Crypto Competitors Tron (TRX) vs Ethereum (ETH): Healthy Blockchain Battle Brewing, Users vs Tech
Favoritism and love for specific projects and coins are popular in the blockchain and cryptocurrency industry. In fact, Michael Casey from CoinDesk once said that many crypto hobbyists are tribal. This means that they are willing to disregard other coins in favor of their treasured projects.
One of the most contentious rivalries in the crypto space is between Tron (TRX) and Ethereum (ETH). Supporters of both coins are adamant their choice is the better option over the other. Regardless, a closer look at the features offered by each of the two reveals that there is a healthy competition between them.
How Ethereum Benefits From Tron
The popularity of Ethereum is attributed to its suitability for developing smart contracts and tokenizing solutions. A significant number of blockchain developers prefer to create their decentralized applications on the Ethereum network. However, the blockchain has been experiencing scaling challenges recently due to the increased number of DApps on the network. Therefore, the network must become scalable to maintain relevance in the competitive crypto space.
Tron, a newcomer to the crypto space, is the most serious threat to the popularity of the Ethereum DApp platform. This is because of its highly scalable nature. To maintain its status as the preferred DApp development blockchain, Ethereum must match the performance of the Tron network. Essentially, the fear of being ousted by Tron will compel the Ethereum network to improve its services. Hence, the existence of Tron is beneficial to Ethereum users.
How Tron Benefits From Ethereum
Justin Sun, the founder of the Tron blockchain, has faced heavy criticism for allegedly plagiarizing the Ethereum code. The reproach, however, is unjustified because the Ethereum code is publicly available on the GitHub online repository. Justin improved on the efficiency and user-friendliness aspects of the Ethereum source code. This is apparent in the smooth operability of the Tron mainnet ever since it was introduced in June 2018. The Tron Virtual Machine is specifically designed to host DApps.
The purported rivalry between TRX and Eth is nothing but a typical healthy competition between similar platforms. The objective of developers on both platforms is to achieve the mass adoption of blockchain technology and digital currencies. As a result, they often consult amongst themselves on how to improve blockchain technology.