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.

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:   Litecoin (LTC) Price Set to Burst Even if it is Oversold at $100

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:   Ethereum (ETH) Price Prediction 2018: Will the Value of Ethereum Crash Further or Is It worth Investing? (ETH News Today)

 

 

 

 

 

 

 

 

 

 

 

 

loading...

Legal Disclaimer: The content of this website (smartereum.com) is intended to convey general information only. This website does not provide legal, investment, tax, etc advice. You should not treat any information on smartereum.com as a call to make any particular decision regarding cryptocurrency usage, legal matters, investments, taxes, cryptocurrency mining, exchange usage, wallet usage, initial coin offerings (ICO), etc. We strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. Neither smartereum.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from smartereum.com.

SEE ALSO:   Ethereum vs EOS Prediction: Can Ethereum Survive The Competition? As EOS Plans To Join the Battle for Dapps This Year - Crypto News Today

Leave a Comment

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

Get Smart About Crypto!


Promise we won’t spam you!

We Are Hiring

Click here if you would like to join one of the fastest growing blockchain news companies in the world!