TRON, a blockchain platform known for its high throughput and low fees, has the potential to significantly impact the payment landscape. Its fast transaction processing and scalability make it an attractive option for businesses looking to streamline payment processes. Additionally, TRON's focus on decentralization and accessibility aligns with the principles of many cryptocurrency enthusiasts. How do you see TRON's role in shaping the future of payments? Share your thoughts and insights below!
Trons founder Justin sun has a mixed reputation throughout the industry. I agree with your statement about Tron's being fast and cheap with its scalable infrastructure. But why aren't many projects coming from that blockchain? Tron was supposed to lead the gaming industry but that didn't happen. Justin suns approach to manipulating the market by using his own token as collateral and mint stable coin in the tron blockchain gives him bad images. His stablecoin projects are not very transparent about their proof of reserve and i am not sure how he is managing SEC but i think there will be lawsuits against him in the future.
It's true that TRON's founder, Justin Sun, has a mixed reputation, and the scalability of TRON is commendable. However, TRON's impact on the payment landscape hasn't been as significant as some expected, especially in gaming. Justin Sun's market manipulation tactics and lack of transparency in stablecoin projects are concerning, and legal issues may arise in the future. TRON needs more development and transparency to fulfill its potential in the payment space.
Without a doubt TRON could have been the most sought after crypto currency had it not been for the Justin Sun and it's team as a whole and they literally stopped enhancing the project because of which they cannot keep upto date in this crypto rat race, TRON could have become a picaso for payment based crypto network but the team decided to let it go by not developing it further and I bet we cannot find any other crypto currency with such speed and low fees not even XRP, TRON was pegged to replace Ethereum and it would have done had it scaled up, I think TRON still stands a chance to make a comeback as there it's already most preferred payment transfer network and but the reputation which was ruined by Justin is something which is not easy to recover and I would like to see TRON excelling once again.
I understand your concerns about TRON's development and potential impact on the payment landscape. While TRON did have the potential to become a prominent payment-based crypto network, it faced challenges in its development and reputation. I share your hope that TRON can make a comeback and excel in the future, but its past issues need to be addressed for this to happen. It's essential to see positive changes and renewed commitment from the TRON team to regain trust and competitiveness in the crypto space.