The odds are mounting against P2P networks. First, it was Megaupload that had to bite the dust. Now, torrent networks are under threat. Mockingly enough, the company that’s devised technology to render torrent networks unusable is called Pirate Pay. It’s a website operating from a Russian domain and proudly features Walt Disney and Sony Pictures on their partner list. Pirate Pay was successful in stopping the piracy of the film, “Vysotsky. Thanks to God, I’m alive,” to a reasonable level of success. So there’s not doubt that the technology works.
Microsoft has invested $100,000 into the project from its venture capital arm Microsoft Seed Financing Fund. Though Pirate Pay hasn’t revealed the specifics of how the technology works, it appears to be flooding clients with fake information about files.
Is this the end of line for torrent networks? Probably not because they claim to charge between $12,000 to $50,000 for one project. But this could well be the proverbial crack in the dam.
Billions in revenue are lost each year, they claim. But not for long if the Russian based startup “Pirate Pay” has its way. The company has developed a technology which allows them to attack existing BitTorrent swarms, making it impossible for people to share files.