Justin Sun, the founder of Tron (TRX) and one of the controversial names in the cryptocurrency world, announced on Twitter that BNB will be available on the Tron network.
However, there was no statement from Binance on the subject.
Will get #BNB on #TRON! 😊 https://t.co/tyURnfwccx
— H.E. Justin Sun 孙宇晨 (@justinsuntron) April 2, 2023
Blockchain models supporting Tron network and BNB network smart contracts, decentralized applications (DApps) and various protocols. However, they have some differences in terms of features, usage areas and performance.
The Tron network claims to offer high scalability, low fees and fast transactions. It can process up to 2000 transactions per second (TPS) with a block time of 3 seconds. The BNB network also claims to offer high scalability, low fees and fast transactions. BNB can process up to 10000 TPS with a block time of 3 seconds.
Tron (TRX) is a decentralized blockchain-based operating system developed by the Tron Foundation and released in 2017. TRX tokens were originally ERC-20-based tokens made available on Ethereum, but were migrated to their own networks a year later.
However, many factors play a role in the evaluation of Justin Sun as a controversial figure in the cryptocurrency world. Sun was accused of violating the Chinese government's 2017 ban on ICOs by launching the TRX token the day before the ban was announced.
Sun was also criticized for delaying a fundraiser dinner with Warren Buffett in 2019, citing health problems after winning a $4.6 million tender, but appearing at parties and events soon after.
*Not investment advice.
