Topic: How many advantages do you know about tron? (Read 245 times)
Im not a fan of tron blockchain but it seems one of the lowest in fees and Im alwayd using it for transfering my stabelcoins via exchange due to a very minimal fees. Its impressive actually considering other L1 transfers. But in terms of dapps relation, I prefer other platform like matic, avalanche, bsc and others from ethereum. I like to think tron as an alternative even though its not my first choice. But use case wise its one of useful.
I find so many benefits of Tron like,
1. Negligible transaction fees
2. Creation of dApps with the help of smart contracts
3. Transactions popular for being speedy and robust
4. Scalability to manage a higher volume of transactions
Do you know about all these benefits or any other you want to add on? and which payment processor are you using to transact tron?
You have mentioned some nice points about the Tron network. Most of the time I use this network to withdraw my assets from various crypto exchanges. Because the withdrawal fee of this network is the lowest. Different crypto projects can save a lot of transaction fees if they use this network. 1. Negligible transaction fees
2. Creation of dApps with the help of smart contracts
3. Transactions popular for being speedy and robust
4. Scalability to manage a higher volume of transactions
Do you know about all these benefits or any other you want to add on? and which payment processor are you using to transact tron?
I liked to use TRON, but the fees became much bigger lately, and I'm thinking to switch to something else to be honest.
I use this network often. The transaction fee of this network is the lowest. So this network is very useful for small amount transactions. You will not find a trusted network with lower transaction fees than this network. And even if you find it is not supported everywhere. 
Never knew this much, I use the Tron network only to send stablecoins like USDt or USDC between markets so the price is cheaper and the process is faster. Currently the price of Tron is quite stable and there is still no big pumping. I don't hold Tron coins because they are not in my control, but I still use the network to carry out transactions so that the costs are cheaper and faster so it will be more efficient.
This always confused me as well. I think those four things are the most important things that Tron has managed to do, and I agree that it is a good thing, there is nothing wrong with that and I believe that it has done something amazing. But when it comes down to ranking, there are so many that is ranked higher than Tron for some reason.
There must be something that I haven't seen and not be able to do, maybe it is going to end up with something that is a bit more different and that could be the issue, but for the time being I do not really see it change all that much. Hopefully it could reach to a point where we could end up with a better result one way or another, it should be important to remember that Tron is doing something great.
There must be something that I haven't seen and not be able to do, maybe it is going to end up with something that is a bit more different and that could be the issue, but for the time being I do not really see it change all that much. Hopefully it could reach to a point where we could end up with a better result one way or another, it should be important to remember that Tron is doing something great.
Incorrect, you must pay fees for the miners if you made a transaction in cryptocurrency, while digital fiat or banks most of the times will not charge any fee as long as you're send to the same platform. Don't forget pay using cash will not cost anything.
Most of people who invest in cryptocurrency don't want to use it for currency because they believe the price will increase over time.
So accepting cryptocurrency will not give any benefit to expand customer base and it will increase transaction fees.
Most of people who invest in cryptocurrency don't want to use it for currency because they believe the price will increase over time.
So accepting cryptocurrency will not give any benefit to expand customer base and it will increase transaction fees.
In fact the fees for the transactions are really minimal and then there are many dedicated dapps and it is easy to stake with high percentages
As others agreed, USDT.
To be honest, I only use the Tron network when I am transferring USDT to several exchanges because it's the cheapest and most available if you want your funds to be transferred on some exchanges.
The only advantage of Tron for me is being fast transaction sped and lower transaction fees.
Yeah, it's like this is the most use of tron and that's for USDT.To be honest, I only use the Tron network when I am transferring USDT to several exchanges because it's the cheapest and most available if you want your funds to be transferred on some exchanges.
The only advantage of Tron for me is being fast transaction sped and lower transaction fees.
While the ERC20 is too expensive for its fee, so this integration is like what the majority in the community really likes about Tron.
There's no contest about its usage and demand with USDT transactions on TRC20 and that's one advantage that you mentioned which is like a combination of most of all.
As others agreed, USDT.
To be honest, I only use the Tron network when I am transferring USDT to several exchanges because it's the cheapest and most available if you want your funds to be transferred on some exchanges.
The only advantage of Tron for me is being fast transaction sped and lower transaction fees.
To be honest, I only use the Tron network when I am transferring USDT to several exchanges because it's the cheapest and most available if you want your funds to be transferred on some exchanges.
The only advantage of Tron for me is being fast transaction sped and lower transaction fees.
As many users know TRON, I admit that the fee is quite low compared to many other ecosystems, but looking at the problem of the ecosystem is too sketchy and there are not many special projects and more closely related. The connection with Justin Sun made me never really believe it, although I also use it for USDT transfers, I have no intention of investing in TRON or any project on the ecosystem.
The pump/dump process is also dependent on the general situation of the whole market, after many years since launch, perhaps the current position is built by them with financial strength, and today when many ecosystems While others are competing with the pros, TRON is showing a potential for a competitive setback in areas where people hype about trends.
