Altcoins News
By Sydney TheCMO
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A Catch22 situation for Ethereum
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Do we have an alternative in TRON blockchain?
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Decentralized Finance is fast claiming a stronghold over the blockchain world of late and for all the great reasons.
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As mentioned above, the DeFi ecosystem is in a booming stage of late. Given that most DeFi apps are based on Ethereum, the platform is attracting even more users now than ever.
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A similar thing happened with ETH-based digital cat trading game CryptoKitties some time back.
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Well, as per Vitalik Buterin, the famous creator behind Ethereum, the scalability issue can be solved by using second-layer solutions which already exist in the network.
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However, a large section of the blockchain world, including both users and experts, is not exactly very positive about Buterin’s solutions for ETH’s scalability woes.
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Although a relatively new entrant in the blockchain world yet TRON has garnered rave reviews for its cutting-edge infrastructure and rising popularity.
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It’s true that TRON is lagging much behind Ethereum when it comes to the number of Dapps which is just 750 compared to ETH’s 3,000.
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