Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => TRON (TRX) Forum + Ecosystem => Topic started by: jonathancool220 on December 20, 2020, 01:53:25 PM
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We cannot deny that Binance is able to attract everyone because of its rapid development in creating a platform in various crytpocurencies.
Starting from centralized Exchange development, non-centralized Exchange, Smart contracts, cooperation with local banks in various worlds, etc.
And even Binance was able to create a Binance Smartchain capable of being on the Ethereum network for BNB coins.
My question is, is TRON capable of creating a Tron Smartchain like Binance ??
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My question is, is TRON capable of creating a Tron Smartchain like Binance ??
I don't think TRON has been able to create a Smartchain like Binance because creating a Smartchain requires detailed testing power for its development.
Binance already has a lot of money so he wanted to create a Smartchain so that it could create something different from the others.
I think money can change everything, just like Binance is currently in the cryptocurrency world.
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We all know that Binans is the most popular exchange. The Binance Exchange has gotten into almost everything. You are right in saying that centralized exchanges are starting to develop, starting non-centralized exchanges and collaborating with various banking sites.
For this reason, there is no end to the gratitude towards the exchange.
Since then TRON has been able to add smart chains like Binance albeit somewhat, despite being new.
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TRON is a decentralized platform with its own protocols, blockchain explorer and cryptocurrency, designed to handle any sudden spikes in users and transactions. It was mainly designed to build truly decentralized peer-to-peer media networks all over the world. Tronix (TRX) is the cryptocurrency of the TRON network.
source (https://www.somish.com/blockchain/tron-development/)
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My question is, is TRON capable of creating a Tron Smartchain like Binance ??
I don't think TRON has been able to create a Smartchain like Binance because creating a Smartchain requires detailed testing power for its development.
Binance already has a lot of money so he wanted to create a Smartchain so that it could create something different from the others.
I think money can change everything, just like Binance is currently in the cryptocurrency world.
Right, Binance can do it as they have enough funds, developers and top popularity than TRON. But TRON support smart contract. By using this smart contract, new tokens can be created at any time by new project developers.
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We cannot deny that Binance is able to attract everyone because of its rapid development in creating a platform in various crytpocurencies.
Starting from centralized Exchange development, non-centralized Exchange, Smart contracts, cooperation with local banks in various worlds, etc.
And even Binance was able to create a Binance Smartchain capable of being on the Ethereum network for BNB coins.
My question is, is TRON capable of creating a Tron Smartchain like Binance ??
I believe that nothing is impossible for the throne, but first of all everything will depend on the team to the developer and on the plans for the implementation of their ideas. One way or another, Binansa strives to be a universal and balanced exchange, thanks to which it tries to attract as many users as possible by creating new products linking them with other platforms. But ideally, Tron is an individual project that has its own development goals and the team is unlikely to develop the Tron in a different direction.
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I don't know anything about recently Tron development announcement . But may be Tron have no updates announcements regarding website, new contract and platforms updation.
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Looks like TRON hasn't been able to create the same thing as Binance.
The reason is that Binance and TRON clearly have very different visions and missions, even though both coins were born in 2017.
Justin Sun is still losing fast to Changpeng Zhao, because Binance is one step ahead of TRON.
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But TRON support smart contract. By using this smart contract, new tokens can be created at any time by new project developers.
Hii bro, did you miss something?
If you haven't missed the moment when the Binance Smart Chain (BSC) was created, then you already know Smartcontracts.
Pancakeswap, Bakeryswap, USDC, USDT , FDUSD , etc are all now on the Binance Smart Chain (BSC) network using Smartcontracts.
This good moment has been released by Binance by creating a new Ethereum Virtual Machine (EVM) network, namely Binance Smart Chain (BSC).
It's very different from TRON which still relies on the TRC20 network and until now I haven't heard that TRON is developing an Ethereum Virtual Machine (EVM), or maybe it used to be based on the Ethereum network so Justin Sun doesn't want to go back to the old system. LOL
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We cannot deny that Binance is able to attract everyone because of its rapid development in creating a platform in various crytpocurencies.
Starting from centralized Exchange development, non-centralized Exchange, Smart contracts, cooperation with local banks in various worlds, etc.
And even Binance was able to create a Binance Smartchain capable of being on the Ethereum network for BNB coins.
My question is, is TRON capable of creating a Tron Smartchain like Binance ??
I think we all know, BNB is binance coin which has reputable and big exchange.
I don't think TRON will be the same like finance, but In my mind TRON is alternate smart contract platform below binance.
BNB not like Ethereum, So I think we can say TRON won't be like BNB.
Every project have a unique character.
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Every project have a unique character.
All projects in cryptocurrency definitely have differences and have unique characters and this is what TRON is currently developing.
If Ethereum has an ERC20 blockchain, Binance has BEP20 Binance Smart Chain and TRON has TRC20 which is not compatible with the Ethereum Virtual Machine (EVM).
And so far TRON has been characterized by various TRC20 tokens and DEX exchanges that are easy to understand, but unfortunately I haven't seen such significant changes in the development of the TRON coin until now, that's why I created this topic. ;D
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1. The team is small;
2. Small amount of investment;
3. Small amount of action, but a large amount of manipulation. Which do not lead to anything.
4. Little interest among the users.
This is the first thing that came to mind. Catching up (or overtaking) Binance in my opinion is impossible. The tasks and goals are completely different. It is alas impossible to solve the above problems in current situations.
