Tron could be next doge or ada? - page 3.

Abiky

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Quote from: Blitzboy on June 28, 2023, 05:24:12 AM

A scarcity of fresh features can slow a project, especially in the breakneck blockchain world. While TRON has speedy, affordable transactions up its sleeve, it doesnt stand tall against blockchains with standout features. It’s like perpetually chasing, but never outpacing.

Your speculation of USDD's risk if TRX tumbles drastically is a fair worry. It’s curious that TRON endures, even when eclipsed by superior smart contract blockchains. TRON's journey forward is a riddle, and its manoeuvre through these tumultuous crypto waves promises to be intriguing.

TRON is available on a wide variety of exchanges. I guess that's an advantage it has among its more popular counterparts (except ETH). It's fast and cheap to use for day-to-day payments. Sometimes transactions are FREE if you have enough TRON Power accumulated in your wallet. If developers start building quality dApps on TRON, it would've surpassed Solana and BNB already. But everyone's focused on the big players because of the hype.

As a matter of fact, competing chains are much more innovative than TRON itself. Fortunately, not all hope is lost. The TRON blockchain is open source, so it's easy enough to improve or build a new project (fork) out of it. As long as decentralization is put first, there should be nothing to worry about. Just my opinion

Lamkuthang

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Quote from: Abiky on May 30, 2023, 11:30:17 AM

If things keep going south for TRON, then TRX would become another Dogecoin in the future. At least, TRX has high trading activity. As long as it's backed by exchanges, there should be nothing to worry about. Just my opinion

My view It is impossible to definitively predict whether Tron will be able to achieve the same level of success as Dogecoin or ADA or will it fade away over time. Yes. because The crypto market is very volatile, and the fate of any coin depends on many complex variables.

I'm not denying, Tron is an established coin that continues to have a presence in the crypto space also Tron offers features such as reduced transaction fees and fast transactions, similar to those provided by Dogecoin and Cardano. However, the future of TRX is uncertain and depends on many factors. The future of Tron will be influenced by factors such as adoption, scalability, regulatory developments and community support.

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Quote from: Abiky on June 27, 2023, 07:50:32 AM

Quote from: OcTradism on June 25, 2023, 07:50:27 AM

Justin Sun and his team tried to build an algorithmic stable coin like Terra with LUNA and UST. With same technical structure, I feel bit red flag for TRON in future. After the attack and death spiral on LUNA and UST, TRON and USDD were attacked too. Fortunately Justin Sun is rich and the marketcap of USDD was small so he can help to protect the stablecoin peg. I am unsure that in future when TRON and USDD become bigger in marketcap, what will happen with them.

USDD is just another clone of UST (Terra/LUNA's failed stablecoin). Justin Sun literally copies other projects' ideas and tries to bring it to the TRON blockchain. There's no originality or innovation here. I guess that's why demand for TRX is so low compared to other cryptocurrencies being traded across exchanges today. The TRON blockchain is fast and cheap for daily payments, but other chains have better features and dApps that are true quality.

TRON's own algorithmic stablecoin (USDD) might fail in the future if TRX dumps real hard. It's "miracle" TRON is still alive after the rise of other smart contract Blockchains. If trading for TRX continues, it may last for quite some time. Who knows what the future holds for the project? Just my opinion

A scarcity of fresh features can slow a project, especially in the breakneck blockchain world. While TRON has speedy, affordable transactions up its sleeve, it doesnt stand tall against blockchains with standout features. It’s like perpetually chasing, but never outpacing.

Your speculation of USDD's risk if TRX tumbles drastically is a fair worry. It’s curious that TRON endures, even when eclipsed by superior smart contract blockchains. TRON's journey forward is a riddle, and its manoeuvre through these tumultuous crypto waves promises to be intriguing.

Abiky

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Quote from: OcTradism on June 25, 2023, 07:50:27 AM

Justin Sun and his team tried to build an algorithmic stable coin like Terra with LUNA and UST. With same technical structure, I feel bit red flag for TRON in future. After the attack and death spiral on LUNA and UST, TRON and USDD were attacked too. Fortunately Justin Sun is rich and the marketcap of USDD was small so he can help to protect the stablecoin peg. I am unsure that in future when TRON and USDD become bigger in marketcap, what will happen with them.

