TRON Finally Reaches 1M User Addresses
In the latest cryptocurrency news, altcoin TRON has finally passed the one million user mark. It basically refers to the accounts the blockchain protocol obtained. The numbers continue to increase as the executives pursue their criticism towards rival Ethereum.
One Million Addresses
Based on the statistics derived the TRON blockchain – which was reportedly uploaded to social media by Misha Lederman – the network is confirmed to acquire features of more than one million addresses. It is worth noting that Lederman is the cofounder of the cryptocurrency’s spin-off project called IAmDecentralized.org.
TRON was first launched via its mainnet earlier this year. Now, the digital asset is looking to become the go-to ecosystem specifically designed for developers who are seeking to be part of and develop decentralized applications or DApps.
The altcoin is known for its apparent public chiding with Ethereum. This, in particularly, simply constitutes TRON’s main rival named CEO Justin Sun, who predicted earlier this week a “slow implosion” for the altcoin.
Higher Than Ethereum
Commenting on the address landmark, Lederman suggested that the speed at which activity increased is also significantly higher than that of ETH.
“In comparison, (Ethereum) reached 1 million accounts on Jan 22, in 542 days or 18 months since (the Ethereum) Mainnet Launch,” he said.
As far as the responses are concerned, they all highlighted the fact that ETH had solely built its user base when the interest towards digital assets was marginal compared with all current conditions. But this was not entirely the narrative, especially since some believe otherwise.
For instance, there are those who said that despite the growth, TRX’s $0.02 price tag paled in comparison to ETH/USD. Based on the comparison, it is safe to say that it is currently at an average level. And it is something that happened even after a 90 percent decline from all-time high while maintaining a value of around $73.
Going Strong
It cannot be denied, however, that TRX is on the right path. As a matter of fact, the altcoin had shown strong daily growth this week, which all happened even before a correction across cryptocurrency markets saw the digital asset lose 15 percent in the 24 hours to press time.
ETH, on the other hand, managed to drop 12.6 percent in the same period. It is really interesting to see just how much of an impact the new milestone will bring to TRON, as well as its user base.