Blockchain

Story: TRON CEO confident about TRON’s potential to be Ethereum-alternative for DeFi

By Sydney TheCMO

1 / 11

Self-proclaimed Ethereum-destroyer

2 / 11

TRON offers a better platform for DeFi

3 / 11

Bridge Oracle 

4 / 11

There is no denying of the fact that the Ethereum network is almost synonymous to the DeFi ecosystem as most of the DeFi applications are built on the network.

5 / 11

Justin Sun, the CEO of TRON network, has always been very vocal about the huge potential of TRON in the world of DeFi.

6 / 11

In fact, Sun has always been open about TRON’s intentions to replicate Ethereum. In the recently concluded Los Angeles Blockchain Summit (October 6, 2020), the TRON CEO clearly…

7 / 11

Per the statements of Sun, TRON DeFi protocols like JustSwap, run way better compared to the Ethereum counterparts.

8 / 11

Ethereum’s increasing gas fees are becoming a huge problem especially for small investors and many of them are apprehensive of signing up or continuing operations with Ethereum…

9 / 11

Speaking further, the TRON CEO revealed they are currently building a conducive infrastructure on TRON to better accommodate the DeFi applications.

10 / 11

Bridge oracle is TRON’s first ever dedicated public oracle system which aims to empower smart contracts on TRON with easy access to off-chain data.

11 / 11

un expressed that TRON is focusing on building infrastructure and continuing to bring partnerships to the platform.

The Currency Analytics

Want the full story?