Last week, Binance CEO, ZHAO Changpeng aka CZ tweeted a question asking what people think will be the next bull run. The tweet read,
“What do you think will be the trigger for the next bull run? (I get asked this question often, and honestly, I don't know the answer, other than keep building)”
To which Tron founder, Justin Sun replied,
“#DApp in #TRON and @BitTorrent project Atlas. #TRX $TRX”
You can read the rest of the exchange at
What do you think will be the trigger for the next bull run?
(I get asked this question often, and honestly, I don't know the answer, other than keep building)
— CZ Binance (@cz_binance) December 8, 2018
His claim is based on the fact that the ethereum’s increased decentralized applications capabilities, was partly responsible for the 2017 crypto market bull run.
While Justin’s claims may seem a little farfetched –after all, he’s known for hyping up the Tron Foundation and its projects- the reality is that Tron has performed incredibly well in 2018.
Tron, which was initially created on the ethereum blockchain, pulled out of ethereum, starting its own network and successfully sustaining its growth momentum.
Ethereum used to be the darling of the crypto world with those unique features, thus causing many projects to create their tokens and dapps on its platform.
Unfortunately, that hasn’t been the case this year. Ethereum’s scalability problems and the mass abandonment by many projects has seen developers and crypto founders seeking alternative platforms that are faster, more efficient and more powerful.
Justin Sun think Tron might be that option for developers, partly because of its increase dApps capabilities as well as its upcoming Project Atlas.
In case you didn’t know, Project Atlas is an alternate name for BitTorrent, the torrent platform it acquired for over $100 million this year. Tron’s leap this year has established it as one of the best performing cryptocurrency projects this year.
The project has successfully followed its roadmap and is making great progress, while many other cryptocurrency projects have lagged behind in their development.
Tron is currently running its own mainnet and encouraging developers to get on board. In fact, it’s positioning itself to be the next ethereum through its modus operandi.
The most recent episode of it challenging ethereum is in creating an enabling environment of developers to get on board its platform and deploy their dApps there.
When CryptoKitties were launched, ethereum’s scalability hit a wall early in the year, resulting in significant congestion issues, and subsequent abandonment by developers who took their dApps elsewhere.
Tron is hoping to attract many of these developers. Last month, Tron welcomed Blockchain Cuties, a crypto collectible game and BitGuild’s Dapp Bitizens –both of which were formerly on the ethereum platform.
Sun has been encouraging more developers to come on board. In a November 26 tweet targeted at wooing developers from the ethereum platform, he said,
“In bear market, #Ethereum developers should migrate your token to #TRON immediately. 1. 0 transaction fee, no gas in #TRX. 2. Compatible to #ETH, 0 migration cost. 3. 2000 TPS. 4. #TRON dex listing. You can easily increase your token value 100% with High liquidity. $TRX”