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Bitcoin Influencer Says Tron (TRX) Poised to Overtake Ethereum (ETH) – But Is He Bluffing?

by Daily Hodl Staff
January 3, 2020
in Bitcoin

Udi Wertheimer, an independent developer, Bitcoin supporter and former software engineer at PayPal, says Tron will overtake Ethereum sometime in 2020.

As 2019 came to a close, Wertheimer shared a video on Twitter from Tron founder Justin Sun, who was announcing a new partnership with Poloniex.

Wertheimer expressed his confidence Tron would surpass Ethereum in the battle for decentralized app supremacy.

“Watching Justin Sun discussing Tron+Poloniex. Tron is *so* going to flippen Ethereum in the next year or so, it’s not even funny. All of the DeFi bois don’t realize it yet, but they’re going to work for Just when he acquires ConsenSys.”

A few hours later, Wertheimer went into greater detail regarding why he thought Tron was more effective.

“TRON: More blocks, more transactions, fast development, business acumen, more usecases, proven to be censorship resistant so far.

ETHEREUM: Slow, inefficient, inflexible, development hell, complete lack of business skills, tyrants censoring whatever they dislike.”

Some analysts and Twitter commentators, however, have speculated that Wertheimer was trolling Sun – claims that correlate with his Medium bio, which includes the word “troll” as a descriptor.

Whether he’s serious or not, Wertheimer has continues to discuss the subject.

I’ve been approached by some EOS whales, they want me to stop shilling Tron and shill EOS instead. I told them @justinsuntron is a hero, but they say EOS will flipen ETH first..

I’m not sure, but they’re offering to pay good money!

What do you think? Who will flippen ETH first?

— Udi Wertheimer (@udiWertheimer) December 27, 2019

No Tron tips on the podcast until @justinsuntron gives me the raise I deserve. If he keeps playing hard to get we might have to pivot to EOS

— Udi Wertheimer (@udiWertheimer) January 1, 2020

Certain metrics continue to favor Ethereum, however.

DappReview, a company that tracks the performance of blockchain-based decentralized applications, released a report in mid-December that concludes Ethereum remains the king of decentralized apps.

“Ethereum remains the most significant smart contract blockchain. It grew the daily user base of its dapp ecosystem 118% in 2019, with daily value up 166%.

Ethereum is also the only blockchain to-date to successfully grow dapps across the four main categories: DeFi, Exchanges, Games, and Gambling and High-Risk.”

DappReview’s year-end review also highlights spam on the EOS network which “resulted in daily user activity declining 48%.”

As for Tron, the data tracker says the network’s decentralized app ecosystem grew significantly in the first six months of the year and declined across the second half of 2019. Overall, Tron’s user base grew 93%, but it “remains heavily concentrated in the Gambling and High-Risk categories.”

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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.
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