Review on TRON by Ayu Anggraini
Short review about Tron
This project has a strong fundamental because of the founder background. He is Justin Sun. He worked for two years as the chief representative and advisor to Ripple Labs. He also one of the youngest milenial in Hupan University by Jack Ma.
He is a founder of Peiwo, a very popular streaming app which has 1.8 million user and become the first streaming app that accept crypto.
Tron purpose is to create decentralized entertainment ecosystem based on blockchain. Every content creator will have control over their own content and get reward based on the result of their efforts. Rewards are distributed equally to content creator and participants in Tron platform.
Tronix (TRX) is the official currency of TRON, what i like the most about it, if you try to send money through crypto TRX, fee is cheap and it is fast. Tron claims to be able to do 2000 TPS (transaction per second)
Tron is really aggresive to promote their platform beside the statement of Ex co founder that Tron is deemed increasingly centralized, Tron Foundation, the publisher of crypto TRX, officially acquires a blockchain-based application provider company, CoinPlay. And in addition, acquires a BitTorrentBlockchain peer-to-peer file sharing company and lately the Founder, Justin bought arround 70 million STEEMIT. This movement proves that Justin and team is really serious on developing his platform.
Although I think its functions and benefits are not yet widely known because Based on data there are only 24.98% active network users, not to mention that 86% of TRX volume is handled by decentralized gambling applications..
Price of Tron in ICO was only 20 satoshis and in the peak reached over 2000 satoshis which is amazing.
Pros
- focuses on the goal of building a free content decentralized entertainment ecosystem
- Fully decentralized infrastucture
Cons
- Founder make too much HYPE and controversy
- Large supply
- Created to compete ethereum
