During Podcast, TRON CEO and Founder Suggests “Official” Collaboration With Ethereum

Collaboration within the cryptocurrency industry is always a massively hyped event, especially when it comes from a major cryptocurrency platform. Recently, founder and CEO Justin Sun of Tron said that he believes that there will be a collaboration with Ethereum this year, which he expressed during The Crypto Chick podcast yesterday.

The comments that Sun made were in response to questions about the recent tweets that Ethereum co-founder Vitalik Buterin made about Tron. Sun remarked that “competition brings a better product,” adding that there could be a collaboration with multiple developers from the Ethereum platform. He says that the work together would ultimately “make the industry better.” Everyone has seen these two platforms as competitors in the decentralized app (dApp) community, but the collaboration between the two instead could be a mean a major change in the way that this sector of the industry thrives.

During the podcast, Sun spoke on a scalability solution that is being planned for Tron to increase the transaction throughput by a minimum of 100 times, bringing down fees at the same time. The launch of this option isn’t planned until Q2 of this year, though Sun has already made comments about the solution on Twitter, calling it Sun Network. However, the community continues to wait on a saying a launch date.

The conversation also turned to the potential for a stablecoin through Tron, based on the same details as Tether, which is scheduled for launch in the next few days. With this Tron-based stablecoin, the cost and speed of transactions will see significant improvement, surpassing the performance of the Omni protocol. During the second quarter, Tron Network users can expect to see a “new network with a privacy option,” influenced by Zcash’s technology.

Both Huobi Global and OKEx have expressed their support for the USDT-based Tron stablecoin.

Here’s Why an Incoming 30% Drop on Bitcoin Price (BTC/USD) Exchange Rate is Expected

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Krystle M
Krystle is an American cryptocurrency blogger that wants to see the future of crypto and blockchain technology evolve. She has been writing about cryptocurrency for about a year, with a special interest in blockchain technology and regulatory measures around the world. While away from writing and learning about the changes in the cryptocurrency industry, she likes to indulge in science fiction novels and further her experience in playing both guitar and piano.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Deregulating Bitcoin May Increase Speculative Trading Instead of Technical Innovation: Japan’s New Top Financial Regulator

Ryozo Himino, the new top financial regulator of Japan, wants the country to take caution over promoting digital assets, arguing that instead of promoting...

Goldman Sachs New Digital Asset Manager Reveals Plans to Bring A ‘Digital Token' to the Bank

U.S. financial giant Goldman Sachs is pushing forward its plans to launch a digital asset with the appointment of its new digital asset...

Grayscale Ethereum Trust Files with SEC to Halve the ETHE Locking Period Same as GBTC

Grayscale Investments has publicly filed a registration statement on Form 10 with the US Securities and Exchange Commission (SEC) on behalf of its Ethereum...

Florida Teenager Behind the Infamous Crypto Twitter Hack Pleads Not Guilty to 30 Counts of Fraud

Graham Ivan Clark, the 17-year old Florida teenager accused of being the main culprit of the most significant privacy breach in Twitter’s history, has...

Bitmain’s Management Feud Is Finally Affecting Business Operations; AntMiners Shipments Delayed

Bitmain’s top-level struggles cause a three-month delay in Antminer hardware. Two mutually exclusive solutions offered to customers. The constant wrangling within the largest Bitcoin...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today