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Author Topic: About Tron  (Read 295 times)
Zotak337 (OP)
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February 08, 2022, 08:21:44 AM
 #1

If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20..   is Justin Sun to be blame for its failure?

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February 08, 2022, 08:36:03 AM
 #2

If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20..   is Justin Sun to be blame for its failure?
What failure about Tron? Look at the circulating supply man, its 100B and according to Coingecko its maximum supply is infinite, I don't know if this is updated. You cant compare it to coins like AVAX which supply is way low if the supply of Tron is same of matic or avax then its possible ranking in top 10 in MC.   

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February 08, 2022, 08:41:40 AM
 #3

Tron is doing just fine, the only problem is new projects aren't using TRC20 compare to ETH and BSC network, even some that started their project on Tron TRC20 made some complaining and abandoned Tron smart contract for ETH, there is a rumour about Justin Sun asking for settlements from new projects running on Tron. ... I remember Oikos Dev exposing this secret months ago.
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February 08, 2022, 09:08:44 AM
 #4

If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released?
You should ask justing for this. He was in the tron foundation since tron being born in the past and he knows so well what happened with tron blockchain.

1. Lack of utility usage
2. Complicated blockchain especially for dapps development
3. Less adoption coz the demand goes to the binance smartchain.
4. Complicated mechanism adopted by tron like using energy to send the transaction and this is crap. People need the easiest way to send their money.



What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20..   is Justin Sun to be blame for its failure?
So many reasons are holding this back. It's caused by AVALANCHE, MATIC and DOT know how to do that better than tron. The CEO of tron is a harsh guy. he didn't even take the chance to make tron become EVM compliant and then this is the result.

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February 08, 2022, 07:37:52 PM
 #5

I agree with the comments about Max Supply and Total Supply. In addition; There is a claim about Tron's whitepaper: https://www.inverse.com/article/40050-tron-trx-cryptocurrency-plagiarism-scandal Justin called this claim a translation error. That's enough of a situation to stay away from Tron. :) Justin Sun's only achievement is his marketing talent; A genius who knows how to influence the masses. However, I do not think that this is a sufficient reason to make a long-term investment.

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February 08, 2022, 07:47:50 PM
 #6

If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20..   is Justin Sun to be blame for its failure?
No doubt that fee in tron is truly cheap. But projects are free to choose for their own networks and it's that there are projects that still rely on decentralized network of Ethereum.
The co founder of tron even said that it's centralized and that's the reason that holds them back. Sun has already resigned or retired as the ceo of it.

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kentrolla
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February 08, 2022, 08:25:26 PM
 #7

If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20..   is Justin Sun to be blame for its failure?
No doubt that fee in tron is truly cheap. But projects are free to choose for their own networks and it's that there are projects that still rely on decentralized network of Ethereum.
The co founder of tron even said that it's centralized and that's the reason that holds them back. Sun has already resigned or retired as the ceo of it.

But the damage has already been done regardless Justin Sun has retired or left the Tron, TRX was once pitched to be the successor of ETH and would become #1 Altcoin but things never picked up for TRON due to the controversy involving Justin Sane and  I don't thing it can be revived without a  radical changes which would be required for it to grow further and what the point of having supply when the value has not given. 









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Bitfort
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February 08, 2022, 10:28:00 PM
 #8

If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20..   is Justin Sun to be blame for its failure?
What failure about Tron? Look at the circulating supply man, its 100B and according to Coingecko its maximum supply is infinite, I don't know if this is updated. You cant compare it to coins like AVAX which supply is way low if the supply of Tron is same of matic or avax then its possible ranking in top 10 in MC.   

On the other hand it's quite similar situation to ETH which also has no limit to max supply.
The difference is we need to "BURN" ETH to obtain GAS for covering the fees, but at TRON we are FREEZING the asset (TRX) which gives us the resources required for blockchain interaction). 

NOTE: BURNING is an irreversible action (burned asset is removed from total supply) but FROZEN asset can be unfrozen to be used again (it's still counted in the total supply ).
I think the only hard-coded TRX BURN occurs when someone is applying for super-repre.

What I really like about TRON is that owning just coupe TRX (and freezing them) will provide you sufficient resources for couple free interactions with blockchain daily which is very useful for small amount transactions ( almost every day I'm buying breakfast worth of $2 with TRX  ... can't imagine doing this with ETH or BTC ).

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February 08, 2022, 10:43:37 PM
 #9

If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20..   is Justin Sun to be blame for its failure?
No doubt that fee in tron is truly cheap. But projects are free to choose for their own networks and it's that there are projects that still rely on decentralized network of Ethereum.
The co founder of tron even said that it's centralized and that's the reason that holds them back. Sun has already resigned or retired as the ceo of it.

But the damage has already been done regardless Justin Sun has retired or left the Tron, TRX was once pitched to be the successor of ETH and would become #1 Altcoin but things never picked up for TRON due to the controversy involving Justin Sane and  I don't thing it can be revived without a  radical changes which would be required for it to grow further and what the point of having supply when the value has not given. 

The new Tron leader should do some revamp of their platform. A lot like about Tron network because of its cheaper fees. And they are quite fast. I don't know also what are the future plans for this network, they have a good start but they need to get the interest again of crypto users. Now, there are new networks like BSC, SOL, ADA, MATIC and they have active development progress. Tron may be left behind if they will not do anything of importance this year.
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February 08, 2022, 10:45:01 PM
 #10

If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster,
Scalability means nothing when there was no other usability for the Tron coin.


