TRON network “more decentralized” than Bitcoin or Ethereum, says executive Tom Mao
TRON executive, Tom Mao, in a recent interview spoke about the network and how its proof-of-stake system makes TRON network “more decentralized” than Bitcoin or Ethereum.
In the recent interview with Youtube channel CodeXpert, Mao stated that Bitcoin and Ethereum’s proof-of-work mining systems lead it to centralized mining pools. He also pointed out the amount of energy usage involved with proof-of-work.
The major scalability problems that have been holding back major cryptos like Ethereum and Bitcoin in terms of large-scale adoption of the coins has already been solved by TRON, according to Mao. He also added that Tron network can handle around 2,000 transactions per second as compared to 10-15 TPS for Ethereum.
When the executive was asked if TRON was an ‘Ethereum-killer’, he stated that different blockchains have different use cases. However, Mao added that from the perspective of developers and businesses who are looking forward to adopt some kind of blockchain or cryptocurrency solution, there are definitely advantages of TRON over Ethereum. In fact, he encouraged dApp devs to move smart contracts to the TRON network.
It is to be noted that recently TRON founder, Justin Sun, took to Twitter stating that TRON will build a fund to rescue Ethereum [ETH] and EOS [EOS] developers from the “collapse of their platform” only if they move their Decentralized Applications (DApps) to the TRON network.
Recently, Sun also invited Ethereum Classic development team (ETCDEV) members to join TRON after it got shut down due to market crashdown and cash crunch in the company.
Mao was also asked if he considers Ethereum 2.0 will be threat to TRON. He stated that he have not done any comparative analysis, so it will be difficult for him to answer that. However, Sun might have answered it previously in an interview with BadCrypto. Sun was asked why he thinks that Ethereum can never beat TRON in transaction volume.
He responded that he believes that Ethereum cannot “change from proof-of-work (PoW) to proof-of stake (PoS) anymore because there’s so much conflicts and interest of conflicts in Ethereum.” Justin Sun mentioned that Ethereum’s transaction volume has always stuck to somewhere around 500k- 600k. On the other hand, TRON is already two times better than Ethereum.
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