If you had 1 ETH in your wallet (active from January 1, 2018) on April 20, 2018, you can now see the free TRX tokens (between 10 and 100) airdropped to your address over the last ten days. You can check your airdrop value by entering your ETH address on https://etherscan.io/ and referring to the ‘Token Balances’ drop-down on the next page.
https://twitter.com/justinsuntron/status/993487997034115072
Last month, Justin Sun, the founder of TRON (TRX) announced an airdrop campaign for the Ethereum community, in a bid to give them a taste of TRON’s fast transaction times and network. According to their plan, 30 million TRX were to be airdropped randomly to Ether wallets, as long as they had at least 1 ETH on April 20, 2018.
The airdrop was also cited as a way for TRON to thank Ethereum for supporting the ERC20 TRX token before the upcoming TRON mainnet launch, when the tokens will migrate to their own blockchain.
Even though the TRX airdrop came across as a supportive gesture, there is a bit of a rivalry between TRON and Ethereum, especially after Justin Sun criticized ETH in comparison with TRX on the following points:
Why TRX is better than ETH, according to Justin Sun:
TRX vs ETH
- 10000TPS vs. 25TPS
- Zero fee vs. high fee
- consistent coinburn vs. no coinburn
- Java vs. Solidity
- Strong extensibility vs. no ex.
- 1 billion USD developers rewards vs. no plan
- 100 million users vs. small number
One more point was then added by Ethereum founder Vitalik Buterin:
- Better white paper writing capability (Ctrl+C + Ctrl+V much higher efficiency than keyboard typing new content)
Despite that, Justin Sun came back with a rather humble Tweet, thanking Vitalik for the response:
“Thanks for the reply of @VitalikButerin . #TRON benefits a lot from #eth and #eth inspires us to make a better decentralized platform. If you are more familiar with #TRON you will know we have launched testnet (Mainnet 5/31)and are more than white paper writing. #TRX $TRX”
At the time of writing, TRX is trading around $0.08, a decent recovery from its April low of $0.295. It remains to be seen how the token reacts in terms of price when the mainnet goes live on May 31, 2018.
This article appeared first on Cryptovest