Tron seems to be getting closer to achieving its dream of beating major cryptocurrencies like Bitcoin and Ethereum to hit the largest digital asset platform in the globe. The blockchain platform has devised workable strategies, by partnering with some developers and programmers to achieve its aim.
Being open to partnership has enabled Tron to spread its tentacles wider than other blockchain platforms. It has also enabled them to introduce some blockchain based decentralized applications which can speed up things in the systems.
The launch of its mainnet and more Decentralized applications on the tron blockchain has rapidly helped TRX in speeding up Tron performance and setting them ahead of ethereum. Tron daily transaction is currently surpassing ethereum, on the 18th of this month, Tron recorded 599,354 while ethereum was 565791.
The report disclosed that about 77% of these transactions are smart contract based, which means it is generated from the DApp, Tronbet which was recently launched.
Tronbet hit 10,000 players on the first day it was released, a recent report in a tweet shows it has reached a milestone of 500,000 plays with over 300 million TRX won by players;
“TRONbet.io just hit a major milestone! Over 500,000 plays and over 300 million $trx won by players. Thank you to the #TRON and #ANTE community! More updates are on the way! Stay tuned!”
Tron Founder, Justin Sun acknowledged the performance of TRX and said “this is just the beginning”, Sun is known to be one of the most bullish founder of a cryptocurrency with great vision for his platform.
He always seem to be determined to change the way things are done in the whole internet system, using Tron platform, though at times he misinforms the community just like the recent partnership buzz with baidu which later turned out to be just sale of cloud computing and had nothing to do on the blockchain level.
A few months ago, when comparing Tron and Ethereum, Sun said Tron is 80 times faster;
“TRON is 80 times faster than Ethereum. With 14 years of experience, @BitTorrent is providing a world-class service to 100 million users in 138 countries. Add the two together and you get the largest and most advanced peer-to-peer network in the world! #TRONBT $TRX”
How Tron Functions Better than Ethereum
Tron network is faster, it can handle 2000 transactions at a time while ethereum can only do 25 transactions. On Monday, Tron network performed better than ethereum, while ethereum was doing about 600,000 transactions per day, Tron did much more.
Bitcoin and ethereum had always had the issue of being able to process a large volume of transactions. The blockchain system functions better as the transaction increases, so this platform can even do better.
According to Sun, what is happening now is little compared to what Tron is set to achieve.