Tron & # 39; s Justin Sun Hints for & # 39; Official & # 39; collaboration with Ethereum this year

3 min read

Tron (TRX) founder and CEO Justin Sun claimed that he believes the Tron ecosystem will "officially cooperate" with Ethereum (ETH) this year. Sun made his comments during an interview on The Crypto Chick podcast on April 6.

Specifically, Sun said he thinks: "Even within this year we will even see Tron working together, officially working with Ethereum." In response to a question about the recent creation of Ethereum, co-founder of Vitalik Buterin tweets about Tron, Sun said he believes that & # 39; competition yields a better product & # 39 ;. Sun also added:

"I think that in the future we will even collaborate with many Ethereum developers and also with the companies that were previously built on Ethereum to make the industry better."

Sun has also announced that a two-part scalability solution for Tron, which it claims will increase transaction flow at least 100 times and dramatically reduce fees, will be deployed in the second quarter of 2019. Sun recently had tweeted about the solution – called Sun Network – but had clearly refrained from naming a launch date.

During the podcast, Sun also noted that the Tron-based version of stablecoin Tether (USDT) will be released on April 9. Sun argued that the Tron-based version of the sturdy stablecoin will allow cheaper and faster transactions than the Bitcoin (BTC) based Omni protocol USDT.

Sun also noted that Tron is also launching a "new network with a privacy option" in the second quarter of this year based on the technology used by altcoin Zcash (ZEC).

As Cointelegraph reported in March, two major crypto exchanges – headquarters based in Taiwan, Huobi Global and OKEx based in Malta – expressed support for the Tron-based version of USDT.

On Friday, Radar, the startup behind decentralized exchanges Radar Relay, which raised $ 10 million last year, announced it will release new developer tools for the blockchain scalability tool Lightning Network.

http://platform.twitter.com/widgets.js window.fbAsyncInit = function() { FB.init({ appId : ‘1922752334671725’, xfbml : true, version : ‘v2.9’ }); FB.AppEvents.logPageView(); }; (function(d, s, id){ var js, fjs = d.getElementsByTagName(s)(0); if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = id; js.src = “http://connect.facebook.net/en_US/sdk.js”; js.async = true; fjs.parentNode.insertBefore(js, fjs); }(document, ‘script’, ‘facebook-jssdk’)); !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=();t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)(0); s.parentNode.insertBefore(t,s)}(window,document,’script’, ‘https://connect.facebook.net/en_US/fbevents.js’); fbq(‘init’, ‘1922752334671725’); fbq(‘track’, ‘PageView’);

Written by

Don Bradman

Leave a Reply

Your email address will not be published. Required fields are marked *