I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. 
These blockchains have a better strategy than tron in all aspects starting from the marketing strategy, blockchain specification, community and many more.


 is Justin Sun to be blame for its failure?
Yes it is lol. Look at how this guy was wasting his time to do useless things like taking dinner with warren buffet. That guy focuses to create FOMO rather than on its fundamental and utility of coin. This is making the tron coin look like an outdated token. Just see the fact now.

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February 08, 2022, 10:47:08 PM
 #11

TRON has gone from strength to strength in recent years. Many speculate that it could become a platform for blockchain developers if the issues of high gas fees on Ethereum are not resolved soon. And the TRON ecosystem boasts an impressive array of tools and services, rivaling many of the major blockchains in the DeFi space. With an impressive marketing strategy and a growing following, we can expect to see more good things emerge from the TRON ecosystem in the coming months. All you need to do is feel and be patient, there is no better choice than that.

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February 08, 2022, 11:28:33 PM
 #12

This project is totally shit right now. It's pretty much the same like EOS. Garbage developers and CEO ruined this project. Wasting a lot of money to buy zombie platform like BTT. You must also see that even the blogging platform that already bought by tron has become a garbage project as well. It seems like that TRON developers wanna do the development instantly instead of creating various platforms to support their ecosystem.
It's caused by the developers didn't even interested to use this blockchain. So many users are even having a lot of problem even do send tron coin to the another wallet.
The tron foundation will be the same like block.one. You must also see how block.one right now. It's almost dead if it's not caused by 4 billions that raised through the ico sale.

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February 09, 2022, 03:46:14 AM
 #13

If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20..   is Justin Sun to be blame for its failure?

Yeah, I don't Justin is partly to blame, I mean in the beginning there was a lot of noise on Tron, but it died out and the hype is gone. And as someone has said, the circulating supply is like infinite, so that alone is questionable and it's hard to get an accurate price. And Justin has a squabble with CZ if my memory serves me right. And after that public argument Tron price goes down and it never recovered while the rest of the crypto market is doing all time high.

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February 09, 2022, 08:35:16 AM
 #14

how can Tron still be value at few cents since released?
Overvalued. The value of tron coin must be below 1 cents. I say this caused by it seems like that if this blockchain is dying caused by the new blockchains already attracted the tron users to migrate to the new network. I never used this blockchain again after there are some better blockchain like BSC and matic. Im actively using TRON stable coin due to the fees but these days so many alternatives and that makes tron look like an oldest blockchain.


What's holding this project back?
Tron community can answer this. They didn't even satisfied with the development that already happened.


Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20..   is Justin Sun to be blame for its failure?
Tron is only rely with cheap transaction without care about further development that already achieved by another blockchain. This blockchain will have the same future like old blockchain that dumped to the bottom. Justin must say thank you to stable coin tether to make this coin is still alive.

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February 09, 2022, 08:49:07 AM
 #15

I don't think it is a failure if it still can managed to have that price and look at the circulation supply. One thing I see is maybe the project is too complicated that some of the projects chooses Matic or Solana over Tron but there are still some projects that are based in Tron and maybe if they can do something that could change the game it might be come in par with Matic and Solana as well as Ethereum but not sure what could it be.

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February 09, 2022, 09:38:39 AM
 #16

Justin sun is the one to be blame for the performance of Tron, that man started treating developers like garbage, Tron should be a decentralized network but the CEO turned it into centralised project with his attitude towards other developers.
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February 09, 2022, 10:36:56 AM
 #17

As a Tron holder, I always believe in Tron but I must say it has not performed according to the expectation of the traders so far. The supply of Tron is very huge as compared to Matic, Polkadot, and Avalanche projects so comparison with these coins is not fair. Tron dev needs to do something to create the interest in buyer's minds again or should focus to get the new projects on Tron blockchain. I would say still it is in huge demand it's not obsolete in the market.

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February 09, 2022, 10:41:38 AM
 #18

I think TRON as one project looks project not have good progress after running several year depend with other coin have been success, I think developer as Justin Sun is not really serious about his coin and now get problem with BTT coin as part of TRON. I think need new developer for make TRON become potential coin and have investor keep believing with TRON coin, maybe they can looking for new partner and make some dapp exchange market like pancake swap with support many TRON network coin as potential increase to higher price.

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February 09, 2022, 11:07:38 AM
 #19

Lol, the supply answer is the circulating supply of Tron, it is billions so obviously, the price is going to be low. As compare it to let's say bitcoin or ethereum, with low supply. So the price correlates with the circulating supply and this is one flaw of Tron. And then Justin lost his touch as a shill, investors no longer buying into his hype like dinner with Warren B to attract attention from crypto enthusiast.

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February 09, 2022, 01:55:03 PM
 #20

If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20..   is Justin Sun to be blame for its failure?
No doubt that fee in tron is truly cheap. But projects are free to choose for their own networks and it's that there are projects that still rely on decentralized network of Ethereum.
The co founder of tron even said that it's centralized and that's the reason that holds them back. Sun has already resigned or retired as the ceo of it.

But the damage has already been done regardless Justin Sun has retired or left the Tron, TRX was once pitched to be the successor of ETH and would become #1 Altcoin but things never picked up for TRON due to the controversy involving Justin Sane and  I don't thing it can be revived without a  radical changes which would be required for it to grow further and what the point of having supply when the value has not given. 
Many have said that as the successor of Ethereum but all of them didn't find any success from doing so. I don't see much controversy with Justin.
If there is I think that's just when I'm annoyed always with the news about partnership which he find it as a gateway to market tron.

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