Not everyone accepted the idea that TRON’s six-month race to 1 million meant it had ‘beaten’ Ethereum, which took 18 months.
Blockchain protocol TRON (TRX) has passed one million user accounts, data revealed Dec. 23, as executives continue their criticism of rival Ethereum (ETH).
Statistics from the TRON blockchain uploaded to social media by Misha Lederman, cofounder of the cryptocurrency’s spin-off project IAmDecentralized.org, confirmed that the network now features over one million addresses.
TRON, which launched its mainnet earlier this year, seeks to become the go-to ecosystem for developers seeking to create decentralized applications (DApps).
Known for publicly chiding Ethereum, which constitutes TRON’s main rival, CEO Justin Sun this week predicted a “slow implosion” for the altcoin.
Commenting on the address landmark, Lederman suggested that the speed at which activity increased is also significantly higher than that of ETH.
“In comparison, (Ethereum) reached 1 million accounts on Jan 22, in 542 days or 18 months since (the Ethereum) Mainnet Launch,” he wrote.
Responses highlighted the fact that Ethereum had built its user base when cryptocurrency interest was marginal compared with current conditions.
Others added that despite the growth, TRX’s $0.02 price tag paled in comparison to ETH/USD, which even after a 90 percent decline the from all-time high, maintained a value of around $73.
TRX had shown strong daily growth this week before a correction across cryptocurrency markets saw the token lose 15 percent in the 24 hours to press time. ETH dropped 12.6 percent in the same period.
Source: , CoinTelegraph

Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.