News Tron (TRX) Vs. Ethereum (ETH): TRX Single-Day Transfer Volume...

Tron (TRX) Vs. Ethereum (ETH): TRX Single-Day Transfer Volume Surpassed The One Of ETH By 49 Times, Reports Justin Sun

-

- Advertisment -

The Tron Foundation just took to Twitter to release their weekly report on the work that they have been covering during the past week.

This detailed report highlighted tech developments, community activities and also partnerships that have been made in the Tron ecosystem.

Market transactions

Regarding the market transactions of the Tron foundation, on September 29, Tron live stream updates viewers on the progress of the technical application of Tron.

Statistics reported two essential things regarding the two core indexes; the account number and the transfer volume.

Tron MainNet accounts reached 399,718; the peak number of single-day transfer volume hit 440,135, and the average daily transfer volume was 146,041.

Technical developments

Regarding the tech developments made by the foundation, there was an anonymous transaction scheme that has been implemented on the Tron wallet.

This structure has been updated by enhancing the performance of the in-memory databases.

The update also includes a regulated exception handling and organized log specs.

It’s also important to note that the work in progress includes changes in the consensus protocol, resource delegation, resource ceiling, and dynamic change.

Community activities in the Tron Foundation

The activities include the Japanese social media giant LINE which launched its own crypto LINK.

More than that on October 15, the FCC released Coinwar, a market forecasting DApp on the Tron Mainnet.

The FCC team is also optimizing the product with more language versions.

Tron vs. Ethereum

Comparing the two during the same period after launch, Tron’s account number was 13 times the one of Ethereum, and the peak number of single-day transfer volume was 49 times the one of Ethereum.

Tron (TRX) Vs. Ethereum (ETH): TRX Single-Day Transfer Volume Surpassed The One Of ETH By 49 Times, Reports Justin Sun

The average daily transfer volume was 29 times that of Ethereum.

Another highly significant achievement was Tron’s announcement that it starts working with Chinese IT giant Baidu.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Make Fast and Secure Trades Using Bitengo.io

Bitengo.io is a Cryptocurrency trading platform that allows users to buy and sell their Cryptocurrency in a...

Network Security Using Cryptography: Everything you need to know

This article will describe what is Network Security Using Cryptography and everything you need to know before...

Mercuriex Cryptocurrency Exchange Launches New Utility Token, SURF

MercuriEx Cryptocurrency Exchange, originally developed in 2017, came under new ownership in December 2019. Since taking over the exchange,...

Fungibility: Bitcoin Mixers Favorite Term That No One Understands

Fungibility, perhaps the most important concept when dealing with a decentralized and anonymous currency, but does bitcoin...
- Advertisement -Tron (TRX) Vs. Ethereum (ETH): TRX Single-Day Transfer Volume Surpassed The One Of ETH By 49 Times, Reports Justin Sun

Crypto can’t thrive in the real world – but stablecoins can

We can safely say that the hype about cryptocurrencies is pretty much over. The claims of Bitcoin...

How to double your crypto

Most of us have a small gambler deep inside our souls. We love to feel the thrill...

Must read

Make Fast and Secure Trades Using Bitengo.io

Bitengo.io is a Cryptocurrency trading platform that...
- Advertisement -Tron (TRX) Vs. Ethereum (ETH): TRX Single-Day Transfer Volume Surpassed The One Of ETH By 49 Times, Reports Justin SunTron (TRX) Vs. Ethereum (ETH): TRX Single-Day Transfer Volume Surpassed The One Of ETH By 49 Times, Reports Justin Sun

You might also likeRELATED
Recommended to you