensure a smooth transition from .torrent to .p2p files.
It will be interesting to see whether other BitTorrent sites will support the new protocol. Erik from Mininova, the most popular BitTorrent site at the moment, told us they will absolutely support the new protocol. We at TorrentFreak are of course a bit concerned about these new developments since we owe our name to BitTorrent, but we wish The Pirate Bay crew the best[.]
The new protocol is still in the development phase, but the initial release is planned for sometime early next year. More features and information about the new protocol, which is still nameless at this point, can be found at the protocol design page."
Source: TorrentFreak
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