Honestly the daily transactions are pretty mind blowing, as Tron surpassed the top three other crypto networks in daily transactions (BTC, ETH, and XRP) combined.
The key takeaways here are:
- Killer apps can make a big difference for networks. Think about how CryptoKitties helped to lift of Ethereum last year.
- Tron has proven itself to be able to handle a large number of transactions.
- Tron is just getting started, TronBet is one of the DApps to run on this young network.
- We shouldn’t necessarily take it as a negative in terms of the other cryptos. XRP and BTC are all financial transactions, and Ethereum is a mix of financial and non-financial contracts. Ethereum needs some upgrades and could benefit from another killer DApp, but it is just a matter of time (also let’s not forget, Ethereum made Tron possible, Tron started as an Ethereum-based ICO). Point here being, this in my mind is good for crypto and is exciting even for a direct competitor like Ethereum, not bad for another top coin (especially not those who only essentially deal with financial transactions like XRP and BTC).
Point being, this is positive for the crypto space and for Tron specifically. Nice milestone!
— Misha Lederman (@mishalederman) November 5, 2018