The co-founder of Ethereum, Vitalik Buterin is once again in the center of our ethereum news after the co-founder of TRON Justin Sun posted a series of tweets mocking Buterin and his cryptocurrency.
Sun posted on Twitter that he promises to build a monument honoring Ethereum if the TRON cryptocurrency ever gets down from the second position as the largest coin by market cap. Sun ironically praised Buterin for contributing to the blockchain sector but their rivalry is obvious.
‘’When #TRON succeed, we will build a monument in memory of #ethereum! @VitalikButerin will be remembered for his tremendous contribution in #blockchain industry!’’
Sun’s mockery comes right after the China’s Center for Information and Industry Development published a report showing that Tron is on second position and Etehreum came third. The first position as we reported previously is occupied by EOS which shows that the rankings were unchanged from the previous edition which was release at the end of February. The criteria that are used to rank the cryptocurrencies include innovation, technology and applicability.
The rivalry between the two co-founders is not something new. At the start of March, while speaking for the Unchained podcasts, Buterin stated that he wouldn’t mind if Ethereum ever gets overtaken by another blockchain. However he said that if that happens, he will lose a certain amount of hope for humanity if that would be TRON.
Unlike Justin Sun who sees Ethereum as its competitor, Buterin says that his biggest competitor is Dfinity.
In February, Buterin addressed for an interview that the decentralized file-sharing network BitTorrent has appeared on the crypto market and then, the supporters of TRON thought that Buterin was praising a decentralized-file sharing platform. BitTorrent as you know was acquired by the Tron Foundation in 2018. Sun took the chance to say how Buterin is obsessed with BitTorrent.
Buterin of course rebutted the claims, saying that the video was recorded in 2017 which was a year before the Tron Foundation acquired the BitTorrent platform:
‘’That interview was from Aug 2017. Tron acquired bittorrent in Jul 2018. My praise for bittorrent had nothing to do with Tron. This is like implying that because I like avocados, I approve of everyone who has ever bought an avocado.’’
Ethereum Price Closer To $175: Is $182 The Next Milestone For ETH?
- The technical indicators are as following:
- Hourly MACD – The MACD for ETH/USD is pushing higher and gaining a bullish momentum, with a lot of positive signs.
- Hourly RSI – The RSI for ETH/USD surged above the 60 level and it is right now stabilizing near 75.
- Major Support Level is at $168
- Major Resistance Level is at $175
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Tron Has Fastest Growing DApp User Base, But Ethereum Is Still The Developers’ First Choice: Report
“The Ethereum-based games have already created a stable community with a group of loyal audience.”According to the numbers in it, the Q1 of 2019 showed that 504 DApps were added to the DApp.com list, of which more than half were Ethereum-based.
“It shows that Ethereum is still the No.1 choice for developers to build their dapp on. At the same time, we also have seen a trend in multi-chain developing, as many Ethereum dapps expand on multiple chains, such as Ethereum + EOS or Ethereum + Tron," the report sums up.The number of active DApp users on the Tron blockchain reportedly amounted to over 300,000 while on EOS it is around 260,000. The report also showed that by the end of Q1 2019, the number of Tron wallets exceeded $2.3 million and about 15.46% of them interacted with DApps. Around 85% of Tron's DApp users interacted with the apps in Q1 2019 which translates to Tron being the most active chain among the four blockchains. The report also pointed out that 95% of the EOS DApps reported a transaction in the first quarter of the current year as did over 80% of Tron and Steem (STEAM) based decentralized apps. For more of the latest cryptocurrency news, head to our homepage!
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