The pump/dump process is also dependent on the general situation of the whole market, after many years since launch, perhaps the current position is built by them with financial strength, and today when many ecosystems While others are competing with the pros, TRON is showing a potential for a competitive setback in areas where people hype about trends.
With the years that I am into crypto trading, I guess, that's one of the most popular reasons why a lot of traders like Tron network.
They have very cheap fees when you transact USDT via Tron network and a lot of trading platforms are offering it.
However, investing the tron coin itself, for me is high risk as hard to gauge about the long-term plans of the dev team about this project.
But I totally agree if you will use this network in any of your transactions as they are quite cheap and fast as well.
I believe the Tron team should invest more on establishing the longevity plans for this platform for people to have confidence in holding this coin for long-term purposes.
As for the payment processor, I have not used any to transact Tron, but I have heard of some good options, such as TronWallet, Ledger Nano S, and Guarda Wallet3. These are some of the best Tron wallets that offer security, convenience, and functionality. Do you have any experience with these wallets or any other recommendations?
Actually i don’t need to use TRON regularly, i keep holding some coins those in binance network. I used TRON just because of USDT, i mean when i need to transfer my USDT (Tether) then i have to use TRON network to reduce transaction fees, but now fees is almost double in TRON, a few days ago i made a transaction in 20$ USDT and i spend around 2$ fees.
As many users know TRON, I admit that the fee is quite low compared to many other ecosystems, but looking at the problem of the ecosystem is too sketchy and there are not many special projects and more closely related. The connection with Justin Sun made me never really believe it, although I also use it for USDT transfers, I have no intention of investing in TRON or any project on the ecosystem.
The pump/dump process is also dependent on the general situation of the whole market, after many years since launch, perhaps the current position is built by them with financial strength, and today when many ecosystems While others are competing with the pros, TRON is showing a potential for a competitive setback in areas where people hype about trends.
The pump/dump process is also dependent on the general situation of the whole market, after many years since launch, perhaps the current position is built by them with financial strength, and today when many ecosystems While others are competing with the pros, TRON is showing a potential for a competitive setback in areas where people hype about trends.
As others agreed, USDT.
To be honest, I only use the Tron network when I am transferring USDT to several exchanges because it's the cheapest and most available if you want your funds to be transferred on some exchanges.
The only advantage of Tron for me is being fast transaction sped and lower transaction fees.
To be honest, I only use the Tron network when I am transferring USDT to several exchanges because it's the cheapest and most available if you want your funds to be transferred on some exchanges.
The only advantage of Tron for me is being fast transaction sped and lower transaction fees.
I find so many benefits of Tron like,
1. Negligible transaction fees
2. Creation of dApps with the help of smart contracts
3. Transactions popular for being speedy and robust
4. Scalability to manage a higher volume of transactions
Do you know about all these benefits or any other you want to add on? and which payment processor are you using to transact tron?
1. Negligible transaction fees
2. Creation of dApps with the help of smart contracts
3. Transactions popular for being speedy and robust
4. Scalability to manage a higher volume of transactions
Do you know about all these benefits or any other you want to add on? and which payment processor are you using to transact tron?
I guess it's just some basics, most of crypto have this capability or capacity already, and what you mentioned, all of this thing they are competing against each other. As for the fees, not sure though, it seems that Tron is also getting expensive as well as compare to other cryptos.
Used them though because of USDT, and again my only complain is that sometimes the fees are not consistent.
I know that there are alternatives, and so yes, I will have to look into it and maybe ditch Tron. But for those who invested on it, then I hope that it will have a good run in the next bull cycle.
Tron is a dead blockchain, and the only thing that makes it alive is USDT. Without it, we might not have heard of that blockchain, so with the decrease in transaction fees on the Ethereum network, I expect USDT to move to that blockchain, or rather, that the trading volumes there will be higher, and therefore Tron will slowly die after that.
2. All competing blockchains have this feature.
3. All competing blockchains have this feature.
4. All competing blockchains have this feature.
1. Negligible transaction fees
2. Creation of dApps with the help of smart contracts
3. Transactions popular for being speedy and robust
4. Scalability to manage a higher volume of transactions
1. Fees are increasing, and there are some alternatives that are cheaper, but less reliable. If the fees on Ethereum become the cheapest, then this is the final blow to this project.2. Creation of dApps with the help of smart contracts
3. Transactions popular for being speedy and robust
4. Scalability to manage a higher volume of transactions
2. All competing blockchains have this feature.
3. All competing blockchains have this feature.
4. All competing blockchains have this feature.
I find so many benefits of Tron like,
1. Negligible transaction fees
1. Negligible transaction fees
That's the only advantage of Tron I know about and that's not because I am a regular Tron user. It is because binance has the lowest USDT withdrawal fees when you use this network. So I used it many times while withdrawing my USDT to another exchange. However I am not familiar with the other points which you posted but if it is as good as you said, then tron will be a major player in crypto in the future. In the end Justin Sun is a billionaire and he is not going to bet on a losing horse. More competition is always better. ETH shouldn't be the only game in town.
