Ethereum has held the number one position for providing a Dapp ecosystem since its launch. But its scalability issues, congestion, and rising competition have put Ethereum’s numero uno position under threat. A lot of Dapps are now choosing EOS and Tron over Ethereum due to their superior technological capabilities and the recent addition to this list is Blockchain Cuties which as ditched Ethereum and has chosen Tron for its gaming dapp.
Blockchain Cuties are in all praise for Tron
The crypto collectible game, which was released in March 2018 on Ethereum blockchain, announced using its Medium channel, that the game has ditched Ethereum and is now moving to Tron’s MainNet.The reason cited for this switch is that Tron has better scalability and speed- a milder way to point at Ethereum’s issues which that game too was facing being on its blockchain
Although Tron solves a lot of problems for Blockchain Cuties, the gaming company seems to be quietly impressed with Tron and its progress. The Medium post has all praises for Tron as it says
“TRON is one of the greatest innovators in the blockchain universe and we love the fact that we get to join forces to bring our community a bigger market to play on and a better experience.TRON did a great job at solving major scalability and speed issues. And their network is growing fast.”
The CEO of Blockchain Cuties, Vladimir Tomko, was also quoted in the Medium post where he had stated that
“We see TRON not only as an opportunity to bring new users but as a future of all decentralized applications and especially games”
Ethereum problems are making it lose a lot of Dapps to its nascent competitors EOS and Tron. Citing ETH’s problem, Justin Sun, Founder of Tron has requested Dapp’s to ditch Ethereum and move to Tron. Justin has locked horns with Vitalik on quite a few occasions and doesn’t leave a chance to take a jab on Ethereum. In his recent tweet, he has tried to sway Dapp developers to move away from Ethereum altogether.
In bear market, #Ethereum developers should migrate your token to #TRON immediately. 1. 0 transaction fee, no gas in #TRX. 2. Compatible to #ETH, 0 migration cost. 3. 2000 TPS. 4. #TRON dex listing. You can easily increase your token value 100% with High liquidity. $TRX
— Justin Sun (@justinsuntron) November 26, 2018
With Blockchain Cuties already transiting to Tron, it looks like Ethereum will have to hurry up with its solution or there are chances more Dapp’s may move to competing blockchains like Tron and EOS.
Will Ethereum be able to hold on with its Dapp or Tron will take them all away? DO let us know your views on the same
Nilesh Maurya has been associated for past 8 years as an Investment Banker with Omega Capital, a bespoke Investment Banking outfit having offices in Mumbai, New York, Singapore, and Dubai. He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. Nilesh Maurya has been associated for past 8 years as an Investment Banker with Omega Capital, a bespoke Investment Banking outfit having offices in Mumbai, New York, Singapore, and Dubai. He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. Follow him on Twitter at @KoinKing1 or connect with me on linkedin.