According to British web analysis firm CacheLogic, BitTorrent accounts for an astounding 35 percent of all the traffic on the Internet -- more than all other peer-to-peer programs combined -- and dwarfs mainstream traffic like web pages.

"I don't think Hollywood is willing to let it slide, but whether they're able to (stop it) is another matter," Bram Cohen, the programmer who created BitTorrent, told Reuters.

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File-Sharing Thrives Under Radar