It is hard to imagine someone comparing Tron and Stellar since anyone who knows what they do knows they come from two different worlds. Stellar, is an open source, decentralized protocol for digital currencies to fiat, allowing for cross-border transactions. What makes it particularly impressive is that these transactions are enabled regardless of the currency. Tron, on the other hand, is a decentralized blockchain platform that is dedicated to creating a truly decentralized internet. It additionally wants to revolutionize the entertainment industry by providing content owners with an ecosystem where they can securely publish, store and share data.
Looking at what the two are doing it’s clear that the two are almost guaranteed never to cross paths. The partnerships they make are different and more often than not they spike the interest of very different investors. However, what if you’re just looking for an altcoin you can invest in? Which is better, Tron (TRX) or Stellar (XLM)?
A Closer Look At The Two Coins
The first thing you note about both projects when you scratch the surface, is that they are both headed by some of the greatest minds in the cryptocurrency space. The founder of Stellar is the 43-year-old Jed McCaleb. He is renowned for his work as a co-founder and former CTO of Ripple. Additionally, he was a co-founder of the infamous Mt Gox exchange.
Jed is now the CTO for Stellar and leads the technical team in making improvements and developing Stellar’s protocol. According to reports, Jed left Ripple because Ripple’s Board of Directors did not agree with some of the ideas he was putting across. This led him to start Stellar based on these ideas and leaving Ripple. Now while the board might have thought the ideas were bad, the world has responded well to them. Although McCaleb is not vocal within the industry compared to other major players of his class, his contributions do not go unnoticed.
A man who is not shy of expressing himself and his beliefs is the co-founder and CEO of Tron, Justin Sun. He likes people to know exactly what his company is up to, what progress it’s making and what intentions he has for ongoing projects. His way has panned out as he is one of the most recognized people in the industry and Tron has in recent months become one of the most talked about projects. This year has been by far the most successful year for Justin Sun and the Tron project. The project has gotten into some major partnership deals, and the most talked about was Justin’s acquisition of BitTorrent.
As for the projects, well they cannot be compared with each other. But, they can be compared to their respective competitors, platforms offering the same services. Here we see that Stellar is in a lot of trouble. It has major competitors from cross-border payment platforms and Smart Contracts/dApps platforms.
This makes the project’s work twice as hard as that of Tron which has introduced a whole new concept, making it a leader by its own right. However, Stellar has managed to come up with some unique features and major partnerships, the biggest one being IBM (which is using Stellar Lumens). With progress and improvement, this could be all it takes to be better than Tron. As for Tron, there is just no limit to its potential. It aims to revolutionize something that no one has thought of and this could end up being brilliant and life-changing.