Tron and Ethereum competition for Dapps

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Avatar for Terison
3 years ago

Ethereum has been synonymous with decentralized applications (Dapps) for the crypto world. Concentrating inside most of the smart contracts created using Blockchain technology. However, this dominance of Ethereum has found resistance in the birth of new cryptocurrencies, which try to offer better features than ETH. Getting to the point where according to Justin Sun in hisĀ Tweet, Tron has more active Dapps than Ethereum.

For several years now, Tron has put all its efforts to overcome Ethereum. Trying to offer better features for the development of Dapps within its Blockchain, of which ETH offers. Especially by providing greater potential for climbing.

Thus, while Ethereum, when the activity of its Dapps is too high, it encounters very high transaction execution times and commissions. Tron has achieved a much higher rate of transaction processing within its chain. Taking the commissions for using Tron to practically 0.

Thanks to this, in previous days Tron reached the figure of 10 million users on its blockchain. Arriving in the period between September 11 and 24 at 1,100 Dapps in its ecosystem. With a greater number of the same active than in the Ethereum and EOS Blockchain.

With these numbers, Tron seems to show that it is close to catching up with Ethereum, at least in terms of activity level. However, as long as the number of Dapps in Tron is not large enough, it is unlikely that a massive exodus from ETH to Tron will be seen.

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