Post
Topic
Board Altcoin Discussion
Re: TRON 4.0: Boom or Bust?
by
Abiky
on 11/07/2020, 01:13:18 UTC
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