Review on TRON by Kyle Sting
Tron - Utility Driven Crypto Currency
Tron is the crypto currency that fuels the Tron blockchain. