Napster

{ Napster was an American proprietary peer-to-peer (P2P) file sharing application primarily associated with digital audio file distribution. Founded by Shawn Fanning and Sean Parker, the platform originally launched on June 1, 1999. Audio shared on the service was typically encoded in the MP3 format. As the software became popular, the company encountered legal difficulties over copyright infringement. Napster shut down in 2001 following a series of lawsuits and subsequently filed for bankruptcy in June 2002. The P2P model employed by Napster involved a centralized database that indexed a complete list of all songs being shared from connected clients. While effective, the service could not function without the central database, which was hosted by Napster and eventually forced to shut down. Following Napster's demise, alternative decentralized methods of P2P file-sharing emerged, including LimeWire, Gnutella, Freenet, FastTrack, I2P, and BitTorrent. Napster's assets were eventually acquired by Roxio, and it re-emerged as an online music store commonly known as Napster 2.0. Best Buy later purchased the service, and then went on to sell it to Rhapsody on December 1, 2011. In 2016, the original branding was restored when Rhapsody was renamed Napster. In 2022, the Napster streaming service was acquired by two Web3 companies, Hivemind and Algorand. In March 2025, Napster was sold to Infinite Reality. {

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