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Author Topic: TRON 4.0: Boom or Bust?  (Read 670 times)
ethereumhunter
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July 06, 2020, 03:03:02 PM
 #21

We will see it later. But I don't think that Tron can beat ethereum in the first altcoin position because it is hard to do that, especially we know that ethereum has big support from traders or investors. It could happen if Tron 4.0 can give another benefit than what it claims, so people will see what the real benefit of Tron 4.0 is. Besides that, ethereum is already has a big name in the cryptocurrency, and many people believe that ethereum prices will increase in the next bull run.

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July 06, 2020, 04:04:36 PM
 #22

Well, I'm not betting on any negativity thats why I will not choose any of the two choices wethers its "Boom or Bust", But honestly speaking because of recent problems on Ethereum Network like surging gas fees to slow transaction, etc. I might choose Tron as a possible contender for the tag as Ethereum killer although that it's not possible at this time since Ethereum 2.0 is not yet completed so let's wait and see if Tron 4.0 is successful or not only time can tell. 
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July 06, 2020, 04:30:00 PM
 #23

The Tron 4.0 hype has finished, prices have also returned to normal, there is no Fomo anymore,
because tomorrow is the day Tron 4.0 was launched

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July 06, 2020, 05:33:25 PM
 #24

Every update has been a step to improve the whole TRON ecosystem, Bittorrent and its sub-dapps, and the regular use with games, DEX or other DApps.

Now TRON 4.0 brings important improvements necessary to offer privacy or cross chain communication, among other features.
That's true let us see first what they are going to offer to the community we have a developer and CEO who is very excited to produce something on his project to the point that he is doing a lot of stuff, not other developers and CEO are doing we'll see the results after a month or two but for me it has a good potential.

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July 08, 2020, 02:17:41 AM
 #25

Tron has always been about hype. Remember that time when they first released their plagiarized whitepaper? It's amazing how some people still patronized that project and I can think of great marketing as the only reason.

Despite the faster block time, cheaper fees, or more private transactions, I still don't think they can overtake Ethereum. They can have all advance features but all the anomalies surrounding Justin pushes people away. What happened to Steem and how he blocked the hardfork with his buddy CZ will never be forgotten imo.

Maybe they will continue to dominate the gambling dapps with thos new upgrade but eth will remain the king of dapps.

That's certainly true, mate. TRON is more about hype, than anything else. It may be faster and cheaper to use than Ethereum, but it's less decentralized. People prefer decentralization on top of scalability for a good reason. I think that the intention of the TRON Foundation with version 4.0, is to "pump the price" of TRX on the market. After all, ETH is getting close to becoming a full-fledged PoS cryptocurrency (ETH 2.0). The TRON project wants to be in the lead of the smart contract space, by adopting the latest features before ETH does. But what matters here is mainstream adoption (usability) than anything else. And so far, Ethereum has the biggest ecosystem of dApps, and tokens on its blockchain network.

With what happened with TRON's dilemma on the Steemit acquisition, has a lot to say about Justin Sun himself. It seems to me that he supports centralization more than anything else. TRON should not bear the name of "Decentralize the Web" since it's utterly centralized. One thing to keep in mind is that Binance has large dominance over the TRON blockchain. We've seen how CZ supported the controversial STEEM hardfork which meant to "steal" some funds from users on the STEEM blockchain. It shows us that CZ and Justin Sun have business interests within them. I'd stay away with anything related to Justin Sun (TRON and STEEM) as decentralization is not taken into consideration.

Today is the day TRON 4.0 launches, but I think that ETH will continue to "reign supreme" for a very long time. People will choose between TRX or ETH for interacting with decentralized applications. TRON will always be inferior to Ethereum as it lacks decentralization. But it could prove to become an attractive platform for businesses and companies alike. Time will tell us if TRON will be able to last a lifetime or not. Just my thoughts Grin

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July 08, 2020, 04:08:29 AM
 #26

There have been talks by the TRON community about the next iteration of the "infamous" smart contract platform (TRON version 4.0). They plan to launch the next version of TRON by July 7th, 2020. Apparently, the TRON blockchain will have quicker block times and greater privacy features. The team claims that the project will become the "first" smart contract platform to use ZK-SNARKS for on-chain transactions. There isn't much info about the upgrade, other than what has been said previously. If TRON 4.0 successfully launches, it could become another "blow" to the Ethereum blockchain. Or is it?

