Tron and Ethereum Might ‘Officially Collaborate,’ Justin Sun Reveals

Monday, 08/04/2019 | 08:09 GMT by Arnab Shome
  • The founders of the two blockchain firm recently took jabs at each other.
Tron and Ethereum Might ‘Officially Collaborate,’ Justin Sun Reveals

Justin Sun, the founder and CEO of Tron, recently revealed the possibility of a partnership between Tron and Ethereum.

Speaking to Rachel Wolfson aka the Crypto Chick on a podcast, Sun was more focused on detailing the upcoming Tether stablecoin on Tron. However, when asked, he also addressed the prospect of a collaboration with the smart contract leader.

“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,” Sun stated.

Though originally launched on the Ethereum blockchain as an ERC-20 token, Tron migrated to its own mainnet in mid-2018. Sun earlier claimed that Tron’s Blockchain is significantly faster, cheaper, and more scalable than Etheum’s network. Since Tron's migration, the battle for dominance in the blockchain space between the two players has been ongoing.

Vitalik Buterin, Ethereum’s founder, recently took to Twitter to lash out at Tron.

“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 added.

Upcoming USDT on Tron

On the podcast, Sun also elaborated on the upcoming USDT Stablecoin on Tron, which is scheduled for launch on April 9.

“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.

Justin Sun, the founder and CEO of Tron, recently revealed the possibility of a partnership between Tron and Ethereum.

Speaking to Rachel Wolfson aka the Crypto Chick on a podcast, Sun was more focused on detailing the upcoming Tether stablecoin on Tron. However, when asked, he also addressed the prospect of a collaboration with the smart contract leader.

“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,” Sun stated.

Though originally launched on the Ethereum blockchain as an ERC-20 token, Tron migrated to its own mainnet in mid-2018. Sun earlier claimed that Tron’s Blockchain is significantly faster, cheaper, and more scalable than Etheum’s network. Since Tron's migration, the battle for dominance in the blockchain space between the two players has been ongoing.

Vitalik Buterin, Ethereum’s founder, recently took to Twitter to lash out at Tron.

“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 added.

Upcoming USDT on Tron

On the podcast, Sun also elaborated on the upcoming USDT Stablecoin on Tron, which is scheduled for launch on April 9.

“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.

About the Author: Arnab Shome
Arnab Shome
  • 6417 Articles
  • 84 Followers
About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6417 Articles
  • 84 Followers

More from the Author

CryptoCurrency

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}