P.S. I'm not imposing my thoughts. A specific answer, to a specific question.
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This is the first thing that came to mind. Catching up (or overtaking) Binance in my opinion is impossible. The tasks and goals are completely different. It is alas impossible to solve the above problems in current situations.
I also just ask in this forum using this topic as a tool to start a conversation.
I still remember TRON when it acquired Poloniex so that TRON could have a Centralized Exchange (CEX).
But it is not strong enough to match the strength of Binance, perhaps the TRON core team can only do a little to advance the TRON coin.
Moreover, now Justin Sun has not provided more accurate information about the latest development of the TRON coin, this concrete evidence matches what you think, what a shame!
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I also just ask in this forum using this topic as a tool to start a conversation.
I still remember TRON when it acquired Poloniex so that TRON could have a Centralized Exchange (CEX).
But it is not strong enough to match the strength of Binance, perhaps the TRON core team can only do a little to advance the TRON coin.
Moreover, now Justin Sun has not provided more accurate information about the latest development of the TRON coin, this concrete evidence matches what you think, what a shame!
I honestly don't get it, why are we comparing Tron to Binance?
Above the man correctly noted that binance is impossible to catch up or overtake, and in fact how can you compare the exchange and the project?
I think tron is very strong especially in terms of manipulation and this is favorable to us )
It is correct to compare Tron with the project Ripple, where they also use manipulation to grow and promote themselves.
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I honestly don't get it, why are we comparing Tron to Binance?
Above the man correctly noted that binance is impossible to catch up or overtake, and in fact how can you compare the exchange and the project?
I think tron is very strong especially in terms of manipulation and this is favorable to us )
It is correct to compare Tron with the project Ripple, where they also use manipulation to grow and promote themselves.
It's not right to compare Binance with coins like TRON. Maybe what OP means is BNB or Binance smart chain with TRON. OP asked whether TRON can create a smart platform? It looks like it can be done if the #DevelopmentTeam is capable. but so far what I have seen there is no direction there.
I also agree with you, better to compare XRP to TRX. which is more potential?
I think ripple is better than TRON.
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I honestly don't get it, why are we comparing Tron to Binance?
Above the man correctly noted that binance is impossible to catch up or overtake, and in fact how can you compare the exchange and the project?
I think tron is very strong especially in terms of manipulation and this is favorable to us )
It is correct to compare Tron with the project Ripple, where they also use manipulation to grow and promote themselves.
It's not right to compare Binance with coins like TRON. Maybe what OP means is BNB or Binance smart chain with TRON. OP asked whether TRON can create a smart platform? It looks like it can be done if the #DevelopmentTeam is capable. but so far what I have seen there is no direction there.
I also agree with you, better to compare XRP to TRX. which is more potential?
I think ripple is better than TRON.
Maybe so, Ripple has already shown us many times strong pumps charts, let's see what it will show this time, but I will not buy this coin as I consider it the greatest scam))) this is of course my prejudice and not financial advice.
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Maybe so, Ripple has already shown us many times strong pumps charts, let's see what it will show this time, but I will not buy this coin as I consider it the greatest scam))) this is of course my prejudice and not financial advice.
I think everyone has their own considerations. I agree with you. Several Times Ripple had problems. I have the ripples but not much.
My biggest assets are in Bitcoin, BNB and SOL. My TRX has it in my wallet, but not much. Just for hold.
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I don't see the development of TRX project, I think if their team don't have good improvement TRX will be leaved by many investors. It's just my opinion about this coin , maybe other can share if there is development of TRX project.
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I don't see the development of TRX project, I think if their team don't have good improvement TRX will be leaved by many investors. It's just my opinion about this coin , maybe other can share if there is development of TRX project.
TRX will not be abandoned by its users because currently TRX is widely used by traders to send money using the Tron network which has cheaper costs and a fairly high transaction speed.
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I don't see the development of TRX project, I think if their team don't have good improvement TRX will be leaved by many investors. It's just my opinion about this coin , maybe other can share if there is development of TRX project.
TRX will not be abandoned by its users because currently TRX is widely used by traders to send money using the Tron network which has cheaper costs and a fairly high transaction speed.
I see that there are still many people using the TRON network, this is what makes TRX not be abandoned. but TRON devs also have to think, many competitors have advantages, so it could become an alternative network besides TRC20
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I see that there are still many people using the TRON network, this is what makes TRX not be abandoned. but TRON devs also have to think, many competitors have advantages, so it could become an alternative network besides TRC20
Of course, the TRON network (TRC20) is still widely used because Tron is an alternative payment that is easy to make with fairly cheap transaction fees, so many whales and other traders use Tron to carry out transactions between exchanges.
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I see that there are still many people using the TRON network, this is what makes TRX not be abandoned. but TRON devs also have to think, many competitors have advantages, so it could become an alternative network besides TRC20
Of course, the TRON network (TRC20) is still widely used because Tron is an alternative payment that is easy to make with fairly cheap transaction fees, so many whales and other traders use Tron to carry out transactions between exchanges.
Yes, as I said, low costs for transactions will always be looked at and used by investors. Tron is one of them. I always use Tron for transactions, apart from being safe and cheap, the transaction speed is also good.