TRON’s Mainnet Launch Close, TRX Airdrop To Thank ETH Community

If you had one ETH in your wallet (from January 1, 2018) as at April 20, 2018, you would have the opportunity to see the free TRX tokens that are airdropped to your address in the last ten days. The airdrop value can be checked by entering your Ether address via https://etherscan.io/ and refer to the ‘Token Balances’ on the following page. According to reports last month, TRON’s (TRX) founder Justin Sun revealed that an airdrop campaign would be launched for the Ether community. It will be designed to give Ethereum’s transactions Tron’s fast trading time and network.

SEE ALSO:   Dfinity raises over $61 million, rivals Ethereum (Dfinity Review: Dfinity vs Ethereum) - Cryptocurrency News Analysis - Sat Sept 22

According to the report, 30 million TRX will be randomly airdropped to Ethereum wallets, as long as the wallet had at least one ETH starting from April 20, this year. TRON claims that the airdrop is a for the network to thank ETH for its support for the ERC20 token before Tron’s coming Mainnet Launch when all tokens will shift to their Blockchain. Even though the airdrop went as a supportive move, there is some rivalry between Ethereum and TRON, especially after Sun criticised Ether when comparing it with TRX based on the points below.

SEE ALSO:   Cryptocurrency Prices List Live Chart: Ethereum (ETH), Bitcoin (BTC), Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), Litecoin (LTC), NEM (XEM) - Sat Sept 22

Why is TRX Better Than ETH?

According to Sun TRX is better than ETH in the following categories:

  • 10000TPS vs. 25TPS
  • Consistent coinburn vs. no coinburn
  • Zero fees vs. high fee
  • Strong extensibility vs. no ex.
  • Java vs. Solidit.
  • 100 million users vs. small number
  • 1 billion USD developers reward vs. no plan.

Vitalik Buterin, ETH’s founder, included an additional point;

  • Better white paper writing ability

At as press time, TRX is trading at 0.08 USD, a decent recovery following its 0.295 USD April low. The token remains on the upward trend, but one thing of note is how the digital token reacts regarding price when the Mainnet goes live. Whether it will be good or bad remains to be seen.

SEE ALSO:   Some Of The Top Contenders Of Ethereum (ETH) – Stellar Lumens, Cardano (ADA), And Others 

 

 

 

 

 

 

 

 

 

 

 

 


LEAVE A REPLY

Please enter your comment!
Please enter your name here

5 × 4 =

This site uses Akismet to reduce spam. Learn how your comment data is processed.