TRON reaches one million users

TRON reaches one million users

The TRON blockchain reached one million users on December 23. Misha Lederman, one of the founders of the cryptocurrency project IAmDecentralized.org, posted statistics online that confirm the presence of such a number of addresses.

TRON, which launched its network earlier this year, aims to become an ecosystem for developers creating decentralized applications.


Comparing the coin with its main competitor - Ethereum, TRON CEO Justin Sun this week predicted a “slow explosion” for the altcoin. Commenting on the number of addresses, Lederman suggested that TRON's rate of increase in activity is also significantly higher than that of ETH.

"By comparison, (Ethereum) reached 1 million users on January 22 in 542 days or 18 months since the launch of the Ethereum Mainnet," he wrote.

It should also be noted that Ethereum built its user base when interest in the cryptocurrency was more significant compared to current conditions.

Also, despite the growth, the price of TRX at $0.02 is inferior to ETH/USD, which, even after a 90% decline from a record high, remained at around $73.


Over the past few days, TRX showed strong growth before a correction in the cryptocurrency markets led to the token losing 15% per day. 

ETH fell by 12.6 percent over the same period.


According to cointelegraph.com

You May Also Like

2172018-09-15

Lord of the Blockchain. Who is he?

If you think that the Bitcoin network is at the mercy of miners, you are wrong. If you think that it is at the mercy of developers or users, you are also wrong.

Blockchain
2612018-10-23

Blockchain was declared unsuitable for holding elections

Researchers from the Initiative for CryptoCurrencies and Contracts, who study traditional and blockchain voting, do not share the enthusiasm of many and believe that blockchain will not only not help improve the voting process, but will also significantly worsen the situation.

Blockchain

Latest articles from Blockchain category