TRON: Reaches a New Milestone; Three Times Faster Than Ethereum

The TRON (TRX) Blockchain Protocol reached a new milestone on December 23rd, registering one million user accounts, according to the data on TRON’s website. The news was confirmed by Justin Sun, founder and CEO of TRON Foundation on his official Twitter account.

Tron Twitter

Misha Lederman, co-founder of IAmDecentralized.org first tweeted on his Twitter account that “it took only 184 days ( 6 Months) for TRON to achieve one million addresses after its mainnet went live this year. In comparison, Ethereum (ETH) accomplished the same target with 542 days (18 months) on Jan 22 this year, Let that sink in for a moment.”

According to the stats by Lederman in the above tweet, the TRON achieved one million accounts three times faster than Ethereum.

TRON (TRX) is a recent player in the blockchain space which launched its mainnet in the early part of 2018. According to Justin Sun, TRON is seeming to be the go-to platform for developers who can create decentralized applications (dApps).

Justin Sun is renowned for publicly criticizing Ethereum which is termed as TRON’s main rival in the blockchain space. To compare, there are other metrics that completely illustrates the relative growth of the TRON network. For instance, TRON officially surpassed the highest single-day transaction for Ethereum, last November. TRON’s daily transactions increased to 3.3 million.

TRON REACHES A NEW MILESTONE WITH ONE MILLION ACCOUNTS IN JUST 184 DAYS

While TRON has apparently taken the lead from metrics point of view, Ethereum is not behind, it recently took a step towards being able to process one million transactions per second after Red Eyes, the first version of the Raiden Network (RDN), an etiquette for computing token transfers on Ethereum, which was successfully deployed on the Ethereum mainnet.

While the Ethereum enthusiasts believe that Tron could not boast of this accomplishment since the market is more favorable now than the time that Ethereum was created. The current price of Tron token could not justify this recent achievement in its network.

Will Tron overtake Ethereum in blockchain space in near future? Share your thoughts in the comment?