The founder of Tron (TRX), Justin Sun has highlighted that Tron, with the acquisition of BitTorrent coupled with the fact that it is 80 times faster than Ethereum, has become the world’s largest decentralised ecosystem.
TRON is 80 times faster than Ethereum. 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! #TRONBT $TRX pic.twitter.com/EsQd34Vq4u
— Justin Sun (@justinsuntron) July 27, 2018
BitTorrent, according to available information services over 100 million users in 138 counties, is going to make the Tron ecosystem more unmatchable for the fact that it is the first world’s decentralised protocol on the internet.
The combination of BitTorrent, which is seen as the originator of decentralisation technology, and Tron birth the most extensive and most advanced p2p network on the universe.
A statement by Tron after it acquired BitTorrent made known that entrepreneurs and developers all over the world see BitTorrent as the genesis of decentralised technology.
BitTorrent could be seen as the basis of transparent, open and shared internet network today.
Developers, moguls, and the open Web community often recognise BitTorrent as the original pioneers of decentralisation technology.
It is the foundation of a transparent, shared and open Internet protocol. The newly acquired firm has declared there candidacy for the super representative election.
Tron (TRX) IS Too Heavy For Ethereum To Contain, Thanks To MainNet
When Tron (TRX) launched its TestNet in May, observers who thought the cryptocurrency might not be able to survive outside Ethereum’s ERC20 were surprised afterwards.
At that moment, Tron stayed at the 10th position in the cryptocurrency space, and there was fear the crypto-coin may skydive and become irrelevant. As it appears today, there is no doubt that Tron is too heavy for Ethereum network to contain.
The Path To Complete Migration
While different opinions on the decision of Tron to leave Ethereum network fueled uproars in the crypto community, there is no doubt that the Founder of cryptocurrency, Justin Sun, was unperturbed. The need to move Tron out of the Ethereum Network, according to him is to create an equitable, value-oriented, collaborative, inclusive, and community-driven Tron ecosystem where the voice of the people is supreme and not even the founder can decide for the community when the need arises.
The MainNet, often regarded as Odyssey 2.0 paved the way for Tron’s complete migration off Ethereum blockchain. The aftermath was the Independence Day, which was slated for June 25. Till now, exchanges are still doing the rigorous token swap, which comes up after the migration.
No doubt, the migration of Tron out of ERC20 will confirm if Tron will be able to compete with Ethereum in providing a public blockchain ground where the decentralized application (dApp) are developed and managed.
However, after all, the requirement has been put in place, the new Java-centered MainNet, which uses a Proof-of-Stake (PoS) consensus algorithm, has been confirmed to be outstanding, faster, and more reliable than Ethereum’s. To Justin Sun and some other analysts, Tron is 80 times faster than Ethereum.
Super Representative Election
The super representative election is a democratisation idea embarked upon by the Tron ecosystem. The poll, with many some respected candidates which include Crypto Girls, Crypto Guys In South Africa, Justin Sun, BitTorrent, among other representatives, indeed returns the control of Tron to the people.
100M DApp User
While on the Ethereum network, Tron has over 100 million DApp users. These users were moved down to MainNet after it was launched. They are the basis of development on the Tron’s MainNet.
Awesome Support For Developers
Developers who add to Tron ecosystem benefits a lot. There are bounties put in place for outstanding developers who are concerned about the development of Tron ecosystem. Recently, Tron earmarked a certain amount of money to some developers who intended furthering on their latest Dapps and wallets.
Available On Ethereum?
Considering the speed of Tron and other essential characteristics which are not available on Ethereum network, it is easy to say that Tron is too heavy for Ethereum to contain. Thanks to the MainNet.