Post
Topic
Board Altcoin Discussion
Re: About Tron
by
tippytoes
on 08/02/2022, 22:43:37 UTC
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.