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If Ethereum is fast, then Tron can be 200 times faster. This is what Justin Sun said on August 17 in a video statement in which he spoke about Tron's vision for the future and the Foundation's upcoming projects.
The founder of Tron has always sincerely explained that Ethereum is the biggest competitor of the Tron Foundation. But of course Justin Sun explained that Tron (TRX) has many advantages over Ethereum, including strong code simulations and a fully functional blockchain. Another point he mentioned is that Tron has several hidden cards that will allow him to become bigger than Ethereum.
In addition, Sun said that Tron has a higher network transaction rate that could reach 2000 transactions per second (TPS), compared to the 25 TPS of Ethereum.
In addition, Justin has shown that the community continues to grow because there are now 300 members in the Tron Foundation, after increasing from 108. In addition, the Foundation decided to conduct the first global meeting with all operators in San Francisco and Beijing .
In addition, the company wants to increase its growth and move the family from 300 members to 1000 in 2019. At the moment, there are 2 million tokens making it the biggest blockchain in the world.
Tron is a very friendly environment for games and building software. He went on to elaborate that the ecosystem will provide an infrastructure for applications to grow and function.
At the start of this year, Tron acquired BitTorrent, which was a very important milestone for Tron's plan to continue growing. BitTorrent will become the biggest blockchain application with 100 million users. Justin explained that the company is trying to solve the problem of scalability in the Ethereum network.
In the future, Tron will be 200 faster than Ethereum, according to Justin Sun and would be able to handle 100 million transactions a day. To do this, mass adoption will be one of the most important things to improve.
At the time of writing this article, Tron is the 11th most important virtual currency with a market capitalization of $ 1.39 billion. In addition, each token can be purchased for $ 0.02 dollars. In the last 24 hours, Tron has fallen by 4.38%.
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