Tron and Ethereum Might ‘Officially Collaborate,’ Justin Sun Reveals

Justin Sun, the founder and CEO of Tron, recently revealed the possibility of a partnership between Tron and Ethereum.

Speaking to Rachel Wolfson aka the Crypto Chick on a podcast, Sun was more focused on detailing the upcoming Tether stablecoin on Tron. However, when asked, he also addressed the prospect of a collaboration with the smart contract leader.

“First of all, everybody knows that Tron and Ethereum compete in the Dapp [sector], for sure. But I think definitely that this competition will result in a better product – the competition between Ethereum and Tron benefits the whole industry,” Sun stated.

Though originally launched on the Ethereum blockchain as an ERC-20 token, Tron migrated to its own mainnet in mid-2018. Sun earlier claimed that Tron’s Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term is significantly faster, cheaper, and more scalable than Etheum’s network. Since Tron's migration, the battle for dominance in the blockchain space between the two players has been ongoing.

Vitalik Buterin, Ethereum’s founder, recently took to Twitter to lash out at Tron.

Toward a brighter tomorrow. pic.twitter.com/7FAWC7TS8z

— Vitalik Non-giver of Ether (@VitalikButerin) April 1, 2019

“In terms of the comments he made recently, and the picture: Right now, I’m actually into love – the true love, and the brotherhood of the industry. So I think that in the future we will even collaborate with lots of the Ethereum developers, and also the enterprises built on Ethereum before if we make the industry better,” Sun added.

Upcoming USDT on Tron

On the podcast, Sun also elaborated on the upcoming USDT Stablecoin Stablecoin Unlike other cryptocurrencies like Bitcoin and Ethereum, stablecoins are cryptocurrencies that have been designed to keep a stable value. Placing a greater emphasis on stability over volatility can be a huge draw for some investors. Many individuals can be turned off from large swings and uncertainty presented by cryptos relative to other traditional assets.Stablecoins control for this volatility by being pegged to another cryptocurrency, fiat money, or to exchange-traded commodities, including Unlike other cryptocurrencies like Bitcoin and Ethereum, stablecoins are cryptocurrencies that have been designed to keep a stable value. Placing a greater emphasis on stability over volatility can be a huge draw for some investors. Many individuals can be turned off from large swings and uncertainty presented by cryptos relative to other traditional assets.Stablecoins control for this volatility by being pegged to another cryptocurrency, fiat money, or to exchange-traded commodities, including Read this Term on Tron, which is scheduled for launch on April 9.

Demand for #USDT-#TRON is tremendous across the world! #BTT https://t.co/PjFatxEqBV

— Justin Sun (@justinsuntron) April 6, 2019

“The stablecoin is the most important thing when we come to the infrastructure and the whole industry. I think this partnership means to the industry that in the future the USDT will be more reliable, faster and cheaper,” Sun added.