The total number of accounts generated on blockchain network Tron has exceeded 4 million, its CEO has said.4 million active users?
In a tweet on Nov. 4, monitoring resource TRONSCAN announced that the network's total account tally was now 4.015 million, a figure which Justin Sun subsequently broadcast.
The numbers do not distinguish whether an account is in use or dormant, and in the case of the latter, whether the inactivity is likely permanent.
For Bitcoin, different resources measuring active accounts produce varying results.
According to Blockchain, there were just over 463,000 daily active Bitcoin addresses as of Nov. 1.
In Tron's case, the number of daily active accounts is likely to be smaller than the total created since the network's inception.
Tron has seen millions of Tethers swapped to its blockchain from Ethereum in recent weeks.
Sun has devoted considerable effort to expanding the profile of both Tron and its native token, TRX. As Cointelegraph reported, those efforts gained him unwanted attention this year after a run-in with Chinese authorities.
Progress continues, with South Korean tech giant Samsung adding Tron support to its decentralized app store at the end of last month.
The Samsung deal boosted TRX/USD by over 30%. Rumors previously claimed Sun was in line to acquire cryptocurrency exchange Poloniex, something he subsequently denied.
Tron Network Total Accounts Pass 4 Million After Samsung Partnership
Published on Nov 4, 2019
by Cointele | Published on Coinage
Coinage
Mentioned in this article
Recent News
View All
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.