USDD is just another clone of UST (Terra/LUNA's failed stablecoin). Justin Sun literally copies other projects' ideas and tries to bring it to the TRON blockchain. There's no originality or innovation here. I guess that's why demand for TRX is so low compared to other cryptocurrencies being traded across exchanges today. The TRON blockchain is fast and cheap for daily payments, but other chains have better features and dApps that are true quality.

TRON's own algorithmic stablecoin (USDD) might fail in the future if TRX dumps real hard. It's "miracle" TRON is still alive after the rise of other smart contract Blockchains. If trading for TRX continues, it may last for quite some time. Who knows what the future holds for the project? Just my opinion

EmpoEX

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How this could be the next Doge?
Each time Elon Mask tweeted about dogecoin, it pumps!
Each time Justin sun tweeted about TRX, it dumps!

TastyChillySauce00

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Quote from: JasGrady on June 22, 2023, 05:08:18 AM

Tron has shown some notable achievements, such as its active development, a growing number of decentralized applications (DApps) built on its platform, and partnerships with companies in the entertainment industry. It has also gained attention for its acquisition of BitTorrent, a popular peer-to-peer file-sharing protocol.

Who the hecks are still using tron dapps right now? i thought that if it's only few people who keep active in using tron dapps and it has been known as non friendly blockchain for dapps developmend.

https://dappradar.com/rankings/protocol/tron?by=user&order=desc

Dappradar will tell you how many people active using tron dapps. Almost all of dapps have no users.

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Quote from: Leslie012 on November 27, 2021, 01:16:05 AM

Tron is exceptionally old coin, still has a place to beat coin in crypto field. It is intensely utilized to diminish exchange expense conjointly for quick transactions.
It has many comparative qualities that doge or ada has. Indeed i think it has everything to Attain victory like others do but it still moo by its cost.
So what do you think approximately this coin. It could have way better future like doge, ada? Or it'll be vanished with the stream of time?

Tron has the formula for success. A low transaction fee and quicker transaction. And with backward compatible with ERC-20 standard, there's nothing stopping developers to switch from Ethereum to Tron. Tron also has a sense of unified and competitive community with its freeze of tokens to get vote for super representative where users are rewarded for freezing their coins. A type of proof of stake earning. Tron could be one of the leader of next bull run.

masulum

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hmph..

Quote from: Abiky on June 25, 2023, 06:15:57 AM

If there's only one good thing TRON has, is the ability to make fast transactions at the fraction of the cost of other blockchain networks. USDT is very practical on the TRON blockchain. Other than that, the platform would be nothing but pure garbage. If USDT moves off the TRON blockchain, then you can say goodbye to the project for good. TRON is open source, so who knows if someone makes a fork which aims to improve on the past failures of the original project? Just my opinion

True, projects running on the Tron blockchain mostly been abandoned projects and stable coins on Tron are a savior, but for me, when they redenominate BTT and SUN, they seem to forget their community. Since these 2 coins redenominated, I personally became worried about TRX, that's all. Not saying this project is bad, but I think i need to anticipate that too.

Forks are no longer part of TRX, they are part of the community. If a fork occurs, it means that the TRX community is dissatisfied with every decision and development from the TRX team. If it happen, I'm sure it will better than original.

OcTradism

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Quote from: Abiky on June 25, 2023, 06:15:57 AM

TRON's acquisition of BitTorrent was a huge failure. The BTT token hasn't been that popular since launch. I've tried seeding some torrents to earn BTT, but I've got nothing in return. It was a complete waste of my time. I could say TRON is merely focused on hype, instead of actually delivering a working product to the masses. Founder Justin Sun is known to shill TRX and SUN a lot through social media platforms. But it's all "buzz" compared to what utility/value these tokens bring to their holders.

That is one of their big failures butTRON itself is a good project and we can not deny that TRON network helped us to move USDT on TRC20 with cheaper transaction costs when transaction fees on USDT OMNI and USDT ERC20 were very expensive.

