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Categories: Bitcoin
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January 3, 2020

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

By Daily Hodl Staff

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

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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.

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“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.

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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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