Tron VS. Ethereum: Justin Sun Praises Ethereum’s 2019 Milestones

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Mon, 12/16/2019 - 10:09
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Yuri Molchan
Tron CEO Justin Sun congratulates his rival Ethereum on its 2019 milestones, says he looks forward to the Tron-Ethereum competition next year
Tron VS. Ethereum: Justin Sun Praises Ethereum’s 2019 Milestones
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The second biggest blockchain platform Ethereum has achieved significant milestones this year, ConsenSys writes (set up by Ethereum’s co-founder Joseph Lubin). The Tron’s chief Justin Sun sends his congratulations to the Tron’s major rival and says he looks forward to competing with Ethereum next year too.

Ethereum’s achievements in 2019

Among the major things Ethereum achieved this year, Joseph Lubin named the tremendous amount of user accounts setup on the chain – more than 20 mln.

More than $650 mln worth of Ether became locked in DeFi to be used as a go-to collateral assets for various blockchain dApps.

Lubin also points out that Ethereum miners got around 4.5 mln ETH as rewards for block generating this year.

Also, 520 new dApps have launched on Ethereum in 2019. The amount of new active Ethereum addresses this year totals 4 mln.

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Justin Sun praises Tron’s rival

In a recent tweet, the head of Tron congratulated Ethereum on the success achieved in 2019 and said he looks forward to competing with the second largest blockchain platform next year as well.

As for Tron’s most recent achievements, Justin Sun has announced an increase in Tron accounts to 4,307,736, saying that on average every day around 5,217 new accounts are added. In the first week of December, the amount of Tron-based dApps increased to 643.

Will Tron and Ethereum cooperate?

In summer this year, when taking part in a crypto podcast, Justin Sun hinted that Tron and Ethereum dev teams might work together in the future. 

OKEx CEO steps in

The CEO of the OKEx exchange, Jay Hao, has also sent his congratulations to Ethereum via Twitter.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.