All Hype? Tron (TRX) Says Its New Network Has Reached 2,000 Transactions Per Second

In a new blog post, Tron Labs says it successfully achieved 2,000 transactions per second in tests on its new network.

“Along with finishing the mainnet launch in a much shorter timeline, TRON was able to produce Transactions Per Second (TPS) speeds of 2000 TPS, compared to Ethereum’s 25 TPS.”

At the end of the month, the platform is planning to let token holders vote for super representatives who will power the network’s capacity. After that, we can expect to see some real-world results on Tron’s speed.

Tron founder Justin Sun also trolled Ethereum on Friday, publishing an image comparing Tron’s attributes to Ethereum’s “poor scalability,” “high fees” and “authoritarian rule.”

Why #TRON is better than #ETH: 1. 2000TPS vs. 25TPS 2. Popular sovereignty of token vs. Authoritarian rules 3. 100M Dapp users vs. Thousands 4. None fees vs. High fees 5. Coin burn vs. No coin burn 6. $2B bonus vs. Zero 7. High scalability vs Poor scalability #TRX $TRX pic.twitter.com/W7jEjmx0wp

— Justin Sun (@justinsuntron) June 1, 2018

There may not be a whole lot of love lost between Sun and Ethereum’s creator, Vitalik Buterin.

Back in in April, Buterin fired back when Sun said Tron would reach 10,000 transactions per second.

8. Better white paper writing capability (Ctrl+C + Ctrl+V much higher efficiency than keyboard typing new content)

— vitalik.eth (@VitalikButerin) April 6, 2018

As for the speed of Ethereum, Buterin says it’s capable of reaching millions of transactions per second in the future, using scaling solutions like sharding and plasma.

Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.