The entire crypto community, and especially TRON (TRX) and Cardano (ADA) enthusiasts were left completely speechless a few days ago when ADA’s co-founder proposed a cooperation between ADA and TRX. TRON did not immediately accept the proposal but has promised to look into it.
Charles Hoskinson makes an unexpected proposal
Despite the large shifts in the crypto market, that have mostly been negative towards the current situation of most cryptocurrencies, some of them still manage to advance. TRON (TRX) and Cardano (ADA) are among the few coins that are continuing to improve and score on business partnerships almost every other day. Because of this, most have seen them as rivals, which is why nobody saw Cardano’s proposal to TRON coming.
A few days ago, on June 25, Cardano’s co-founder, Charles Hoskinson, has made an unexpected move when he posted a tweet in which he addresses TRON’s founder, Justin Sun. Many were expecting to find some sort of TRON-bashing, which is why they were left speechless when Hoskinson wrote what it seems to be a legitimate business proposal between the coins.
@justinsuntron you guys should use our mantis client instead of Ethereum Java https://t.co/u2e2pObqYE the code is much better, security audited and consensus is pluggable for a DPoS style protocol.
— Charles Hoskinson (@IOHK_Charles) June 25, 2018
The proposal was confusing, to say the least, and not many people dared to believe it at first. If true, many thought that this would have been an amazing opportunity to establish a strong partnership between the two. Not only would it be beneficial for both coins when it comes to stability, strength, and support, but would also help all crypto, since it would be a major step towards global adoption.
I’m being entirely serious. They seem to be using a fork of ethereum java. It would be much much better to use Mantis as a base
— Charles Hoskinson (@IOHK_Charles) June 25, 2018
To combat the skepticism, Charles Hoskinson even confirmed that this is not irony and that he is completely serious. According to him, TRON’s use of Ethereum Java is holding this coin back, and Hoskinson has offered TRX to start using Cardano’s Mantis client. Mantis, according to Hoskinson, offers a much better code, security, as well as a DPoS-style protocol.
Sun doesn’t say no, but still doesn’t give an official response
Considering that TRON is currently still in the process of achieving total independence from Ethereum, this would allow it to make that extra step and completely turn its back to Ethereum’s network. Sun responded two days later, on June 27. He stated in a tweet that TRON is on its way to create the best possible blockchain and that the team will look into what Mantis has to offer.
Thanks for the advice! We’re looking to build the best blockchain technology so we’ll look at mantis too.
— Justin Sun (@justinsuntron) June 27, 2018
Crypto experts and enthusiasts were basically holding their breath during this entire correspondence, wondering what will happen and how it might influence both cryptos. The idea itself was received with a lot of hype, and many see the benefits of such a partnership.
Both coins received support on social networks, Twitter especially. Others speculated what this might mean and whether or not will TRON actually accepts the partnership on Reddit. The strongest opinion is that agreeing to use Mantis would be the best possible decision by TRON at this point.
Mantis would allow TRON much more space and exposure, and through its use, it might finally be able to fully rival Ethereum. Still, it would appear that Sun is still thinking this idea over since no official statement has yet been released. The fact that TRON did not refuse is definitely reassuring, but both communities are anxious to hear the final verdict.
For the latest cryptocurrency news, join our Telegram!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Pexels
The post Cardano (ADA) Proposes a Partnership with TRON (TRX) appeared first on Global Coin Report.
Globalcoinreport.com/ is author of this content, TheBitcoinNews.com is is not responsible for the content of external sites.
Our Social Networks: Facebook Instagram Pinterest Reddit Telegram Twitter Youtube