What is actually crypto — asset, currency or collectible?

What is actually crypto — asset, currency or collectible?

Coinrail has a recovery plan, Cambodian investors need a license, Vietnam approved a cybersecurity bill, Australia will collect Capital Gains Tax, Japan will release new guidelines, SEC threatens McAfee, BitTorrent's price, the US officials will disclose their crypto holdings.

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Is Ethereum Really ‘A Thing of the Past’ As Tron’s Justin Sun Claims?

The co-founders of Ethereum and Tron have recently engaged in a battle of wits on Twitter. In a recent interview, Vitalik Buterin, the co-founder of Ethereum had commented on the competition between Ethereum and Tron. He claimed that he would “lose hope in humanity” if Tron usurps Ethereum. Justin Sun came with a witty response on Twitter satirically praising Ethereum while at the same time diplomatically placing it to a veteran status; a thing from the past. Recently, a Chinese Institution also ranked Tron above Ethereum in its list of Public Blockchains. When #TRON succeed, we will build a monument in memory of #ethereum! @VitalikButerin will be remembered for his tremendous contribution in #blockchain industry! #TRX #BTT https://t.co/ig3Yg50NND — Justin Sun (@justinsuntron) March 24, 2019 Ethereum vs Tron: let’s Look At the Facts Ethereum, released in 2015 is the pioneering Dapps Platform currently placed second w.r.t total market capitalization. Tron Foundation was initiated in 2017 on the Ethereum platform itself. However, it is far more capable can Ethereum in terms of scalability and has also implemented Proof of Stake (PoS) on its Blockchain. Tron is currently ranked 11th w.r.t total market capitalization. Transactions per day Ethereum transactions per day chart The transactions on Tron are four times that conducted on Ethereum. Therefore, the usability of Tron is far greater than Ethereum. The number of transactions on Ethereum is primarily in the 500k-600k range. No. of transactions per day on Tron While the number of transactions executed on Tron per day is ranging in the 1.5 M to 2.2 M range, the volatility in the ‘number of transactions’ on Tron is considered significant. The transactions are ranging from 2.9 M to 1.5 M in fourteen days. The number of Dapps that follow TRC-20 protocol is increasing at a rate of one new Dapp every day. The race to the Top The Total Market Capitalization of Ethereum is almost $13 billion more than Tron. The total circulating supply of Tron is 66.68 billion, while the total quantity of Ether (ETH) tokens is 105.5 Million. Therefore, to overcome a difference of 13 billion dollars, Tron would have to gain ten times its current price while the price of Ethereum remains the same. The growth of Tron is exponential. Nevertheless, looking at the current statistic and development of Ethereum, Buterin’s Ethereum might have the upper hand on Tron in terms of price. However, the reward vs. risk ratio on Tron is comparatively less than Ethereum at current prices. Moreover, Tron leads in front of Ethereum in terms of technical prowess. Hence, only time will tell whether Justin Sun’s claims are really true. What are your views on which platform be the ultimate leader in Dapps and smart contract development?  The post Is Ethereum Really ‘A Thing of the Past’ As Tron’s Justin Sun Claims? appeared first on Coingape.
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Justin Sun: Tron Will Build A Monument To Remember ETH And Vitalik Buterin

Tron’s founder Justin Sun has been known to be one man who likes stokes the fires especially in regard to TRX and other cryptos. In the past, he has been quoted throwing jabs at other crypto teams like the Ethereum Foundation. He has also gone above and beyond to keep the TRX talk going online. This time around, Justin Sun is throwing some sarcasm at Vitalik Buterin and ETH. In a tweet, Justin intimated that if Tron finally succeeds, the company will be happy to erect a nice monument for Vitalik Buterin and his ETH in remembrance of his massive contribution to the crypto community. Reading between the lines, you can help but notice some tinge of sarcasm in Justin’s remarks, especially given that he has always argued that Tron will one day overtake Ethereum. When #TRON succeed, we will build a monument in memory of #ethereum! @VitalikButerin will be remembered for his tremendous contribution in #blockchain industry! #TRX #BTT https://t.co/ig3Yg50NND — Justin Sun (@justinsuntron) March 24, 2019 Vitalik’s Sentiments On the same thread, influential cryptoanalysts and enthusiast Misha Lederman was quick to throw in his input, quoting Vitalik Buterin as saying that he would be really disappointed in humanity if Tron ever beats Ethereum. He then went ahead to offer his own opinion on the matter, saying that the real question is when, not if, Tron will eventually surpass Ethereum. Reactions Justin’s tweet seems to have attracted quite some attention from across the crypto world, with various online characters coming out to give a piece of their mind. Some thought that Sun’s tweet was somewhat in bad taste and that he should instead concentrate on building his Tron empire and not attacking other people. However, there are those that agreed with him. To these, Tron is on its way to great glory and Ethereum will eventually bow to it. On the other hand, some users didn’t buy the story. They argued that Tron is still too far back away to even think of ever overtaking Ethereum. In fact, someone said that Tron can’t surpass Ethereum even in 10 years’ time. Vitalik is yet to respond to Justin Sun’s tweet, and it would be interesting to what turn the debate takes from here. The post Justin Sun: Tron Will Build A Monument To Remember ETH And Vitalik Buterin appeared first on ZyCrypto.
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