Tron is now number 1 blockchain | Bitcointalksearch.org

X-ray

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Quote from: justdimin on July 12, 2024, 01:51:05 AM

USDT is the most used stablecoin in the cryptocurrency market, there is no doubt about that, but it doesn't mean that Tron is the most secure and successful blockchain right now. Besides, the fees for transacting USDT on Tron network aren't low, so you can't say it has low fees which might make it the best among the competition. I don't understand how you can compare a centralized cryptocurrency and chain with decentralized ones such as the Bitcoin blockchain.

Tron might be good to some extent, but saying it is number one would be a bit too much, in my opinion. There are a lot of L2s these days in the market, and each one of them offer low transaction fees and quick transaction confirmation times, I'm sure some of the new ones are even better than Tron.

even most of L2s are already having dirt cheap fee right now which make me thinks that even if TRON offer no fee for stablecoin transfer as proposed by justin sun already it makes no difference whatsoever.
the fee thing becomes irrelevant already.

here is the fee from ETH's L2 zksync for sending ERC20, the fee is really low that I think it's cheaper that TRON

so yeah I agree, this metric to determine TRON as best is invalid and holds no proof.

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I don't agree The Tron blockchain is still have the less competitive but I must say it's secure but we have better like BTC and for the largest community USDT is top, I had seen ton to go from 0.001$ to 0.1$ still if you look for the past some data trx is being the stable really well in the red market as well

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Quote from: Mrbuck on July 07, 2024, 12:30:12 PM

Tron now number 1
Because the use case and liquity options.
Second would be etherum but expensive gas fees and slow transactions.
Xlm is good ...but rarerly you can find for xlm usdt liquity.
If other blockchains don't improve then tron will be way ahead of them
I personally use tron because the USDT the usa reserve currency.
Right now eth and tron looking most serious blockchains but eth need to fix slow transactions and gas fees.
ABOUT solana Im not sure they have usdc but usdt is still main stablecoin for every people.

USDT is the most used stablecoin in the cryptocurrency market, there is no doubt about that, but it doesn't mean that Tron is the most secure and successful blockchain right now. Besides, the fees for transacting USDT on Tron network aren't low, so you can't say it has low fees which might make it the best among the competition. I don't understand how you can compare a centralized cryptocurrency and chain with decentralized ones such as the Bitcoin blockchain.

Tron might be good to some extent, but saying it is number one would be a bit too much, in my opinion. There are a lot of L2s these days in the market, and each one of them offer low transaction fees and quick transaction confirmation times, I'm sure some of the new ones are even better than Tron.

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I wouldn’t consider TRON #1 in anything except for stablecoin transfers. Centralized fiat coins have given TRON its only real use case. It is a low cost and fast network for these kinds of transactions. For many crypto users, decentralization and censorship resistance are far more important and don’t have a need for stablecoins or TRX.

TRON will continue being an option for those in unstable economies but it is not going to overtake Bitcoin or even Ethereum.

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This blockchain has several popular stablecoins, mainly because of those stablecoins, this blockchain is in a good position right now. We all know about TRC20 Platform stable Coins. We use USDT, we use USDC, but TRC20 platform coins are more popular worldwide. Their own blockchain and their specific coins have gained a lot of popularity worldwide, which is why this blockchain is now in the number one position.

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Using tron network would be cheaper if you have more bandwidth and energy. When you are out of it, you are paying much higher for network fees than many of L1 and L2 network. The withdrawal fees for USDT on Tron used to be the the cheapest withdrawal option from centralized exchanges but at the moment if you compared the fees, Tron USDT is no more the cheapest. The Tron ecosystem and tokens, dexea and defis in it never got too popular and their use are on decline. Once you fail to capitalize your headstart, you keep falling back.

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Quote from: Mrbuck on July 07, 2024, 12:30:12 PM

Tron now number 1
Because the use case and liquity options.

Where's the source?

Quote from: Mrbuck on July 07, 2024, 12:30:12 PM

Second would be etherum but expensive gas fees and slow transactions.

While I'd agree with that but let's talk about the number 1 why tron?

Quote from: Mrbuck on July 07, 2024, 12:30:12 PM

If other blockchains don't improve then tron will be way ahead of them
I personally use tron because the USDT the usa reserve currency.
Right now eth and tron looking most serious blockchains but eth need to fix slow transactions and gas fees.
ABOUT solana Im not sure they have usdc but usdt is still main stablecoin for every people.

I have also used tron but I don't think that they're number one, BSC is even cheaper with that based on my experience and #1 to be said remains to be Bitcoin, blockchain and crypto.

bangjoe

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I don't know what kind of parameters are used to measure it, and saying that Tron is the number 1 blockchain, we need to look at a fair indicator to measure a network and blockchain, whether it's in terms of price or in terms of volume, or in terms of speed and things that make a blockchain categorized as a leading blockchain and become number 1.

