TRON (TRX) has hinted its readiness to collaborate with Ethereum (ETH) on several ideas that have the tendency of benefiting the cryptocurrency industry.
The founder of TRON and CEO of BitTorrent, Justin Sun, made this comment on TheCryptoChick with Racheal Wolfson, saying something good will come between the two projects this year, purposely for the development of the cryptocurrency world at large.
“Even this year you will see TRON (TRX) officially collaborating with Ethereum (ETH) to do something good for the industry,” he said.
TRON (TRX) was formally built on the Ethereum Network before the former decided to move out of the platform due to scalability issues among other things, making them competitors in the DApps industry.
Justin Sun, however, said the competitions are centered on improving the crypto community and have greatly impacted the industry in the DApp sector and other areas.
Commenting on Ethereum’s Vitalik Butterin tweet on April Fool’s day, Justin said, being an advocator of true love and brotherhood of the ecosystem, TRON (TRX) plans to partner with lots of Ethereum (ETH) developers and enterprise builders on Ethereum Network in the nearest future.
Interestingly, Justin Sun said it did something similar during the April Fools’ Day by collaborating with Loom Network, a project on the Ethereum (ETH) network, to release a fake album of Justin Sun tagged Enter the Sun.
Aside from the April Fools’ Day collaboration with the Loom Network, Justin Sun says TRON ecosystem will officially collaborate with the project, developers and builders on the Ethereum (ETH) network.
Speaking on the benefit of USDT-TRON, Justin said the idea will benefit the whole industry, pointing that the whole community will be gain extensively from the infrastructure and the uniqueness of the stablecoin. Justin Sun said through the stablecoin, users can trade TRON (TRX) is a non-volatile way.
Q2 2019 seems like the ultimate time for TRON (TRX) to skyrocket. Tron will undoubtedly outstrip all its competitors in the blockchain space as it looks to churn out a number of colossal developments that are worth millions.
To champion the decentralized space, the blockchain network will in Q2 launch the layer 2 solution tagged SUNNetwork, which is to offer 100X scalability and move from millions of DApp usage to hundreds of millions as reported by Today’s Gazette.
Justin Sun declared that the layer 2 solution will allow TRON execute transaction 100 times faster than its previous speed, making the blockchain network upgrade from a capacity of 3 to 4 million transactions per day.
The zk-SNARK privacy option which would be rolled out by TRON (TRX) is yet another leapfrog for the blockchain network. With the zk-SNARK privacy option, users can now choose between making its transaction completely obscured or open to the world as optimum transparency comes in with the development.
TRON (TRX) is clearly among the household cryptocurrencies in the ecosystem. The cryptocurrency earlier made it to the top ten but was later displaced. However, the series of developments the altcoin is about to launch will obviously make it among the most reputable crypto projects.
The founder of TRON and CEO of […]
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