0
📰 News
457 views

Justin Sun: Tron to Work with Ethereum Devs in 2019, Tron-USDT to Launch Soon

  • Alex Dovbnya
    📰 News

    🔥✊Tron’s Justin Sun says his company plans to cooperate with Ethereum despite their rivalry in order to advance the global crypto industry

Justin Sun: Tron to Work with Ethereum Devs in 2019, Tron-USDT to Launch Soon
Contents

While speaking on a recent The CryptoChick podcast episode, Sun stated that despite the rivalry, Tron plans to start cooperating with ETH devs on a few ideas later this year.

Justin Sun: Tron to Work with Ethereum Devs in 2019, Tron-USDT to Launch Soon

Justin Sun advocates cooperation between crypto platforms

Sun did not mention any details regarding the cooperation with Ethereum or even if Vitalik Buterin will be involved. Still, Tron plans to team up with some of the ETH development teams.

He admitted that the two platforms have been competing, but this competition is ultimately beneficial for the global crypto industry.

Tron recently has been taking the lead from Ethereum regarding dApps. In a recent tweet, Sun wrote that the amount of dApps running on Tron now exceeds 246.

As of last autumn, Tron has been luring dApp devs from Ethereum and EOS. Specially for new platform members, the Tron Foundation set up a special fund, so they can work without worrying about finances.

👉MUST READ

Bitcoin Platform Kraken Taken to Court by Ex-Head of Institutional Sales

Bitcoin Platform Kraken Taken to Court by Ex-Head of Institutional Sales

Tron-USDT is about to fire away

In addition, on the podcast Justin Sun said that the Tron-powered USDT token that was announced recently will be launched on April 9. He said that this will allow USDT transactions to become easier and cheaper and will also be beneficial to Tron.

Earlier, U.Today reported that Tether Ltd has partnered with Tron to launch a USDT dollar-pegged token powered by Ethereum’s rival.

👉MUST READ

Forbes: Litecoin (LTC) Price Triples in Q1 2019, Gaining Over 200%

Forbes: Litecoin (LTC) Price Triples in Q1 2019, Gaining Over 200%

Other updates Sun promises

Among other innovations Justin Sun has recently promised is the upcoming release of the Sun Network. As per the Tron founder, this will be another step towards achieving 100-percent scalability for Tron.

Also, Justin Sun promised the launch of a new privacy-oriented network powered by the protocol used by Zcash.

Cover image via u.today
Subscribe to U.Today on Facebook, and get involved in all top daily cryptocurrency news, stories and price predictions!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

👓 Recommended articles

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings