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Author Topic: TRON is bad coin, here is why  (Read 2101 times)
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August 06, 2023, 07:08:03 PM
 #61

Justin Sun copied the idea from Vitalik Buterin, but his ecosystem allows you to make transfers without commission if you have a certain number of coins staked. Many do not know, but Bandwidth and Energy can be delegated to another user for free transactions, but there is no such thing in Ethereum, so there are a lot of stablecoin transactions in the Tron ecosystem.
The idea is crypto coin, doesn't really seem to be different than most of the others, it just looks like it could be possible. I believe that we could make it work one way or another. I understand that it could make it harder to be different and that is why Justin Sun and overall Tron managed to do one thing that would matter and that is transaction fee being nearly free. That is the difference it put in the mix and they should be liked for it.

I do not have any neither, but I always think of it as a good project, I do not buy it because there is no attraction to it, and if you are not attractive to the investor, then the price will not go up. I hope that it gets to a point where it can go up a bit more than where it is now.

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August 06, 2023, 09:55:32 PM
 #62

Justin Sun copied the idea from Vitalik Buterin, but his ecosystem allows you to make transfers without commission if you have a certain number of coins staked. Many do not know, but Bandwidth and Energy can be delegated to another user for free transactions, but there is no such thing in Ethereum, so there are a lot of stablecoin transactions in the Tron ecosystem.
The idea is crypto coin, doesn't really seem to be different than most of the others, it just looks like it could be possible. I believe that we could make it work one way or another. I understand that it could make it harder to be different and that is why Justin Sun and overall Tron managed to do one thing that would matter and that is transaction fee being nearly free. That is the difference it put in the mix and they should be liked for it.

I do not have any neither, but I always think of it as a good project, I do not buy it because there is no attraction to it, and if you are not attractive to the investor, then the price will not go up. I hope that it gets to a point where it can go up a bit more than where it is now.
Yes, most of us don't see TRON as one of the promising and profitable projects but we never say it was a useless project. Might accept that only a few people had put their money into this project but considering its existence in the market for many years, we could think that it is better than these meme coins and other altcoins especially if we talk about transaction fees. I believe this project RON become sustainable because of its ecosystem but can't force people to look at its profit potential as it never looks like that.



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August 11, 2023, 02:00:44 PM
 #63

I also think Tron is a bad coin, but your arguments are not strong enough and fall into the logic error called begging the question (https://en.wikipedia.org/wiki/Begging_the_question). Justin is a copy and paste man. He's copying and pasting everything that's done on Ethereum and porting it to Tron, but he hasn't succeeded in anything except gambling dapps. I never hold Tron either, but sometimes I prefer Tron when transferring money between exchanges because its transfer fee is cheaper. I basically agree with you but I don't see this issue from the same perspective as you do.

Exactly. But just because Justin Sun is a "copycat", doesn't mean the project itself is garbage. TRON is still useful, even though it's not as innovative as its competitors. The ability to use it for stablecoin transfers at a fraction of the cost, makes it a winner in my book. Transactions are usually free if you hold TRON Power in your wallet. If the community takes full control of the project, I can see TRX rising all the way towards the top ranks in market cap.

All TRX needs is a lower supply, ZK-Proofs, and L2 scaling solutions to become a huge ETH contender. The project is open source, so either the original TRON blockchain prevails or a new one (fork) will take its place. As long as decentralization is put first, nothing else matters. Just my opinion Smiley

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August 13, 2023, 04:13:33 PM
 #64

they must release the sources for nodes and make it simple. how supposed we put wallet in unknown server . hope they know what mean decentralize it. they need think who has own PC not regular app for phone releases. like bitcoin, doge, ltc where have own wallet every PC and gatget.

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August 13, 2023, 04:41:25 PM
 #65

Everyone should know, how fraudulent TRON really is.
Avoid bad coin like TRON.
TRON coin was launched in 2017, meaning it has been on the crypto market for more or less 6 years, as far as I know TRON had the highest price at that time $0.3 and the lowest $0.001 and the current price is $0.07 TRON has no Max supply with total supply of 89,484,109,834 TRX and coins that89,484,074,813 TRX in circulation, you can see all of that here: https://coinmarketcap.com/currencies/tron/, Of course I'm not talking about what happened like you said here, all thoughts are with ourselves in the assessment of the TRON coin.



Bottom line: regardless of whether TRON coins are bad or good, fraudsters or not, one thing for sure is that I have never bought and traded tron ​​coins, but there are things I need to consider for tron, namely; the tron ​​network, for me is bad from the development of coins on the market, good from a network perspective, making transactions in usdt of course I prefer to use the tron ​​network, it's easy and fast, for that TRON in my assessment is bad in terms of coin development on the market, but good in terms of network/transactions, that's my understanding of TRON.

R


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August 13, 2023, 05:01:15 PM
 #66

Well, it's still cheaper than ETH. Not as much as it used to, but still. I mean, there are a lot of other coins that didn't do something new, at least TRON works fine.
In my opinion,  both from vs Ethereum are almost the same and there is no lesser evil between the two networks since both are centralized and are still heading towards more centralization since ETH recently moved from Proof of Work to Proof of stake which give liquidity providers the control of which transaction get confirmed on the network.

This is a bad omen to Ethereum users since the whale with the highest liquidity controls the network transactions,  so if you want to compare two assets you shouldn't put up assets that are in the same category such as Ethereum vs Trons in this situation.
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August 15, 2023, 02:57:17 AM
 #67

In my opinion,  both from vs Ethereum are almost the same and there is no lesser evil between the two networks since both are centralized and are still heading towards more centralization since ETH recently moved from Proof of Work to Proof of stake which give liquidity providers the control of which transaction get confirmed on the network.

This is a bad omen to Ethereum users since the whale with the highest liquidity controls the network transactions,  so if you want to compare two assets you shouldn't put up assets that are in the same category such as Ethereum vs Trons in this situation.

That is a fact. But even if both coins are centralized, one proves to be better than the other in terms of mainstream acceptance and reliability. Ethereum is a better option than TRON because of its security/reliability and largest ecosystem of dApps, tokens, and services alike. It may have high gas fees, but that doesn't stop people from using it. With off-chain scaling solutions (L2), ETH can have ultra-low fees and blazing-fast speeds just like TRX.

What's keeping TRON alive is the USDT stablecoin. There's a lot of network activity regarding stablecoin transactions. If it wasn't because of that, TRX would've been dead by now. Justin Sun still dominates the TRON chain with his SRs (validators), so he has nothing to lose. If the community is keen on decentralization, then we'll be seeing a TRON-based fork emerge soon. Who knows what the fate of TRX will be? Just my thoughts Grin

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August 15, 2023, 08:44:30 AM
 #68

I also think Tron is a bad coin, but your arguments are not strong enough and fall into the logic error called begging the question (https://en.wikipedia.org/wiki/Begging_the_question). Justin is a copy and paste man. He's copying and pasting everything that's done on Ethereum and porting it to Tron, but he hasn't succeeded in anything except gambling dapps. I never hold Tron either, but sometimes I prefer Tron when transferring money between exchanges because its transfer fee is cheaper. I basically agree with you but I don't see this issue from the same perspective as you do.

Exactly. But just because Justin Sun is a "copycat", doesn't mean the project itself is garbage. TRON is still useful, even though it's not as innovative as its competitors. The ability to use it for stablecoin transfers at a fraction of the cost, makes it a winner in my book. Transactions are usually free if you hold TRON Power in your wallet. If the community takes full control of the project, I can see TRX rising all the way towards the top ranks in market cap.

All TRX needs is a lower supply, ZK-Proofs, and L2 scaling solutions to become a huge ETH contender. The project is open source, so either the original TRON blockchain prevails or a new one (fork) will take its place. As long as decentralization is put first, nothing else matters. Just my opinion Smiley
You still recommend TRON, even though it started out as a "copycat"? In the world of blockchain, which changes quickly, its important to be creative. Yes, TRON could be used to move stablecoins, but does that make it a top-tier cryptocurrency? Definitely not. Do you think its enough to be the cheapest choice to be the best? Think again

No fees when you use TRON Power? Brilliant. But a real winner in blockchain technology has to be more than just "cheaper" or "free." If you think that the community will get TRX to the top, you might need to wake up. It needs strong infrastructure, the best security possible, and ongoing improvements.

