Justin Sun Bullish on TRON Development Community, BitTorrent Merger
TRON (TRX)–Justin Sun, the outspoken and headline-making founder of TRON and the TRX token had strong words to say over the development of his currency. In particular, Sun lauded the development team behind TRON, including the TRON Foundation and open-source development community, as being one of the primary driving assets for the cryptocurrency. In addition, he took the opportunity to make a minor jab towards Ethereum and the ETH coin, stating that he believed TRX’s development community outpaced that of Ethereum in both volume and activity.
Speaking in an interview with Investopedia published on Friday, Sun expanded upon his reasoning for the advantages of TRON’s development community over that of rival currency ETH,
At TRON we always emphasize the importance of accessibility and our dedication to the community. That’s why we made sure to deliver on our goals of being faster and cheaper than Ethereum, providing an easy-to-use and affordable network to our vibrant community of talented developers. Not only that, we made sure to back our strong technical capabilities with a global support system that spans across various platforms, including Telegram, Slack, WeChat, and email, providing personalized and prompt technical support to the community.
In addition to taking the opportunity to boast his coin’s features over that of Ethereum, the second largest cryptocurrency by market capitalization, Sun was also asked about his road map for guiding TRX into the top ten of market cap–with the coin sitting just outside at the eleventh position. Among the reasons Sun gave, he highlighted building upon the decentralized application ecosystem as a pathway for TRON to potentially dominate, in addition to building out the brand via greater recognition with the high profile BitTorrent acquisition. In his words, the founder called for the merging of the current TRON platform and BitTorrent to create a novel project, one that will drive greater development interest and provide more substance for the TRX investment and user base,
There are a few steps, but it starts with making our decentralized application ecosystem more robust. We’re aiming to complete one of our key milestones in the fourth quarter: to combine TRON and BitTorrent and create a unique and outstanding product. We will leverage TRON’s blockchain expertise to enhance the decentralized BitTorrent protocol, which has over 100 million monthly active users.
Despite the TRON founder’s claims that the TRX development community outpaces that of Ethereum, CCN has pointed out that volume for events such as the recently held Hackathon would paint a different picture. According to the news outlet, San Francisco’s most recent Hackathon included 1,000 developers committed to further growing Ethereum–a volume that TRON would currently find hard to match. However, Sun believes that superior utility through TRX and the TRON platform will eventually lead to outperforming the competition. While BitTorrent provides a unique proposition for the cryptocurrency to tap, TRX also offers advantages in the realm of smart contracts, an industry that has traditionally belonged to Ethereum,
The TVM is fully compatible with Ethereum’s EVM. Additionally, it costs a fraction of one TRX to support smart contracts on the TVM and to create TRON accounts. Because the cost is so minuscule, we say “almost free”. By comparison, creating and supporting contracts on Ethereum and EOS can cost a user more than $10.