Victor Ugochukwu · Dec 1, 2020 . 8min read
Justin Sun trolls suggest Ethereum is too expensive like iPhones while TRON is the Android of Blockchains
Since TRON launched in 2018, Justin has always pitched TRON v/s Ethereum at any slightest opportunity he gets.
By Victor Ugochukwu · Nov 21, 2020 . 5min read
Justin Sun characteristically trolls on Twitter again, typifies Ethereum as the iPhone of Blockchains while calling his own network TRON the Android of decentralized technology bragging TRON will soon control the larger market share ahead of Ethereum.
In his tweet Justin Sun said
#Ethereum is like iPhone, #TRON is like Android. At the end of the day, everyone will have a smartphone, but not everyone can afford iPhone. What matters the most is cheaper and scalability. TRON will eventually have more market shares than Ethereum just like Android did.
This doesn’t come as any surprise judging by the ways Justin Sun tweets now, and over any milestone, any of his products attain in the world of blockchains. While some may take it too seriously and engage in a Twitter tirade with him, not so many others do.
Since TRON launched in 2018, Justin has always pitched TRON vs Ethereum at any slightest opportunity he gets. But the claims that Justin Sun pirated Ethereum’s whitepaper remains flatly undisputed. Justin has not been able to give a detailed response to that claim.
As at today, TRON boasts of being able to process up to 2000 transactions per second (tps) as compared to Ethereum’s roughly 15 transactions per second. Although, while TRON is currently a Delegated Proof-of-Stake blockchain, Ethereum 1.0 is still running on Proof-of-Work.
Eth 2.0 is already underway with deposit contract receiving more than 20% of the target ETH amount required to trigger the Beacon Chain. Vitalik Buterin touts Ethereum to be able to process up to 100,000 tps. This will dwarf TRON’s present 2,000 tps.
Ethereum should dwarf Justin Sun’s TRON in throughput upon migration to PoS.
A crucial factor that has made Ethereum the platform of choice is its security for on-chain transactions. This is why DeFi activities hugely thrive on it.
TRON has tried to woo DeFi project developers at the peak of the DeFi Summer. This didn’t happen even with crippling transactions fee spike on Ethereum for months over months.
Ethereum currently sits on almost $58 billion in market cap compared to TRON’s $1.9 billion. That makes Ethereum at least 31 times bigger than TRON. A herculean feat for TRON to dislodge especially with essential updates like Eth 2.0 coming in the coming weeks.
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Komal Joshi · Nov 30, 2020 . 5min read