Rival crypto offers Tron business proposal – what will happen if it’s accepted?
Tron recently completed its token migration and burned 1 billion coins to celebrate the day. Meanwhile, it got the attention of its rival crypto, Cardano for good.
Cardano founder, Charles Hoskinson in a series of tweets gave a business proposal to Tron founder Justin Sun. The twitter conversation between the leading minds of two promising blockchains impressed the whole crypto community. However, the proposal was a little confusing as well since for general Tron (TRX) and Cardano (ADA) are “rival” cryptos. They are both competing to get a stable place in the Top 10 of the global market cap.
On June 25, Charles Hoskinson tweeted tagging Sun, “you guys should use our mantis client instead of Ethereum Java https://github.com/input-output-hk/mantis … the code is much better, security audited and a consensus is pluggable for a DPoS style protocol.” The diverse reaction was observed but mostly it was filled with high expectations and much enthusiasm. People are expecting that it would result in economic benefits. Moreover, this kind of partnership would result in global adoption. Of course, scepticism was also a part of it, as some couldn’t even believe that the proposal is for real. In fact, Charles Hoskinson had to clarify that he is absolutely serious and the proposal has been offered with good intentions.
According to Cardano, Mantis has a number of advantages that would give Tron great strength. Justin Sun even responded to his suggestion to use the Mantis client, developed by the Cardano team instead of Ethereum Java. Justin Sun responded saying that they’re trying to build the best blockchain and would look into mantis as well, generating more excitement within the community. This news comes soon after their token swap process, as they’re setting up their own blockchain.
What will happen if Tron accepts Cardano’s proposal?
Using the Mantis client which was initially adopted by Ethereum Classic, would give Tron a breathing space. At the same time, it will give a higher level of marketability to this crypto as it has the lower level of adoption compared to Ethereum. Also, this will give the Tron development team some flexibility to assess this kind of partnership. Moreover, it will be beneficial when it comes to social networks. The comments on Twitter provided a good image to both the blockchains. It is not known what Sun will eventually decide, no official statements are out yet.
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