Do you think that the newly-anticipated release of the TRON blockchain is full of hype? If not, why? Knowing how many "Ethereum Killers" have emerged over time without any success so far, I think that TRON will just be another "nail in the coffin".

What are your thoughts Huh

I think Tron is the best choice for the future. But I am not sure that Tron is able to defeat Ethereum. Because the Ethereum Blockchain system has been adopted by various large companies in the world.
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July 08, 2020, 05:22:36 AM
 #27



Do you think that the newly-anticipated release of the TRON blockchain is full of hype? If not, why? Knowing how many "Ethereum Killers" have emerged over time without any success so far, I think that TRON will just be another "nail in the coffin".

What are your thoughts Huh

Every new platform launching is posed to become an Ethereum killer and Tronis no exception but its way to early to tell if it really is, but Tron is a good project to invest just like EOS they have a lot of DAPPS, I just don't like the CEO's attitude he acts like a spoiled brat and oppressive to other projects just like his team did to OIKOS.

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July 08, 2020, 05:40:05 AM
 #28



Do you think that the newly-anticipated release of the TRON blockchain is full of hype? If not, why? Knowing how many "Ethereum Killers" have emerged over time without any success so far, I think that TRON will just be another "nail in the coffin".

What are your thoughts Huh

Every new platform launching is posed to become an Ethereum killer and Tronis no exception but its way to early to tell if it really is, but Tron is a good project to invest just like EOS they have a lot of DAPPS, I just don't like the CEO's attitude he acts like a spoiled brat and oppressive to other projects just like his team did to OIKOS.

Tron have the largest number of new dapps everyday. More and more tron are being locked on dapp but most of them are from ponzi schemes that are going to bust one day or later. It was same with ethereum but the plus point of tron is the transaction are cheap and fast. And with Tron 4, things would get even faster making the way for tron to rise higher. I know Sun is a sign of stupidity but Tron seems to check the good boxes.

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July 08, 2020, 07:38:04 AM
 #29

I sold the rest of my Tron bags after I've seen different ways that Justin is handling his project, it's no more decentralized to me anymore, Tron blockchain is now a Centralized project and I don't like centralized projects, I don't care about Tron 4.0, now I'm waiting for Ethereum 2.0

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July 11, 2020, 01:13:18 AM
 #30

Tron have the largest number of new dapps everyday. More and more tron are being locked on dapp but most of them are from ponzi schemes that are going to bust one day or later. It was same with ethereum but the plus point of tron is the transaction are cheap and fast. And with Tron 4, things would get even faster making the way for tron to rise higher. I know Sun is a sign of stupidity but Tron seems to check the good boxes.

TRON usage may be growing, but Ethereum is still the "King of Smart Contracts". No other competitor matches Ethereum in terms of decentralization and security. The mere fact that Justin Sun has a great influence over the project, has a lot to say about TRON's level of decentralization in the crypto/Blockchain space. TRON is able to maintain unmatched speeds and dirt cheap fees because it's centralized. A new version will do nothing if there's lack of decentralization in the project. I think this is all about hype than anything else.

It's been 3 days since "TRON 4.0" apparently launched, yet I haven't witnessed any improvements on the core Blockchain whatsoever. Everything is just the same as it was before the announcement. So much for an overhyped cryptocurrency with no concrete results. Luckily, I hold a very small amount of TRX while most of my investment is on both BTC and ETH. Considering what happened between Justin Sun and the Steem community, I would think twice before putting all my hard-earned money into TRX. The fact that Steem witnesses have stolen funds from other people on the Blockchain after TRON's acquisition of Steemit, greatly defeats the purpose of the Blockchain. It's just "Banking, reimagined". I wouldn't be surprised if TRX fades into oblivion sometime in the future. Just my opinion Smiley

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July 11, 2020, 02:56:02 AM
 #31

The Tron 4.0 hype has finished, prices have also returned to normal, there is no Fomo anymore,
because tomorrow is the day Tron 4.0 was launched

You don't expect it to just pump just because it is released, we have to see first how it can benefit the community, but this new version is something that will help their cause and maybe this is the platform that will land them in the top 10 we never know, I'm still bullish that it will reach the $1 level.
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July 11, 2020, 03:28:53 AM
 #32

