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Tron’s [TRX] Justin Sun says competing with Vitalik Buterin was good for cryptosphere

Akash Anand

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Tron [TRX]'s Justin Sun: 'The tussle with Vitalik Buterin has brought good products for the system'
Source:Pixabay

Mass adoption has been the cryptocurrency market’s key focus area for quite some time, with several proponents of the space reiterating the same as well. The most vocal luminaries of the cryptosphere have been Justin Sun, the CEO of the Tron Foundation, and Vitalik Buterin, the Co-founder of Ethereum.

In a video uploaded by CNBC’s Cryptotrader, Ran NeuNer spoke about the Token 2049 conference that included seminars by Justin Sun, as well as Vitalik Buterin. Justin Sun spoke not only about the organisation’s plans to bring more users to its fold, but also about the Foundation’s future. The Tron CEO talked about his ongoing tussle with Vitalik Buterin, candidly admitting that the arguments between the two have produced good developments for the space. In his words,

“The competition between the both of us is for the good of the space. We have also noticed that only good progress comes out of our talks.”

Sun also revealed that the Tron Foundation had roped in 5000 developers this year, with many more in the pipeline. He was asked whether his company’s multiple updates was a marketing ploy, to which Justin Sun replied that it was not the case. He said,



“The Tron blockchain has a better department, is faster and has a lot more users compared to the OMNI blockchain. You also have to understand that the transactions on the Tron blockchain are free.”

Admitting that mass adoption was a challenge, Sun said that the arrival of BitTorrent was a major boost with its user base of more than a 100 million active users. According to Sun, the 100 million users in the BitTorrent ecosystem have been integrated into the Tron ecosystem. The Tron Foundation official added,

“It is not just the number of user but it is also about the core developments that is happening in Tron. We have real TPS and real transactions with 3-5 DApps coming into the Tron blockchain everyday.”

Tron’s DApp development was also elaborated about in the Tron weekly report recently, which said that the market favoured gambling apps, and the ROI Apps, a high risk application.





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Bitcoin SV [BSV] gets hit with another reorg as multiple blocks get orphaned, including a 128 MB block

Akash Anand

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Bitcoin SV [BSV] gets hit with another reorg as multiple blocks get orphaned, including a 128 MB block
Source: Pixabay

Bitcoin SV [BSV] and its proponents have been making headlines over the past couple of weeks, either due to developments or because of comments made by its major proponents, Craig Wright, the chief scientist at nChain, and Calvin Ayre.

The network was also hit with several members of the cryptocurrency community alleging that the cryptocurrency itself is a sham without any use cases, as evidenced by its delisting on several popular cryptocurrency exchanges like Binance, Kraken and Shapeshift.

The latest news added salt to BSV’s wounds after it was revealed that the network went through another blockchain reorganization on a 128 MB block. This fact was pointed out by Nikita Zhavoronkov, the lead developer of Blockchair, who had tweeted:

“Whoops! $BSV has experienced yet another reorg, this time 6 (six!) consecutive blocks were orphaned (#578640–578645), this chain included a 128 MB block #578644 🤦‍♂️ The network was basically stuck for 1.5 hours, and this shows that even 6 confirmations are not enough.”

Orphaned blocks are valid blocks which are not part of the main chain. There are ways that they can occur naturally when two miners produce blocks at similar times or they can be a result of an attacker with enough hashing power using it for nefarious activities like reversing transactions.

A major reason why this reorg event made news was that a major 128 MB block was stuck in transaction, something that was not supposed to occur according to the initial claims made by the SV camp. Supporters of the cryptocurrency, however, have stated that despite being slower than promised, the transactions on the block settled faster than that on a Bitcoin Core block.



One supporter of BSV, mboyd1, tweeted:

“Orphaned blocks are a feature, not a bug”

To this tweet, Zyo, another cryptocurrency enthusiast replied:

“yes, but orphaning 6 blocks in a row is not good, that means that 6 confirmations is not safe. It’s a bug because the 100+ MB take way too long to propagate and validate. There is a reason why BCH doesn’t have [yet] 100+ MB blocks.”





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