Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => TRON (TRX) Forum + Ecosystem => Topic started by: PRIBO247 on December 08, 2018, 08:42:57 PM
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Ethereum , among all blockchain projects, was the first to
venture into smart contracts and dapps . In fact, its network
was built specifically to facilitate this technology which the
Bitcoin network lacked. This was going well with a few
innovative dapps built on the network such as Cryptokitties ,
Aragon and uPort.
Since its formal introduction in 2014, Ethereum had worked on
its own as a platform with a scripting language for building
decentralized applications and smart contracts. Tron first
launched its project on the Ethereum blockchain before its
“independence” in June 2018.
However, Tron is already far ahead of Ethereum with several
innovations that make its network a hotspot for developers.
Just in the year 2018 alone, Tron has launched a number of
products that are of great value to developers and the public at
large.
It started with the acquisition of BitTorrent. Tron’s CEO Justin
Sun has a very clear agenda to decentralize the internet and
make it accessible to all. This motivated the acquisition of
BitTorrent which showed a determination to achieve his goals.
Then the Launch of the Tron Virtual Machine (TVM) which is a
platform for developers to build dapps and smart contracts.
With the launch of the TVM, Tron’s daily transaction volume
went up 12% instantly. With TVM came several products that
were deliberately designed to compete with Ethereum Virtual
Machine (EVM)
Tron’s achievements aren’t the problem, the problem is that
Ethereum has failed to develop and upgrade to stay ahead of a
game it started. I think it is safe to say most of Sun’s ideas
were inspired by the Ethereum network.
Ethereum started working on the Ethereum Constantinople
which would have been one achievement of the company for
the year. However, a recent announcement reveals the launch
has been postponed till January 2019.
By the way, the Constantinople is a hard fork. I stand to be
corrected but have you seen what the Bitcoin Cash hard fork is
doing to the BCH right now? BCH was on a free fall even prior
to the fork. Maybe Ethereum’s hard fork may do worse to its
network.
Tron is at war with Ethereum and whether latter knows it or
not, this war is real because it is basically the only network
Tron has to compete with as far as smart contracts and dapps
are concerned. Although Tron started from Ethereum, its
determination to succeed is very obvious and is beginning to
tell on Ethereum with the first project migration from Ethereum
to Tron network.
Ethereum hasn’t done anything to improve its network speed
which Sun has always used as grounds for developers to dump
the network. Another problem which the network has failed to
fix is its processing speed which Tron has surpassed by far
just barely six months after its network became independent. It
is sad to say but Ethereum may soon be out of the trade if it
doesn’t do anything to compete favorably with Tron in the
smart contract and dapp industry.
Source : https://zycrypto.com
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Hopefully it can be like that but the fact Ethereum is still a lot of interest by many people.
TRON is still a new player and like a child looking for his host.
It takes a lot of time for TRON to outperform Ethereum.
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Hopefully it can be like that but the fact Ethereum is still a lot of interest by many people.
TRON is still a new player and like a child looking for his host.
It takes a lot of time for TRON to outperform Ethereum.
it may seem so but I think that Tron will yet surprise us all.
In the coming years, it is going to give ethereum a run for its money.
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There is room for every coin in the industry and new coin should be better than old which will show how advance we are getting in the crypto world, but ETH also has a very unique and great performance in the last and current situation of crypto , so if tron overtake ETH that shouldn't be a problem as definitely some new coin in future will be better of tron one day and that is advancement .
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There is room for every coin in the industry and new coin should be better than old which will show how advance we are getting in the crypto world, but ETH also has a very unique and great performance in the last and current situation of crypto , so if tron overtake ETH that shouldn't be a problem as definitely some new coin in future will be better of tron one day and that is advancement .
I quite agree with you, there is indeed room for every coin in the industry. But one thing with the crypto industry is that though there may be room for every coin not all survive. Ethereum has proven time and again that it has what it takes to survive. Tron on the other hand is still testing its wings. Well let's. see how of turns out.
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When TRON will move to its own network, TRON rises to the price of 1000 Satoshi but after SWAP occurs, the price drops to 300 Satoshi.
If at that time the TRON is stable at a price of 1000-900 Satioshi maybe TRON now has a rank 4 Coinmarketcap and will continue to stick to Ethereum.
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Recently Justin Sun labeled TRON as the "ethereum killer" as TRON Dapps were dominating the decentralized apps marketplace. TRON is focusing on another significant leap into a brighter and more prominent future by announcing the update to version Odyssey 3.1 that was achieved with the general community consensus.
The new update would introduce the overall better performance of the network regarding smart contract operations, stressing on the fact that the new update should be most appealing to the users and developers of decentralized applications.
TRON's partnership with BitTorrent and starting up with a new ICO, which is already six times its ICO price, also created a positive impact on TRON's price. BitTorrent hype has evidently pushed TRON upwards, as it has been seen to outperform other cryptocurrencies.
Coinswitch exchange's real-time trx to eth converter (http://seo abuse/tron/tron-to-ethereum) gives the exact amount of ETH one gets after the conversion. 1 TRX is equal to 0.00017166 ETH, which is the exact amount of ETH, you get on 1 TRX conversion.