Even though your ideas for TRX (less coins in circulation, ZK-Proofs, and L2-scaling solutions) are good, they are also basic requirements for any blockchain that wants to compete with Ethereum. And dont even talk about decentralization. It's not just a feature, it's the FOUNDATION of any credible blockchain

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August 15, 2023, 08:54:59 AM
 #69

I thinks it's dependent on what reasons are best related to what you do with a tech. Basically, every project on the blockchain space is a tech solution, which means it solves a particular problem and this problem might not cut across your interest but it doesn't invalidate the solution it offers. Tron isn't as bad as thought.

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August 15, 2023, 05:09:06 PM
 #70

You still recommend TRON, even though it started out as a "copycat"? In the world of blockchain, which changes quickly, its important to be creative. Yes, TRON could be used to move stablecoins, but does that make it a top-tier cryptocurrency? Definitely not. Do you think its enough to be the cheapest choice to be the best? Think again

No fees when you use TRON Power? Brilliant. But a real winner in blockchain technology has to be more than just "cheaper" or "free." If you think that the community will get TRX to the top, you might need to wake up. It needs strong infrastructure, the best security possible, and ongoing improvements.

Even though your ideas for TRX (less coins in circulation, ZK-Proofs, and L2-scaling solutions) are good, they are also basic requirements for any blockchain that wants to compete with Ethereum. And dont even talk about decentralization. It's not just a feature, it's the FOUNDATION of any credible blockchain

TRON may be a "copycat", but that doesn't mean you can't take advantage of it whenever you see fit. Compared to other chains, fees are cheaper and confirmation times are faster. The inexpensiveness of the TRX cryptocurrency, makes it extremely-convenient for "De-Fi", gambling, and even stablecoin transfers.

Even though this is the case, we cannot ignore the fact that the TRON ecosystem is quite smaller compared to its rivals. There's a plethora of dApps, tokens, and services available elsewhere. As the real world says, "you get what you pay for". Who knows what the future of the TRON blockchain will be? Just my thoughts Grin

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August 15, 2023, 06:43:12 PM
 #71

I admit TRON is a failure, but that doesn't mean it's a scam. All that Justin Sun did was shill the project across social networks for his own benefit. His efforts were in vain because TRX never reached $1. It's always been cheap. As far as tech goes, the TRON blockchain was built based on both Ethereum and EOS' design. It uses DPoS as its consensus algorithm alongside a virtual machine which resembles Ethereum's EVM (called the TVM).

A long time ago, Justin Sun published the TRON whitepaper which was an exact copy of ETH's whitepaper. Vitalik Buterin accused Justin Sun of "plagarism". It's likely TRON is a direct copy of Ethereum with a few minor tweaks. While there are stablecoins built on top of the TRON blockchain, there isn't a variety of dApps to choose from. Competitors are faring better in this regard. Who knows how long TRON will last? Just my thoughts Grin

Undoubtedly, TRON as an investment has not achieved any significant success over the past 7 years, but in terms of adopting and utilization, TRON and its TRC20 network is much more useful and reliable than most altcoins, even among the older ones. TRON does not grow in value well, but almost all crypto services work with it. It is one of the few coins on the crypto market whose appeal is not in speculation, but in utility.

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August 15, 2023, 07:52:11 PM
 #72

TRON has failed to achieve what it was speculated and the worst part is it's development team who have miserably failed in advancing the ecosystem thus reducing TRON just as a payment chain while withdrawing or transferring funds as it's much cheaper compared to ERC chain. I wouldn't say it's a bad coin but would call it as a disappointment as this was projected to be competitor of ETH but couldn't even go anywhere closer to ETH.









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August 16, 2023, 06:00:38 PM
 #73

Undoubtedly, TRON as an investment has not achieved any significant success over the past 7 years, but in terms of adopting and utilization, TRON and its TRC20 network is much more useful and reliable than most altcoins, even among the older ones. TRON does not grow in value well, but almost all crypto services work with it. It is one of the few coins on the crypto market whose appeal is not in speculation, but in utility.

It's based on Ethereum, so yes, it's as reliable as it can be. What I don't like is that TRON is more centralized than ETH itself. But other than that, TRON works well for quick transfers at the fraction of the cost. If developers started building quality dApps on the TRON blockchain, you can bet TRX's price will rise like skyrocket.