Quote

If there's only one good thing TRON has, is the ability to make fast transactions at the fraction of the cost of other blockchain networks. USDT is very practical on the TRON blockchain. Other than that, the platform would be nothing but pure garbage. If USDT moves off the TRON blockchain, then you can say goodbye to the project for good. TRON is open source, so who knows if someone makes a fork which aims to improve on the past failures of the original project? Just my opinion

Justin Sun and his team tried to build an algorithmic stable coin like Terra with LUNA and UST. With same technical structure, I feel bit red flag for TRON in future. After the attack and death spiral on LUNA and UST, TRON and USDD were attacked too. Fortunately Justin Sun is rich and the marketcap of USDD was small so he can help to protect the stablecoin peg. I am unsure that in future when TRON and USDD become bigger in marketcap, what will happen with them.

ningrum

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Doge will always be more than Tron, it shows because Doge really has very strong fundamentals compared to Tron,
I want to ask, have you ever seen bad news for Doge? yes, the answer is never! But for Tron,
of course they have a lot of bad news, so if you ask, will Tron outperform Doge? of course not.

Abiky

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Quote from: masulum on June 22, 2023, 05:47:16 AM

But, I'm worried about the decision made by Tron, we'll see what happened to the BTT and SUN coins, both of which have been redone, so they have more supply and lower prices. This is not the right move for Tron as the owner of the token token. Because the public is already dealing with SUN and BTT according to the initial supply and price, but they are experiencing redeployment. Although holders get coins according to the amount they hold, the large supply may be disappointing. What if later in the third phase it is Tron that undergoes redenomination?

TRON's acquisition of BitTorrent was a huge failure. The BTT token hasn't been that popular since launch. I've tried seeding some torrents to earn BTT, but I've got nothing in return. It was a complete waste of my time. I could say TRON is merely focused on hype, instead of actually delivering a working product to the masses. Founder Justin Sun is known to shill TRX and SUN a lot through social media platforms. But it's all "buzz" compared to what utility/value these tokens bring to their holders.

If there's only one good thing TRON has, is the ability to make fast transactions at the fraction of the cost of other blockchain networks. USDT is very practical on the TRON blockchain. Other than that, the platform would be nothing but pure garbage. If USDT moves off the TRON blockchain, then you can say goodbye to the project for good. TRON is open source, so who knows if someone makes a fork which aims to improve on the past failures of the original project? Just my opinion

kapalmabur

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I don't think so, because TRX is not a coin like Doge, Doge is in my opinion a decentralized coin without worrying about bad news,
but for TRX of course bad news about their project will make TRX dump and even rugpull like TerraLuna, Celsius or even FTT.
So choose a decentralized coin like Doge or Bitcoin.

masulum

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hmph..

Quote from: JasGrady on June 22, 2023, 05:08:18 AM

Tron has shown some notable achievements, such as its active development, a growing number of decentralized applications (DApps) built on its platform, and partnerships with companies in the entertainment industry. It has also gained attention for its acquisition of BitTorrent, a popular peer-to-peer file-sharing protocol.

But, I'm worried about the decision made by Tron, we'll see what happened to the BTT and SUN coins, both of which have been redone, so they have more supply and lower prices. This is not the right move for Tron as the owner of the token token. Because the public is already dealing with SUN and BTT according to the initial supply and price, but they are experiencing redeployment. Although holders get coins according to the amount they hold, the large supply may be disappointing. What if later in the third phase it is Tron that undergoes redenomination?

JasGrady

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Tron has shown some notable achievements, such as its active development, a growing number of decentralized applications (DApps) built on its platform, and partnerships with companies in the entertainment industry. It has also gained attention for its acquisition of BitTorrent, a popular peer-to-peer file-sharing protocol.

Xal0lex

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Quote from: Abiky on June 05, 2023, 04:30:32 PM

Quote from: Xal0lex on June 04, 2023, 01:05:23 PM

I disagree. Just because someone creates a token in the BSC blockchain does not mean they now have access to a token listing on Binance. These are 2 unrelated things. Imagine if that's how it worked. Binance would have long ago turned into a pancakeswap-level exchange with a flood of garbage from low-value projects. In my opinion, the choice of BSC for coin creators is due to the fact that the network is widespread and this chain is extremely popular in the cryptocommunity, and the commissions there are lower than in ETH.

Yeah. No prominent exchange wants to have a boatload of "shitcoins" on its platform. It would do more harm than good to its reputation. Binance will only select coins and/or tokens from BSC that are worth it. Usually those that will give the exchange lots of profit in the long run. For all of the "shitcoins", there's a DEX where you can trade them as you wish.

