Cryptocurrrency

How launch of TRONs MainNet took over that of EOS?

Today where cryptocurrency has become a huge marketplace with many altcoins available for users, no cryptocurrency wants to be outshined by any other. This results in a constant competition for being at the top.

For any individual who has even a little knowledge of cryptocurrencies know TRON and EOS as the two most famous and widely invested crypto. Each cryptocurrency has two networks, the MainNet where the transactions are done and the Testnet where the bug hunting and testings are performed.

On May 31st, TRON launched their own MainNet, which was named Odyssey 2.0, following which EOS launched their own MainNet on June 2nd. This has marked the start of a very cut-throat competition between the two cryptocurrencies as they give in their best to gain a big market base.

However, TRON had seemed to be very well versed in their quest, keeping in mind all the vulnerabilities as well as backup plans. In case of EOS, the launching was delayed a few days as a major bug was caught just days before the launch. Following this, the company launched a bug bounty campaign to fix up approximately 620 major and minor bugs which were diagnosed.

TRON, on the other hand, planned a bug bounty campaign before the launch as well as offered a reward of $1 million to those who uncovered the most severe bugs. This had many big security firms knocking TRON’s door for the job.

Also, the TRON’s owner, Justin Sun has kept its road-map quite transparent as to when the launch will happen and what will happen after. EOS had no such public figure.

One can conclude that TRON has learned from the mistakes of EOS. Also, the launch program has shown the effort TRON has put to prove their mettle. They have been in the shadow for long, and now it seems they are ready to outshine their competitors.

Source
Featured Image

 


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Sonali Sharma

Share
Published by
Sonali Sharma

Recent Posts

Crypto News: CLARITY Act Nears Senate, Crypto Market Eyes Bull Shift

Crypto News: , Crypto Market Eyes Bull Shift The cryptocurrency market is experiencing a rough…

12 hours ago

Crypto Scammer Indicted: Brooklyn Man Charged with Defrauding 100 Investors Out of $16 Million

A Massive Unraveled In a stunning blow to the crypto underworld, a 23-year-old man from…

12 hours ago

Africa Envisions a Future with Blockchain Far Beyond Crypto

Africa Envisions a Future with While the Western world often fixates on cryptocurrencies, NFTs, and…

15 hours ago

Federal Reserve Governor Gives His View on the Role of Cryptocurrency

What Did the Say About Crypto?In a recent appearance on the popular financial show 'Making…

15 hours ago

Tokenization goes mainstream: Inside PH’s $60B blockchain play

Tokenization goes mainstream: Inside Blockchain technology has long battled a tough reputation, often viewed as…

24 hours ago

Why some Bitcoin mining companies are ditching cryptocurrency for AI

Why some are ditching for In the fast-evolving world of technology and finance, are making…

24 hours ago