There is a lot of talk and debate in the crypto community recently about the Tron 4.0 update that was recently promoted by the company’s founder and CEO, Justin Sun.

He told Sun that the new update to Tron 4.0 would make the Tron blockchain “the mother of all existing blockchains.”

In his latest video, CEO Tron insisted that the much-hyped network upgrade would take place soon while delivering a skeptical speech about the readiness of Ethereum 2.0.

While the release date of Ethereum 2.0 remains a mystery, Sun says that Tron 4.0 will offer game-changing improvements when it comes to privacy, scalability, and interoperability.

Not only will users be able to enjoy complete anonymity in their transactions thanks to the integration of zk-SNARK technology, but blockchain creators are expected to use Tron as a hub thanks to the solutions offered across the 4.0 chain.

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Tron recently celebrated the second anniversary of its mainnet, with Justin Sun commenting about it on Twitter:

Tron has more than 850 nodes around the world, more than 6 million total accounts, more than 20 million blocks, more than 750 decentralized applications, and the number is still growing.

This is only the beginning.

In the past few days, “Justin Sun” has repeated his announcement Regarding the date of June 8, and that it is a date with a new and exciting project, and he asked his followers to put forward some of their speculations, many commentators criticized the way the announcement was announced and expressed their dissatisfaction with it.

Given the history of Tron and its acquisitions of BitTorrent, SteemIt, and Poloniex in recent years, another acquisition may be on the horizon.

Or maybe the ad is directly related to Tron 4.0, especially as it was talked about extensively in the last video, and he expressed in some of it by saying:

If a large financial institution wants to build a blockchain but they do not want what they are doing to be tracked by the public, they can have a blockchain with privacy feature, but this blockchain can be connected to the Tron Center, which means they can communicate with other blockchain networks in the Tron ecosystem .

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Decentralized Networks Struggle:

It is clear that Justin Sun positions decentralization as the preferred blockchain hub for any institutional clients who wish to explore and benefit from blockchain technology.

Version 4.0 is also expected to become the only option for decentralized application developers and other token developers.

Needless to say, Ethereum 2.0 is the main competitor to Tron that Sun continues to promote with Ethereum, even offering a survey on whether Tron 4.0 or Ethereum 2.0 is better.

While Tron received 51.9% of the vote, not everyone was impressed with the result.

Regardless of the outcome, inevitably conflict and competition will not be resolved by a Twitter poll, when networks are upgraded, it will be entirely up to the community to decide which blockchain outperforms.

And, as ever, it will determine the actions, not the words of the victor.

Besides, how can anyone say which would be better while they’re still on the road and neither of them came off.

Scalability and other challenges:

The battlegrounds likely to be fought between Tron and Ethereum are scalability, interoperability, and decentralized applications.

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Vitalik Buterin recently insisted that most of the initial work on Ethereum 2.0 centered around Level 2 network scalability solutions which he announced had been completed, although unlike Sun, he refrained from rushing the protocol upgrade.

In the same regard to the ethereum upgrade, many responses to Buterin’s tweet suggested the “Matic” network as a solution to the problems of blockchain scaling, it may be the case, but speculators are more focused on price than the performance of the network, and “Matic” bulls are licking their wounds after the coin price lost more than 20% Since its launch to its main network.

At the same time, a group of Layer 2 Ethereum technologies is in the making, at a time when the network has experienced severe network congestion.

As for interoperability, Accenture Labs and Fujitsu are currently developing a blockchain solution for this very purpose.

In conclusion, it can be said that what “Sun” is doing in terms of media clamor has positive aspects, especially as it requires competitors to move and expedite their updates, and the matter is not limited here to Ethereum only, but to the rest of the other networks such as “Neo”, “Cardano” and “EOS” …

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