The project is quite dormant, especially when Justin Sun decided to abandon it. Now the community is in-charge of the cryptocurrency. Maybe they will make TRON shine again someday? As long as TRX is being actively traded across exchanges, we should have nothing to worry about. Just my thoughts Grin

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August 16, 2023, 06:16:04 PM
 #74

The developing system of Tron is really good now, while the evidence regarding the bad coin, about the Tron, is I don't think valid. I can't take it so seriously. But the way Tron is performing since the start is quite impressive and furthermore, it will provide more.

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August 17, 2023, 03:49:31 PM
 #75

Undoubtedly, TRON as an investment has not achieved any significant success over the past 7 years, but in terms of adopting and utilization, TRON and its TRC20 network is much more useful and reliable than most altcoins, even among the older ones. TRON does not grow in value well, but almost all crypto services work with it. It is one of the few coins on the crypto market whose appeal is not in speculation, but in utility.

It's based on Ethereum, so yes, it's as reliable as it can be. What I don't like is that TRON is more centralized than ETH itself. But other than that, TRON works well for quick transfers at the fraction of the cost. If developers started building quality dApps on the TRON blockchain, you can bet TRX's price will rise like skyrocket.

The project is quite dormant, especially when Justin Sun decided to abandon it. Now the community is in-charge of the cryptocurrency. Maybe they will make TRON shine again someday? As long as TRX is being actively traded across exchanges, we should have nothing to worry about. Just my thoughts Grin

TRON has recently had the same problems with commissions as Ethereum, they have become very high. I don't know what it's related to, it seems like they had some kind of update and after that the commissions in various non-native wallets became very high. If the network would somehow solve this problem for everyone, it would be even more interesting to use TRON. So far this problem has been solved through energy storage and tron staking, but that's not the way for most. Most don't want to do staking to be able to do cheap transfers.

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August 17, 2023, 04:22:24 PM
 #76

Not really Tron great coin my opinion.Day Hy day huge improvement this network coin.Future Tron network coin huge update I hope.I didn't miss this opportunity.So I hold some Tron coin.This network really good.Huge improvement this coin.Tron network coin is good mor than etherum network.This network fee so good more than Eth network.

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August 18, 2023, 02:30:36 PM
 #77

Not really Tron great coin my opinion.Day Hy day huge improvement this network coin.Future Tron network coin huge update I hope.I didn't miss this opportunity.So I hold some Tron coin.This network really good.Huge improvement this coin.Tron network coin is good mor than etherum network.This network fee so good more than Eth network.

they look like hide they node so far i not wanna using it cause not decentralize. i try they node not work and not updated + incompatible with my ARM. bitcoin, lite and doge has node for arm this better. well this up to people opinion. some people wanna easy got. some people like secure.

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August 18, 2023, 05:32:42 PM
 #78

Then you should choice another top currency and avoid tron. You should know that eth transaction fees are high but their number of investors is huge and almost everyone is rushing to invest in eth. If you are a trader then no need to take care of investment and make profit by trading daily.

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August 20, 2023, 05:57:02 PM
 #79

TRON has recently had the same problems with commissions as Ethereum, they have become very high. I don't know what it's related to, it seems like they had some kind of update and after that the commissions in various non-native wallets became very high. If the network would somehow solve this problem for everyone, it would be even more interesting to use TRON. So far this problem has been solved through energy storage and tron staking, but that's not the way for most. Most don't want to do staking to be able to do cheap transfers.

I was not aware of that. Maybe it's because I've been using the native wallet all along? This is a serious issue that needs to be addressed ASAP. But knowing that the TRON developer team is virtually non-existent, don't expect any improvements on the Blockchain anytime soon. It's a pity because TRON held the potential to become a viable competitor agaisnt Ethereum. If it were active in development and innovation, it would've been behind giants like Cardano and BNB.

I'd just invest a small amount of money into TRX, just to be safe. Who knows if TRON is about to die soon? Just my thoughts Grin

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August 20, 2023, 08:20:59 PM
 #80

Are there still have investor interested with trading or investing in TRON coins? I don't think which one side interested with  TRON for investing because keep stable in lower price for longer time. Its not only with TRON coin but also all coins with TRON network get stuck price progress and difficult to raise higher price. Current TRON or TRX price keep stable under $0.08 and never see will raise up until $1, its seems difficult with TRON developer Justin Sun never give positive impact how to make TRON the best coins for investing.
No matter with how long your investing with TRON but always get stuck with price keep down, have been five years know with cryptocurrency never earn more profitable with TRON coins investment due stable in lower price.

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