The well-known blockchain platform for creating, providing and transmitting content based on decentralized technology, TRON Foundation, has crossed the milestone of 1 million daily transactions and broken the Ethereum record.
Justin Sun, the founder and CEO of the crypto company, never misses a chance to keep the intrigue around the TRON Foundation and pump up the price of his token.
Here again, unable to contain his triumph, Sun tweeted about his delight at the new TRON blockchain record. On November 9, 2018, the TRON Foundation with its TRX cryptocurrency broke the record for the most daily transactions ever recorded on the blockchain in one day. Most importantly, for the founder of the 11th largest cryptocurrency in the world by market capitalization, TRON has surpassed Ethereum (ETH), which has held the lead since January 2018. TRON has recorded 1,367,488 transactions, while Ethereum previously held the record with 1,349,890 transactions since January 4.
This was an excellent opportunity to take a jab at Vitalik Buterin and state that TRON has set an insurmountable height and one should not expect that the volume of Ethereum transactions will ever catch up with TRON again.
Perhaps the record holder has a reason for such fun, given that the volume of TRON transactions exceeded not only Ethereum, but also similar volumes of market leaders: BTC, BCH and XRP.
The tweet is full of comments from supporters of both Ethereum and Tron. Among the tons of congratulations, some skeptics note that Justin Sun provoked Buterin, and he will definitely respond.
While others believe that Buterin may not be worried about Tron's success, given that its price of $0.02254182 lags significantly behind the price of Ethereum, which is currently $211.90. In addition, comparing blockchain with different protocols, Ethereum - PoW, Tron - DPoS, is not correct, and in terms of market capitalization, Tron is 14 times lower than Ethereum.
You May Also Like
NEO 3.0 will provide faster speed and stability
In an exclusive interview with AMBCrypto, NEO Marketing Head Caterina Zhang spoke about NEO's latest developments, NEO blockchain scalability plans, and their goals to achieve more transactions per second.
NEM will be used by taxi drivers thanks to partnership in the Philippines
Blockchain platform NEM announced that its partner, cryptocurrency payment system and exchange LoyalCoin, which uses the LoyalCoin token in its activities, has entered into a lucrative deal with Grab Phillipines, the Philippine version of Uber.
