The explicit CEO of Tron, Justin Sun has invited the developers on the blockchain of Ethereum to exchange places for his blockchain Tron that he thinks is better.
In a recent tweet, Sun listed a couple of benefits that claimed that Tron had on the Ethereum platform for decentralized app developers (DApp) and smart contracts.
"In the bear market, #Ethereum developers should immediately migrate the token to #TRON 1.0 transaction fee, no gas in #TRX 2. Compatible with #ETH, 0 migration cost 3. 2000 TPS 4. #TRON dex list You can easily increase your 100% token value with high liquidity. "
The observations come at a time when the ethereum community suffers from a terrible bear market that has a particularly decimated ETH price. ETH, which currently trades at around $ 120, has lost about 90 percent of its price since the January high. This price collapse that eventually lost its second cryptocurrency position by market capitalization was attributed to the sale of ETH tokens collected on the platform by Initial Coin Offerings (ICOs).
Ethereum has established itself as the go-to platform for developers looking to create decentralized apps and implement smart contracts. Several projects including Tron [TRX] launched on the network, has released token ethereum and conducted crowdfunding using the native ethereum token.
But, things changed rather quickly when several platforms came out claiming to be better platforms for DApp and smart contract, thus invading an almost monopolized market by Ethereum. These so-called "ethereum killers" try to solve some problems that have afflicted the ethereum blockchain, thus providing more functionality and efficiency for DApps. Tron, in particular, has consistently pondered himself compared to Ethereum as Justin Sun took the opportunity to highlight areas such as transaction speed, transaction costs and scalability in which he believes Tron exceeds Ethereum.
Ethereum, however, has retained the largest number of developers dedicated to creating solutions on its platform. The annual conference of these developers, the DevCon conference, focused on finding solutions to scalability issues that limit the development of large-scale applications on the network. As reported by Smartereum, a few minutes from the last DevCon have emerged the reflections on the updates of Ethereum 1x and Ethereum 2.0, designed to solve the problems of scalability.
Sun's appeal to the developers of ethereum is one of a long series of critical remarks against ethereum that saw him fail by the co-creator of Ethereum Vitalik Buterin, who once called Sun for alleged plagiarism in Tron's white paper.
In a related development, a cryptocurrency and blockchain commentator Kevin Rooke noted that EOS and Tron surpassed Ethereum as platforms that host the most used DApps. In his tweet, he revealed that EOS had 12,382 users, TRON 2,578 and Ethereum 2,133 users citing data from the DApp DApp Radar tracking site. The platforms were managed with daily transaction volumes of $ 1.4 million, $ 5.5 million and $ 461,000 respectively.
Further surveys show that the DAP, the most used IDEX of Ethereum had 875 users and managed 2,622 ETH (or $ 312,018) while EOS top DApp had 5,683 users and processed 152514 EOS ($ 474,318) and TronBet had 1,488 users with a transaction volume of $ 3,056.002 in the last 24 hours.
Because Ethereum is struggling with the challenges they face, alternative DApp platforms such as Tron and EOS have made great strides not only by attracting developers but also DApp users. The Tron Foundation recently launched a $ 1 million acceleration program for DApp developers on the Tron network in an effort to encourage consumer adoption of blockchain technology through its ecosystem.