We have alternative blockchains with their own advantages, and where do you look to conclude all that?

re-start

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Do you really think Tron is #1? In my opinion, Tron is far from the "number 1 blockchain" and has to beat tough competitors. Although Tron offers great benefits to its users, it needs to do a lot of work in network development and platform improvement. So, let's just say "Tron isn't the number 1 blockchain".

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Quote from: malcovi2 on July 08, 2024, 12:37:06 AM

If Tron is a #1 blockchain then why was its DEX barely making volumes.
Trontrade I remember them being the most used dex on the Tron blockchain but they have to seize their operations because it's barely making any profit.

What about other leading blockchains or altcoins? Even them, their DEXe's and other decentralized services have a lesser demand than their centralized programs. There must be something about it, than can't be found on their decentralized counterparts. It's funny because people are complaining about KYC and regulations when they are the ones who embraced it, and crypto are supposed to push decentralization but people likes the other way around.

There might only be less demand on the DEX but if there are more demand on CEX, that can still count for them to be called as the leading blockchain. I only don't know if it's true that Tron is now the leading but I think it's also true because its fees are only cheap and transaction on it are fast.

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Tron does have a very extraordinary network where access is very fast and gas costs are very low, but to be number 1 I think Tron is not yet feasible, because there are still so many things that need to be improved on their platform, I think for now The Tron blockchain is still less competitive than the TON network which is still relatively new in crypto. I think from the past until now there has not been a single blockchain that can match Bitcoin's popularity in any way.

malcovi2

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If Tron is a #1 blockchain then why was its DEX barely making volumes.
Trontrade I remember them being the most used dex on the Tron blockchain but they have to seize their operations because it's barely making any profit.

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Quote from: Mrbuck on July 07, 2024, 12:30:12 PM

Tron now number 1
Because the use case and liquity options.

tron indeed being used frequently for stablecoin transaction because the fee is quite low, but as far as I know the use case isn't really great, the reason ethereum have so crowded blockchain because there are actually people that utilized the smart contract to build various projects where tron in this case is nowhere near ethereum.
but if we are talking about the gas, then I guess fair point.

also why compare it to XLM, this coin isn't even in trending in this whole bullrun no point comparing this coin to anything.
I think tron more suited to be compared with BNB where its BSC is having really low fee comparable to tron as well as having good defis worth billions.

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Quote from: X-ray on July 07, 2024, 09:35:32 PM

as I've seen most of people using TRON for the stablecoin transfer, it excels only in that, but TON come up with its free fee stablecoin sending and beat TRON in no time now TRON is doing the same thing that TON is doing Grin

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Too early to say that TON beat any chain in any metric because it's just too early. People are automatically making conclusions based on the Telegram advantage alone, but there is no proof that these Telegram users are going to use TON defi.

Quote from: X-ray on July 07, 2024, 09:35:32 PM

so really nothing special about TRON not even deserve to be crowned as number 1 blockchain in my opinion.

Tron's heavy usage is just temporary — pretty much just a first-mover advantage for low-fee fast-tx chains.

Psynthax

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Nah brother, you're just shilling and the shill isn't even reasonable, TRON defeated by other chains in TPS, TVL, and FEE, tron fee is not even a cheap fee anymore.
many exchanges using fixed rate for transferring stablecoin using TRON at $1.5 while ETH's L2 and BSC only $0.5 - $1 which means TRON is inferior here.

speaking statistically TRON blockchain is not as good as you described.

X-ray

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as I've seen most of people using TRON for the stablecoin transfer, it excels only in that, but TON come up with its free fee stablecoin sending and beat TRON in no time now TRON is doing the same thing that TON is doing Grin

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literally this blockchain is just copying other blockchain's strategy and innovation, that's it. can't really say it's number 1 blockchain if what its doing is literally just copying LOL Grin

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so really nothing special about TRON not even deserve to be crowned as number 1 blockchain in my opinion.

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OP, what are the metrics behind your rankings? Or it's all based on your personal bias? The reason TRON blockchain hasn't gone away yet is because it's super cheap there to make transactions with USDT over there than it is on ethereum Mainnet. There was a time when there only few networks supported USDT transfers and what tron did was to make it dirt cheap to move USDT around. I see TON doing something similar now (currently cost $0 to move USDT around on TON).

XLM? Who still uses that chain? Stellar Lumens may have been good back in the day but it has no place on the top blockchains / ecosystems right now. Fell too hard down. They tried to bring it back with their smart contract feature last year. I don't know if they managed to pull it off.

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