TRON announced the latest release of its side chain solution—Sun Network. The upgrade promises “unlimited scaling capacity,” similar to the optimism around Lightning Network for Bitcoin. Yet, the data suggests these bold claims could be more marketing-speak than anything else.
On Aug. 11, TRON announced a new version for the Sun Network, a scaling solution that would expand the network’s transaction capacity. The upgrade incorporates a series of scaling upgrades, such as “DAppChain,” which the TRON Foundation claims will improve the transactions-per-second (TPS) for smart contracts while lowering transaction fees. The upgrade also includes a cross-chain communication feature.
DAppChain would allegedly provide “unlimited scaling capacity” for the TRON MainNet, allowing dApps to run with “lower energy consumption, higher security, and greater efficiency on TRON.” According to TRON and BitTorrent CEO Justin Sun:
“Sun Network will contribute to a more active ecosystem of TRON… In addition, a series of scaling projects such as DAppChain and cross-chain communications will further expand the overall capacity of the TRON network, as well as improving the TPS and smart contract execution efficiency on TRON.”
In addition to the claims around Sun Network, Justin Sun also promotes several selected metrics for TRON:
“TRON’s total account number reached 3,000,000. A total of 410 million secure transactions took place since the MainNet launch.”
Considering how often these metrics are used to promote TRON and the Sun Network it’s important to look at the hard data.
Evaluating TRON based on the numbers
For marketing purposes, Justin Sun and the TRON Foundation have a history of making comparisons to the leading smart contract protocol, Ethereum. Consequently, it’s important to take an objective look at a few important metrics to objectively evaluate these claims.