Binance has a venture capital arm, Binance Labs, through which they invest in various new projects. Surprisingly, not all tokens that receive investments from this division are listed on the Binance exchange. It would seem to be the easiest way for them to profit from their investments, but Binance does not always trade the coins whose investors they are.

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Quote from: Desmong on June 05, 2023, 05:06:16 PM

Tron is a good project that has good potential of going well in the market. We need to see some factors that had been making some project to have huge adoption and that is what I want the tin team to do so that the project would have great growth and make more holders millionaires. When the bull market comes, more of the projects like Tron would perform well in the market.

The trust we have in Bitcoin you cannot have the same trucks with this particular project because the project can terminate anytime so we cannot say that this project will have a good potential it will invest on with all hope so I believe what we are supposed to do is to at least check a good project and invest on and not condemning this particular Project because I know that since it has been long it is already to you well till now

Desmong

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Tron is a good project that has good potential of going well in the market. We need to see some factors that had been making some project to have huge adoption and that is what I want the tin team to do so that the project would have great growth and make more holders millionaires. When the bull market comes, more of the projects like Tron would perform well in the market.

Abiky

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Quote from: Xal0lex on June 04, 2023, 01:05:23 PM

I disagree. Just because someone creates a token in the BSC blockchain does not mean they now have access to a token listing on Binance. These are 2 unrelated things. Imagine if that's how it worked. Binance would have long ago turned into a pancakeswap-level exchange with a flood of garbage from low-value projects. In my opinion, the choice of BSC for coin creators is due to the fact that the network is widespread and this chain is extremely popular in the cryptocommunity, and the commissions there are lower than in ETH.

Yeah. No prominent exchange wants to have a boatload of "shitcoins" on its platform. It would do more harm than good to its reputation. Binance will only select coins and/or tokens from BSC that are worth it. Usually those that will give the exchange lots of profit in the long run. For all of the "shitcoins", there's a DEX where you can trade them as you wish.

One thing for sure is that TRX is a lot faster and cheaper to use than BSC. It's probably because TRX is less popular than its competitor. We should take advantage of both platforms to grow our money in the long run. I don't think TRON will disappear just like that, especially when it's listed in a lot of exchanges. It's open source, so it could easily adapt to the latest trends in the crypto/Blockchain space. Maybe it will live alongside BSC and TRX for generations? Just my thoughts Grin

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Quote from: Abiky on May 31, 2023, 10:55:16 AM

Quote from: Xal0lex on May 30, 2023, 01:15:03 PM

USDC is also actively represented in the TRON network, and has been for quite some time. Only it has not had much effect on the growth of TRON itself. Maybe because USDC is not as popular for simple transfers as USDT? Although on DEXs USDC is also popular in various swaps. Competing networks are better, I agree, but there's obviously not less garbage there, especially in BSC network, where the number of scam tokens is fantastic, probably a record among all networks for the last 2 years.

I wasn't aware of that. It's nice to know there are other stablecoin alternatives that makes the TRON blockchain useful. I agree with BSC having lots of scam tokens in its platform. It's a lot worse than TRON itself. I guess that's because the BSC platform is directly tied to Binance exchange. It makes scammers' life easier as they could sell their scam tokens directly on the exchange for profit.

I disagree. Just because someone creates a token in the BSC blockchain does not mean they now have access to a token listing on Binance. These are 2 unrelated things. Imagine if that's how it worked. Binance would have long ago turned into a pancakeswap-level exchange with a flood of garbage from low-value projects. In my opinion, the choice of BSC for coin creators is due to the fact that the network is widespread and this chain is extremely popular in the cryptocommunity, and the commissions there are lower than in ETH.

blockman

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Tron was also hated by many in the past but with its TRC20 integration, this has become one of the favorites of many in terms of stable coins.
They're able to make some use case for TRX because of its chain having USDT as well and that had made it even better.

Quote from: Abiky on May 31, 2023, 10:55:16 AM

Still, TRX is much cheaper and faster to use than BSC. It hasn't got much attention from scammers, probably because of its low market price. I'm fine with TRX just the way it is. As long as there are exchanges supporting it, nothing else matters. Wink

I'm also fine with it as of the moment based on how it has achieved the attention that those who like the USDT and having its own protocol/network that's quick and cheap. Btw, TRX has seen to increase its network fees as well.

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