Topic: TRON 4.0: Boom or Bust? (Read 670 times)

Good point. But I doubt developers and individuals will be migrating to a centralized chain like TRON. Alternatives like Cardano, EOS, and Tezos are much better options in my own opinion. TRON may go bust, but these smart contract platforms won't. The more ETH 2.0 gets delayed, the better it'll be for the mainstream adoption of alternative smart contract platforms. Even with ETH's current state, there are several "Layer-Two" solutions for scalability. Developers and individuals can simply use these solutions in order to avoid waiting hours for transactions to get confirmed on the Blockchain or paying high fees. It's all a matter of mainstream adoption than anything else. While TRON's technicalities are good, the way it's organized is not. Maybe someone will create "TRON Classic" in the future? With TRON's open source design, anyone can create a better, decentralized version of it.

Nonetheless, the implementation of TRON 4.0 had little to no impact over TRX's price on the market. There doesn't seem to be much difference between this version and the previous version of TRON. The changes are quite minimal if you ask me. It's been nothing but hype in order to pump TRX's price on the market. Luckily, people are starting to notice Justin Sun's schemes which is the reason why prices haven't moved on the market. As the industry becomes mature, there will be a separation between the "good" cryptos and the "bad" ones. And TRX is one of the "bad" ones because it's utterly centralized, defeating the purpose of crypto and Blockchain technology. Just my thoughts

My thought is I wish I dump this coin and switch to ETH before today's event. Heck, since I hold TRON bag when it rolls out the TRON 4.0, saw it has nothing remarkable, I thought ETH 2.0 would be the same, my bad. In the end, only the original is the real killer and other just copy cat.

I don't think there is hype on this if they are going to fix or add some features to make their coin the choice of users and investors hype are for those coins who have no platform or products to speak and they are only talks of coming up products, Tron is a very strong coin in the market not the kind of hype coin.

Exactly how it is. Tron is stagnating and never put out anything that could be called as ethereum killer since that 2018 year.
So no wonder there is almost no hype about tron and ethereum is hyped up a lot

You guys know how much you get from bought ethereum when this thread has already published by the creator.

Tron is not a big deal as when the CEO of tron was manipulating the result voting and so many people have been loosing their interest to consider this as a game changer.

Even if you copy everything, it will be hard to defeat the classic in terms of name valuation and the easiness in which developers can work with it and come up with a good solution without much work and that said ETH has its flaws and we are seeing it in the gas price as the transaction charges keeps on increasing and the ETH 2.0 roll out is delayed, with these situation i do not see these competitors going bust.

Bust for me. Of course, the new TRON 4.0 is just full of artificial hype and the result reflects how it truly is. The 'ethereum killers' is just a same marking ploy like many cryptos out there with 'bitcoin killer' stuff. TRON won't dead tho, just not coming close to ethereum like many ethereum similar cryptos.

But now the throne has a low price and it is constructive in the market in relation to other assets. I buy Tron and believe in its price growth.

Exactly. ETH 2.0 boom really make me reconsider my TRON bag after the TRON 4.0 try to mimic ETH with its 2.0 but fell short with nothing interesting. Didn't catch public attention or improve the situation of TRON at all. Seeing ETH 2.0 put a lot more desire for TRON.

ETH 2.0 will become the real deal. TRON, on the other hand, will not gain the attention of everyday people because of its inherent centralized model. It becomes no different than regular banking, in my own opinion. With Binance taking huge dominance of the TRON blockchain, it should raise some concerns for anyone considering to put all their life savings into TRX. At any moment, Binance can disrupt the Blockchain to its heart's content. That's not possible with Ethereum, due to its decentralized nature. While the new PoS version of Ethereum will make the Blockchain a little less decentralized, it beats TRON by a long shot. The TRON project is just full of hype and speculation, than anything else. Justin Sun will continue to give propaganda to his little coin (TRX) in order to pump its price on the market. But it seems that people in crypto land are smart enough to not fall in his schemes.

With what happened with the STEEM blockchain lately, I'd stay away with anything related to Justin Sun. There are far better options out there on the market (besides Ethereum). Coins like EOS, ADA, and XTZ are much better than TRON because they're decentralized with a proven track record of development and innovation. The aforementioned coins put in practice what they promise, instead of delivering hype to people in the mainstream world. No one will take TRX seriously, unless the project starts focusing on decentralization and delivering real use cases to the world. All of this makes me wonder what's next for TRON 5.0?

TRON doesn't get a lot of attention on this bullish trend. It doesn't even move from its position while another coins (included the competitors) have been getting a huge increase. it looks like tron 4.0 was nothing compared with eth 2.0

TRON also has this Defi hype but its just not used by investors and blame it to Justin for being BS. He still can hype just as how he does as alway. No need for Defi to hype TRON, Justin can ask to dine again with someone maybe Trump?

But look TRX seem to be rising. At least when BTC goes up, TX will be dragged up there. But still its a BUST!

indeed many investors and traders who get a lot of results from using tron, but the real problem is the effect of the total supply of tron, when you have that much supply and has a lot of development then the price will still be very difficult to be expensive, at least there must be a reduction in supply from tron so that when there is an update on the development of the tron can trigger an increase in the price of the tron because it will be increasingly difficult to get tron.

how do you know that they earn ? are you one of it . i dont know if thats true that tron is a bad project and its only a copy paste . well if its true then people wont find the coin less interesting and if they are lucky they will only get a small number of investors . the coin wont rise that way but the coin did rise before for you to say that people already earn good money from them  .  i dont find tron bad but i just find it as an average coin , i already used it before but not long enough

In my opinion, TRON will end up being another nail in the coffin. There are far better options to choose from which focus on decentralization than anything else. It's always important to balance between scalability and decentralization, in order to fulfill Blockchain tech's initial promise. Competing chains like EOS, ADA, and ETH have been following Blockchain tech's footsteps by focusing on decentralization whenever possible. While they're not perfect, they're certainly much better than the utterly centralized distributed ledger known as TRON. The latest version of the infamous smart contract platform, will have a positive impact on the price of TRX within the short term. After that, everything will be the same as it was before the announcement of TRON 4.0.

Ultimately, what matters is decentralization and usability. If TRON is able to meet with these requirements, it'll be able to last a lifetime. But we all know, that's not the case today. Which leads me to believe that TRON will not last for long. Just my thoughts

I do not see this as a problem. if they can do better and do more advertising around their product then that will be very good. TRX investors have always earned very good money on the rise in the price of this coin.

For me it doesn't matter if Tron won't get to the top as many die hard supporters tried dreaming TRON would achieve. All I want is for my investment to be grow and get more out of it. There are no indicators that this coin is having a big problem so there is really nothing for us to be concerned about. If the coin will get more projects and more investments then that is good we would be all participating and help both the coin and ourselves in the process. We all wish for TRON more productive years ahead.

I still find it funny that people are still taking Tron serious, the way the development is going is very disturbing, if they can not come up with novel ideas but to just copy what other people are doing is not good for the platform.

Busted, look at how ETH doing with marketing and development on ETH 2.0 and compare to TRON. For now, every "Ethereum Killers" need to pull out their textbook and note down everything ETH did with its plan for ETH 2.0. Copy it and they would be fine.

Ethereum is not getting carried by the DeFi hype, just like in the past it got carried by the ICO hype. TRON and other self-proclaimed Ethereum killers have never managed to have their own ecosystem that could rival Ethereum's one. So, all these new features that they offer are irrelevant right now. Whether it's just network effect or Ethereum is fundamentally superior, smart contract programmers will keep choosing Ethereum over its competitors. This is why TRON has been stuck with the same price ever since 2018.