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Topic: 🤔 Personal thoughts about Tron Blockchain - page 2. (Read 134 times)

newbie
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February 13, 2022, 01:49:21 PM
#1
Tron blockchain
- Block Time: 3 s
- Transaction Time: 2000 TPS.
- Consensus: Delegated Proof of Stake (DPoS)

Technology
TRON  architecture has 3 layers: Storage Layer, Core Layer, and Application Layer.
- The core layer has smart contracts, account management, and consensus. The languages used in the smart contract are Solidity, Java, C++, Scala, Python, Go. The consensus mechanism is Delegated Proof of Stake (DPoS).
- The storage Layer uses LevelDB and KhaosDB to store data.
- Application Layer is where dapp runs.

Tron Sun Network is the sidechain using the same DPoS consensus to be compatible with TRON Protocol and highly customizable for dapps.
Strong points
- Fast transaction, low fee
- The ability of scalability with sun network.
- Thick backers: Samsung, Coin Payment, Web Opera, MixMarve, Playza,...
- Huge fan base, big community.
- Dexs on Tron like Justswap ranked in the top 10 having the most TVL.
Drawbacks
- Distribution of TRX is too centralized(a small number addresses own a large amount of TRX )
- Competition with a lot of big names: Ethereum, Polkadot,...

Tron ecosystem
The Tron ecosystem has been improved gradually with many components of NFT marketplaces, Oracles(WINkLink) , Defi(JustLend), NFT/Gaming(Blockchain Cuties, ChainZ Arena), Synthetics(Your Future Exchange). However, i would say that Defi is the strength of Tron for farming, lending and borrowing such as JustSwap, Sunswap. There are also many CEXS, whose main token is deployed on Tron to not only connect the fiat with crypto but also take advantages of big ecosystem of Tron. Taking FMC token for example,  FMC is the main token of FMCPAY Exchange, which provides on-demand liquidity solution. FMCPay Exchange charges transaction fees of just 0.04 %, which is much lower compared to Binance with 0.1% and Coinbase with 0.50%. This CEX is holding many airdrops every week, staking events with high APY, and other community events for new users.
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