Tron (TRX) Single Day Transaction Increased By 741%, Other News Confirming Its Awesomeness
Tron (TRX) has come again to the crypto space to show its remarkable achievements in various areas two months after its Independence Day. The cryptocurrency flaunts that its daily transaction has increased by 741% since July.
In a notification message sent to Tron community today, Tron Foundation made known that account numbers as at 29th of August on the Tron network is 282,859, signifying that it has increased by 1,431% when compared with July.
Tron furthered that account numbers on the platform compared with when the Mainnet was launched increased by 46,500% since June 25.
However, when compared with Tron’s accounts on Ethereum, it has increased 11 times. Interestingly, Tron account is now at par with EOS.
Daily Transaction On The Increase
Tron reached 416,497 single day transaction peak on the 26 of August, a massive 751% increase since July. When the single day transaction is compared with when the Mainnet was launched, it has increased by 13565%.
Meanwhile, Tron’s single day transaction is 46 times when compared with that of Ethereum. At the moment, Tron network’s single day transaction has 31% that of Ethereum.
The cryptocurrensy said in terms of decentralization it is doing way better than Ethereum and Bitcoin.
Competition Between Tron And Ethereum
Tron has the intention of outperforming Ethereum network in every way possible. On the 26th July, Justin Sun the Co-Founder of Tron compared Tron’s network to Ethereum, saying it is 80 times faster.
He tweeted: “TRON is 80 times faster than Ethereum. With 14 years of experience, @BitTorrent is providing a world-class service to 100 million users in 138 countries. Add the two together and you get the largest and most advanced peer-to-peer network in the world! #TRONBT $TRX”
Justin had earlier dropped a weighty information on Twitter claiming Tron is now better when compared with its stay on Ethereum network. Although the criticism received myriads of remarks, in fact, Ethereum’s Vitalik Buterin also teased the cryptocoin.
Not long, Justin Sun released a picture showing why Tron is better than Ethereum.
He tweeted: “Why #TRON is better than #ETH: 1. 10000TPS vs. 25TPS 2. zero fee vs. high fee 3. consistent Coinburn vs. no coinburn 4. Java vs. Solidity 5. strong extensibility vs. no ex. 6. 1 billion USD developers rewards vs. no plan 7. 100 million users vs. small number #TRX$TRXpic.twitter.com/WvxH5EToa8”