Tom Arran, Monday 8th April 2019, 4:49 PM CEST
Ethereum and Tron

Ethereum and Tron to officially Collaborate

The CEO and Founder of Tron, Justin Sun, revealed on Monday, April 8th that there is a chance that Tron and Ethereum could be partnering up for the first time.

The Crypto Chick Podcast, hosted by Rachael Wolfson, had Justin Sun on her show. Though they were more focused on the upcoming project between Tron and Stable Coin, she also made a point to address the potential of collaboration between Ethereum and Tron.

Mr Sun commented saying, “First of all, everybody knows that Tron and Ethereum compete in the Dapp [sector], for sure. But I think definitely that this competition will result in a better product – the competition between Ethereum and Tron benefits the whole industry.”

Tron initially launched on the Ethereum blockchain platform as an ERC-20 Token. Eventually, Tron migrated over as its sustainable platform in Mid-2018. Justin Sun has claimed that their blockchain is cheaper, faster and considerably more scalable than Ethereum. Since the two companies split, the battle between these two figures has been dramatic.

Towards A Brighter Future

The Founder & CEO of Ethereum, Vitalik Buterin, recently took to Twitter. He made sarcastic remarks regarding the possibility of the two blockchain firms connecting once again. This has Justin Sun retaliate with positivity, showing that Tron is willing to co-operate with Ethereum again.

“In terms of the comments he made recently, and the picture: Right now, I’m actually into love – the true love, and the brotherhood of the industry. So I think that in the future we will even collaborate with lots of the Ethereum developers, and also the enterprises built on Ethereum before if we make the industry better,” Sun stated.

Tron’s Upcoming USDT

Sun also elaborated on the Crypto Chick podcast on the scheduled USDT on Tron. The USDT is set to be launched on the 9th of April, one day after the podcast aired.

“The StableCoin is the most important thing when we come to the infrastructure and the whole industry. I think this partnership means to the industry that in the future the USDT will be more reliable, faster and cheaper,” Sun added.

Author: Tom Arran

Tom has over 10 years experience on crypto currencies, first mining bitcoin on an old university computer for 20 cents a coin to now day trading bitcoin in between helping to start whichbroker.com. Tom has previously held roles at a leading EU brokerage and provided insight and consultancy work for number of UK banks in Crypto. Tom Arran can be contacted at [email protected], View all posts by Tom Arran

Featured Brokers

  • zulutrade review

    Open ZuluTrade Account

    Read ZuluTrade Review

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • CEX.IO

    Open CEX.IO Account

    Read CEX.IO Review

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • hymarkets Review

    Open HY Markets Account

    Read HY Markets Review

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

More From Author