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Tron founder Justin Sun threw a shot at Ethereum and EOS, announcing on Twitter that the company wants to create a fund to "save" dApp developers working on both platforms as long as they move their dApps on Tron network.
#TRON will build a rescue fund #ETH is #EOS developers from the collapse of their platform until those developers migrate their jobs to #TRON. #TRX $ TRX
– Justin Sun (@justinsuntron) December 7, 2018
Driven by Sun's affection for successful self-promotion and the acquisition strategy of the company that saw the completion of the acquisition of BitTorrent in July, Tron claims to have made significant progress towards its goal. to build the infrastructure for a completely decentralized Internet.
However, Sun was involved in a recent episode of controversy over his aggressive self-promotion after hinting at a partnership with the Chinese Internet giant Baidu, only to bring out shortly after it was nothing more than a cloud computing service agreement. He also recently announced NBA legend Kobe Bryant as a speaker at Tron's upcoming 2019 cryptographic conference.
The market, in general, rewarded Sun's operating strategy, leading to Tron's relatively favorable performance in an asset category that suffered a meltdown. Ethereum and EOS, in comparison, are suffering significant losses, with EOS, in particular, with poor performance due to investor concerns over the longevity of its blockchain network.
In November, CCN reported that a research report conducted by the research and testing firm Blockchain Whiteblock stated that EOS is not actually a blockchain network, but is in fact a "distributed homogeneous database" that suffers from significant shortcomings security and a network lower than the advertising performance.
Ethereum also suffers from the effects of the prolonged bear market, with co-founder Joseph Lubin who recently announced that his Ethereum development start-up, ConsenSys, is kicking off a period of restructuring to eliminate underperforming projects and focus on projects able to create tangible value.
While no redundancies were announced as part of the belt reinforcement measures, it was revealed that from now on all the projects supported by ConsenSys would be classified on the basis of three criteria which, in order of importance, are: income or return on investment, positive impact on the Ethereum ecosystem and on the social good.
It will be recalled that prior to the current market conditions, Tron and Ethereum were historically at loggerheads, with Sun engaging in a public Twitter with the co-founder of Ethereum Vitalik Buterin on allegations that Tron would plagiarize some of his whitepaper from previous whitepapers of IPFS and Filecoin.
Shutterstock foreground image. TradingView Charts.
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