|Oct 20, 2018 12:23 PM||By: Ben Noble | 1674 Views|
Yesterday, Tron exceeded Ethereum in daily transactions for the first time.
Tron’s token, TRX, had the most significant burst of transactions on its network with about 600,000 deals on the day, binding out Ethereum (ETH) 599,354 to 565,791. According to TRXPLORER.io, 77 percent of Tron’s transactions were from Smart Contracts.
Although the explosion yesterday seems to be an exception, it was still a historic moment for the Tron project. The organization has famously promoted itself to be the better cryptocurrency than the better-known Ethereum project. The legitimacy of Tron's supremacy has been heatedly debated, and the fight between Ethereum and Tron foundations and associations will likely remain for the foreseeable future.
The report of a “partnership” with Baidu could be the leading factor in the spike in transactions recognized on the 18th. CEO Justin Tron was heavily criticized for false marketing by expanding the collaboration as he often does, but the market shows that enough of the community got the hype. Even still, crypto twitter did not let him off the hook easy as they voiced their displeasure with Tron’s antics