Altcoin News
Tron May Be The First Digital Currency With A Sustainable Model
Tron network has been receiving a lot of accreditation of late. Lots of persons in the crypto space are referring to it as the “best performing” cryptocurrency of the year. Despite its fall in 2018 mid-December, Tron has grown steadily and has even doubled in price.
Tron and BitTorrent
A major development took place in the cryptocurrency space when Tron network purchased BitTorrent last year.
Justin Sun, CEO of Tron said that the main reason Tron purchased BitTorrent is because it will make it possible for them to test scalability in a way that has never been done before. He also pointed out that BitTorrent has a very good and capable team. He further stated that although Tron has acquired BitTorrent, they will all work on different projects with the Man aim of decentralising the internet. One of their collaboration is Project Atlas. A project that will give incentives to BitTorrent users to encourage them to share contents using cryptocurrency.
2019 is Looking Like A Great Year For Tron
Tron is a start up project with a lot of potentials especially in the form of partnerships. Experts have predicted the value of digital currency to hit $12 by the end of 2019, they have also predicted that the Tron value may get to $52.91 by 2020. The value of Tron comes from its decentralized apps and active users.
Tron Ahead Of Ethereum
The dapp usage on Tron network has of recent exceeded that of Ethereum in terms of daily active users and dapps.
According to reports by DappRadar, the top three dapps on the Tron network have about 2,300 users on average. About 2,500 active users visits Tronbet, giving a transaction volume of two million everyday.
When compared with Ethereum, the top three dapps on Ethereum has 700 users on an average. The three biggest dapps on ethereum are IDEX, Crypto Heroes, and ForkDelta.
