Ethereum Transactions Are Outnumbered By Tron For The First Time - Tron (TRX) News. Monday, October 22nd
Ethereum transactions are outnumbered by Tron’s for the first time
Thanks to a crypto gambling app
Last week, Tron (TRX) achieved a significant milestone for its network, as the number of transactions on this blockchain protocol surpassed that of Ethereum. Justin Sun, CEO and Founder of Tron, didn’t miss the opportunity to tweet about this breakthrough.
“It is the first time that #TRON has surpassed #Ethereum in daily transaction. #TRX 599354 vs. #ETH 565791 in October 18th. It's just the beginning! $TRX” he commented, while sharing two linear charts to help picture the difference.
For at least three consecutive days, the amount of transactions on the Tron Network outpaced that of Ethereum, a performance that has been celebrated by Sun and the community supporting this blockchain. On the second day, the TRX’s number of transactions was of 630,018 versus 601,119 registered on the ETH platform, to which Sun called out all ETH developers to migrate from that platform to his.
To further boast about Tron’s benefits, a supporter compared the time passed since the launch of both mainnets, as to emphasize how fast the project for a “decentralized Internet” has been growing since. “#TRON surpassing #Ethereum in daily transactions starting to reach the News Fact to remember: #ETH MainNet went live 30 July, 2015 ~ 3 years & 3 months ago #TRX MainNet went live on June 25, 2022 ~ 4 months ago” he said.
A gambling app and smart contracts
The sudden increase in the number of transactions is attributed in part to the movement generated by the launch of a new Tron gambling app. TRONbet – a provably fair gambling application launched in October 13 – has been doing around 180,000 trx a day.
On the other hand, the activation of many smart contracts lately have also contributed to this milestone. According to TRXPLORER.io, on all the transactions registered on October 19, a 77% of them were because of the triggering of smart contracts on the network.
It is worth remembering that October has been a very productive month for the Tron project, with the launch of its major update Odissey 3.1, the activation of Tron Virtual Machine and the release of the tool suite for developing and deploying smart contracts.
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