TRON’s Justin Sun claimed via Twitter that TRON (TRX) is “80 times faster than Ethereum,” the second largest cryptocurrency after bitcoin. Given that transaction speed is an important factor in the mass adoption of the currency and its convenience, this gives TRON the upper hand over ethereum.
Recently Tron launched its own mainnet, breaking away from the ERC20 and migrating to its own TRX20 token, however, the split was not an easy one. Now having bought BitTorrent, a world famous torrent client, TRON hopes to establish the most prominent peer-to-peer (p2p) network available.
This is the second occasion in a couple of weeks that Sun has compared TRON with ethereum, and claimed TRON to be better.
To which Buterin replied:
TRON indeed is superior in speed (TPS), which has always been the company's strength, however, currently, TRON is ranked 11th by Market Capitalization on CoinMarketCap, while the "inferior" Ethereum is feeling quite comfortable in its usual 2nd place.
Vitalik Buterin, known to be very outspoken in his opinions, as of yet has not made any comment regarding this.
WHY IS THIS IMPORTANT?
- TRON migrated to its own mainnet from the ethereum platform and has been in conflict with Buterin for a while now. The split was not an easy one.
- The fact that a much lesser crypto at 11th place is going for the 2nd biggest and successful crypto out there is astounding.