Tron v/s Ethereum : Justin Sun reveals the daily transactions

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August 9, 2018 by
Tron v/s Ethereum : Justin Sun reveals the daily transactions

The good news for Tron is that, it has been a month old and its daily transaction has already crossed 128,438. Once again Justin Sun, founder of TRON compared it with Ethereum and its daily transaction which has come to market just three years back. Justin Sun tweeted,

#TRON (launched for 1 month) daily transaction: 128,438 vs. #ETH (launched for three years) daily transaction: 636,342. We are on the way to surpass #ETH. $TRX #TRX #ethereum.

See also: Microsoft bids adieu to mining, launches Ethereum BaaS

He also said that Tron is 80 times faster compared to Ethereum. He quoted,

With 14 years of experience, @BitTorrent is providing a world-class service to 100 million users in 138 countries. Add the two together and you get the largest and most advanced peer-to-peer network in the world!

According to their Project Atlas with BitTorrent they assume that they can defeat Ethereum on daily transaction. On a post published in Medium Tron commented,

BitTorrent (BT) will be the largest application on the TRON network, which will allow TRON surpass Ethereum on daily transactions and become the most influential public blockchain in the world.

See also: Agricultural Bank of China allocates loan of $300,000 loan with the help of Blockchain

U Torrent, a proprietary adware BitTorrent client that is possessed and developed by BitTorrent. It declared that it is going to start catering infrastructural requirements which will meet the demands of TRON ecosydtem.

After a list of good news, the price is bothering the community. People have expected a rise in price after the launch of MainNet but the expectation was not fulfilled. At present TRX is trading $0.031 with a market cap of $2.08 billion. In this context, a Twitter user commented,

Only announcement…No raise of price…Always downtrend..No need to be shock if it touch 1 cent.” Another user tweeted saying, “Hopefully that gets reflected in the price.

Image via Shutterstock

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