Tron (TRX) founder and CEO Justin Sun claimed that he thinks the Tron system will “officially collaborate” with Ethereum (ETH) this year. Sun created his comments throughout an interview on The Crypto Chick podcast on 7th April.
More exactly, Sun aforementioned that he thinks “even within this year we are going to see Tron even collaborate, formally collaborate, with Ethereum.” In response to a matter on Ethereum co-founder Vitalik Buterin’s recent tweets concerning Tron, Sun declared that he thinks “competition brings a much better product.” Sun additionally added:
“I think in the future we will even collaborate with lots of Ethereum developers and also the enterprises built on Ethereum before to make the industry better.”
Sun officially declared that a second layer scalable solution for Tron, that he claims can increase transactions minimum 100 times and dramatically decrease fees, are deployed in Q2 2019. Sun had recently tweeted concerning the answer — dubbed Sun Network — however, had evidently refrained from naming a launch date.
During the podcast, Sun additionally noted that the Tron-based version of stablecoin Tether (USDT) is ready to launch on Sun argued that the Tron-based version of the stalwart stablecoin can allow cheaper and quicker transactions than the Bitcoin (BTC)-based Omni protocol USDT.
Sun additionally noted that within the second quarter of this year, Tron will also introduce a “new network with a privacy option,” supported the technology employed by altcoin Zcash (ZEC).
In March it was reported that the two major crypto exchanges — Singapore-headquartered Huobi global and Malta-based OKEx — have declared their support for the Tron-based version of USDT.
On Friday, Radar, the startup behind decentralized exchange Radar Relay, which has raised $10 million last year and, declared that it will release new developer tools for the blockchain scalability tool Lightning Network.