Tron’s ‘Official’ Collaboration With Ethereum May Happen This Year, Hints CEO Justin Sun
Founder and CEO of Tron (TRX), Justin Sun asserts a surprising idea during an interview on The Crypto Chick podcast on April 6. He thinks that this year Tron’s ecosystem will “officially collaborate” with Ethereum (ETH).
To be precise Sund stated in response to a question about a recent tweet by Ethereum co-founder Vitalik Buterin about Tron, “even within this year we will see Tron even collaborate, officially collaborate, with Ethereum.” As per Sun the “competition brings a better product,” he added further:
“I think in the future we will even collaborate with lots of Ethereum developers and also the enterprises built on Ethereum before to make the industry better.”
The Tweet referred to in the question is as follows:
Toward a brighter tomorrow. pic.twitter.com/7FAWC7TS8z
— Vitalik Non-giver of Ether (@VitalikButerin) April 1, 2019
During the podcast, Sun went on to announce that a second layer scalability solution for Tron will be deployed in Q2 2019. As per Sun, the solution will increase transaction throughput at least 100 times and dramatically decrease fees. The CEO also tweeted about the solution, dubbed as the Sun Network, its the launch date hasn’t been revealed as of yet.
#TRON will release the detail of #Sun Network soon! #SUNNetwork is our layer 2 solution to achieve 100X scalability. #TRON’s dapp usage is poised to scale from the current millions to hundreds of millions after launch. GO #TRX and #BTT! #BitTorrent #BTT #TRX
— Justin Sun (@justinsuntron) April 3, 2019
Sun went on to note in the interview that the Tron-based version of stablecoin Tether (USDT) is set to launch on April 9. He claims that the Tron-based version will permit cheaper and faster transactions in comparison to that of Bitcoin (BTC)-based Omni protocol USDT.
The said stablecoin have already make a mark as two major crypto exchanges — Singapore-headquartered Huobi Global and Malta-based OKEx, have announced their support for the Tron-based version of USDT.
Image Source – Stock Photo Secrets