The Tron 4.0 hype has finished, prices have also returned to normal, there is no Fomo anymore,
because tomorrow is the day Tron 4.0 was launched

You don't expect it to just pump just because it is released, we have to see first how it can benefit the community, but this new version is something that will help their cause and maybe this is the platform that will land them in the top 10 we never know, I'm still bullish that it will reach the $1 level.
Looks like you have the same thought as me. I strongly believe that TRX will increase 4 to 12 times the current price. Tron's ecosystem is very diverse, will make the most of the TRX features, which will help the value of TRX increase well.
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July 11, 2020, 04:01:40 AM
 #33

The Tron 4.0 hype has finished, prices have also returned to normal, there is no Fomo anymore,
because tomorrow is the day Tron 4.0 was launched

You don't expect it to just pump just because it is released, we have to see first how it can benefit the community, but this new version is something that will help their cause and maybe this is the platform that will land them in the top 10 we never know, I'm still bullish that it will reach the $1 level.
Looks like you have the same thought as me. I strongly believe that TRX will increase 4 to 12 times the current price. Tron's ecosystem is very diverse, will make the most of the TRX features, which will help the value of TRX increase well.
I will be glad if that is happening quickly because I still have some amount of TRX. Hopefully, with a new update, tron will have the opportunity to get a better price soon, and I think many people are now waiting for that moment. But the price is not going to increase fast because until now, tron seems to need more time to grow. But if bitcoin price does not increase, maybe tron will not rise higher because tron will be behind bitcoin moves.

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July 11, 2020, 04:14:53 AM
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Looks like you have the same thought as me. I strongly believe that TRX will increase 4 to 12 times the current price. Tron's ecosystem is very diverse, will make the most of the TRX features, which will help the value of TRX increase well.
I'm not sure the TRON price can reach $1, because I see their ATH only at $ 0.3 since January 2018. So to reach ATH I think it is very difficult especially to reach $1. Although they have released TRON 4.0, but I see no change in TRX price. Yes, everything can happen in the Crypto world, so wait and see.
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July 11, 2020, 08:50:15 AM
 #35

Hype has always been a thing of Tron CEO and we all knows that hype don't get a platform or blockchain anywhere, also we have seen how he hypes different platforms and yet they are no where to be found today. In my own opinion, Tron 4.0 will cause a bust because many have seen the true nature of Justin which is all about hype although some people will still go ahead but a majority are now wiser. Secondly, Tron don't have what it takes to challenge Ethereum blockchain, many have tried and yet didn't succeed so I think it's better for Tron and their team to focus on how to make their blockchain better than seeking to challenge Ethereum.

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July 11, 2020, 12:47:21 PM
 #36

TRON 4.0: Boom or Bust?

Tron 4.0 will be both boom and bust. First will be pump and then will be dump. But, few months latter there will be Tron 5.0. Sp more hopium.
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July 11, 2020, 01:02:39 PM
 #37

I am overwhelmed by Justin sun's incredible marketing techniques, but I am sure it will not compete with ETH 2.0. I personally think it will not hit in the market like TRON did, but some interesting stuffs are going around crypto market as Justin sun has tweeted as bull is all set to appear. However let's wait for few more days I believe TRON could be a game changer in future for sure.

 

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July 11, 2020, 01:10:04 PM
 #38

Tron 4.0 will be both boom and bust. First will be pump and then will be dump. But, few months latter there will be Tron 5.0. Sp more hopium.

is it always like that? like events that just happened to Dogecoin. will everything be the same?

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July 11, 2020, 01:17:44 PM
 #39

Now that Justin Sun holds a key position on Steemit marketing is just an easy task for them but with all those allegations lurking around his name, TRON 4.0 has just made a small impact on its price its a bust in my opinion.
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July 11, 2020, 01:28:48 PM
 #40

The Tron 4.0 hype has finished, prices have also returned to normal, there is no Fomo anymore,
because tomorrow is the day Tron 4.0 was launched

Truth is, many TRON believers lost confidence in Justin Sun over time. Too much hype, less recent development caused it and also the steem saga between Sun and steemit delegates diminished his reputation to an extent. However, TRX is still one of my long term bags because developments in the past have been very cool.

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