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.