Wrong, Tron network isn't cheap anymore and the adoption of Tron isn't huge.
Current Bitcoin 24 hours volume is $17,419,335,344 while current Tron 24 hours volume is $169,670,589, Bitcoin volume hundred times than Tron.
But if we compare the fees, you can send Bitcoin for 15/sat or $0.55, while sending any token run in Tron network will cost you 8 Tron or $0.57 which is completely close with cost of sending Bitcoin.
Current Bitcoin 24 hours volume is $17,419,335,344 while current Tron 24 hours volume is $169,670,589, Bitcoin volume hundred times than Tron.
But if we compare the fees, you can send Bitcoin for 15/sat or $0.55, while sending any token run in Tron network will cost you 8 Tron or $0.57 which is completely close with cost of sending Bitcoin.
Almost 99% of dapps in tron blockchain are failed project. I will not call that as a good blockchain to be used for building your dapps caused by tron was not friendly ecosystem for the developers. That reminds me with the conflict between Justin Sun and Oikos team.
The only benefits that i knew from tron is cheap transaction. To be honest, if i rarely using tron native coin to send money. I mostly used USDT tron to send my money anywhere.
That's the only advantage that is owned by tron. Even activating a wallet in tron is far complicated rather then ETH EVM. Im not seeing a lot of benefits offered by tron.
Indeed, Tron' ecosystem hasnt been all sunshine, has it? The allure of low-cost transactions doesnt fully offset the high ratio of dapp failures. Without flourishing projects, whats a blockchain worth? Regarding the Oikos-Justin Sun feud - it does cast a shadow over the platform's reputation, no?The only benefits that i knew from tron is cheap transaction. To be honest, if i rarely using tron native coin to send money. I mostly used USDT tron to send my money anywhere.
That's the only advantage that is owned by tron. Even activating a wallet in tron is far complicated rather then ETH EVM. Im not seeing a lot of benefits offered by tron.
Lets not forget, a blockchain' worth extends beyond its native token. USDT on Tron is handy, but its only a fragment of Tron' potential reach.
True, Tron isnt flawless. The intricate wallet activation versus ETH', for instance, is a challenge. But, dismissing Tron outright? Even giants stumble, wouldnt you agree?
I find so many benefits of Tron like,
Do you know about all these benefits or any other you want to add on? and which payment processor are you using to transact tron?
Do you know about all these benefits or any other you want to add on? and which payment processor are you using to transact tron?
I am not really interested in tron therefore i don't have to much knowledge about it but i would say that even if all 4 points that you have listed are true, then those are definitely good features, but nowadays nothing really special anymore. Today we don't only have ETH and BSC as blockchains with smart contract functionality. We now also have projects like Polygon, Solana, Arbitrum and others which are all fast, have low fees and they are all offering smart contracts.
Almost 99% of dapps in tron blockchain are failed project. I will not call that as a good blockchain to be used for building your dapps caused by tron was not friendly ecosystem for the developers. That reminds me with the conflict between Justin Sun and Oikos team.
The only benefits that i knew from tron is cheap transaction. To be honest, if i rarely using tron native coin to send money. I mostly used USDT tron to send my money anywhere.
That's the only advantage that is owned by tron. Even activating a wallet in tron is far complicated rather then ETH EVM. Im not seeing a lot of benefits offered by tron.
The only benefits that i knew from tron is cheap transaction. To be honest, if i rarely using tron native coin to send money. I mostly used USDT tron to send my money anywhere.
That's the only advantage that is owned by tron. Even activating a wallet in tron is far complicated rather then ETH EVM. Im not seeing a lot of benefits offered by tron.
I liked to use TRON, but the fees became much bigger lately, and I'm thinking to switch to something else to be honest.
I want to believe that tron is not the highest consumer of transaction fee here in cryptocurrency, there are many other cryptocurrencies that their network fee is more high, I've been using tron and i like the fact that they are reliable and very fast, their fee rate is not beyond the normal, one can still manage up with the affordability unlike as being applicable on other networks, i just don't see the increase in it as something much than ome can be able to afford.
This is a Bitcoin discussion board so I think this thread belongs to the altcoin discussion board, so you need to move the thread to the appropriate board in other to gain the right exposure and contributions.
You can move the thread by clicking the move button on the left baseline on the page when you use the edit option.
You can move the thread by clicking the move button on the left baseline on the page when you use the edit option.
I liked to use TRON, but the fees became much bigger lately, and I'm thinking to switch to something else to be honest.
I find so many benefits of Tron like,
1. Negligible transaction fees
2. Creation of dApps with the help of smart contracts
3. Transactions popular for being speedy and robust
4. Scalability to manage a higher volume of transactions
Do you know about all these benefits or any other you want to add on? and which payment processor are you using to transact tron?
1. Negligible transaction fees
2. Creation of dApps with the help of smart contracts
3. Transactions popular for being speedy and robust
4. Scalability to manage a higher volume of transactions
Do you know about all these benefits or any other you want to add on? and which payment processor are you using to transact tron?
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