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Quick grip:
- Justin Sun compared Ethereum to the iPhone and Tron to the Android operating system
- According to Justin, not everyone can afford an iPhone
- Android has therefore emerged as the go-to platform for smartphones due to its lower cost
- Similarly, Tron will become the go-to platform for blockchain developers and users due to its cheaper transactions and scalability.
Tron (TRX) founder and CEO Justin Sun compared Ethereum to the iPhone and Tron to the Android operating system. According to Mr. Sun, everyone wants an iPhone but it’s too expensive. This is where Android bridged the gap and eventually captured much of the smartphone market share as it is less expensive. Just like Android, blockchain developers and users will eventually switch to Tron due to its cheaper transactions and scalability than Ethereum.
Mr. Sun’s exact statement was as follows.
#Ethereum it’s like the iPhone, #TRON it’s like android. At the end of the day everyone will have a smartphone, but not everyone can afford the iPhone. What matters most is the cheapest and the scalability. TRON will eventually have more market share than Ethereum, just like Android did.
Recent Tron milestones
The Tron network has continued to sustain an impressive level of growth as the blockchain now hosts a total of 15,167,894 million addresses. Justin Sun highlighted this achievement through the following tweet and exactly how the network surpassed 15 million.
Second @TRONSCAN_ORG, the total number of accounts on #TRON has exceeded 15 million and reached 15,034,872.
The TRON ecosystem is growing at a steady pace, we welcome more developers and users to join our community. #TRX $ TRX pic.twitter.com/kPwegH2vJw
– Justin Sun🌞 (@justinsuntron) November 19, 2020
$ 0.027 continues to be a stiff resistance for Tron
In terms of market performance, Tron (TRX) found that the $ 0.027 resistance area is a difficult hurdle to overcome despite other major digital assets showing impressive gains alongside Bitcoin. For the better part of November, Tron fluctuated between $ 0.024 and $ 0.027. The fourth quarter of 2020 was generally a “flat month” for Tron (TRX).
However, the TRX / USDT weekly chart (below) is about to close the weekly candle in green. Such a bullish close will provide a sign of hope for Tron investors who believe the digital asset has lagged the rest of the cryptocurrency markets for too long.
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