Tron (TRX) hits 10 million users on their mainnet

Last Updated on 21 September 2020 by CryptoTips.eu

Tron CEO Justin Sun has revealed in a tweet that the blockchain network has hit 10 million users. A new milestone for the company.

Since its inception, Tron has become one of the most important cryptocurrencies in the world. Going from being considered just a copy of Ethereum to becoming a respected blockchain for the creation of decentralization.

Tron’s path to 10 million users

When Justin Sun announced the launch of his own cryptocurrency in 2017, to most crypto users Tron seemed like an announced failure. This was partly because its whitepaper was practically a copy of the one launched by Ethereum as it looked to replicate the success that ETH had within the blockchain space.

However, it was soon shown that Tron was much more than this. The team gathered by Justin Sun around the Tron Foundation began to develop new features to differentiate the cryptocurrency from Ethereum, making Tron one of the most scalable currencies today, with much lower wait times and commissions than ETH.

Thanks to this, the adoption of Tron has also been on the rise. Constantly increasing the number of users participating in its blockchain. Managing to attract a significant number of people, despite still being far behind the level of massification of Ethereum. Reaching 10 million users on its blockchain yesterday.

Furthermore, the adoption of Tron has been on the rise with the increasing number of users participating on its blockchain. Developers have also begun to develop dApps which have been deployed in different sectors.

Tron 10 billion users mistake

This latest number by Tron comes after Sun had initially claimed that the platform had 10 billion users which had drawn criticism from the crypto community. The Foundation has since issued an apology calling it a mistake.

Despite still lagging behind Ethereum in terms of its number of users and applications Tron can be considered as a true alternative to the Ethereum blockchain.

The Tron price is currently down almost 6% in the last 24 hours and down almost 16% in the past week.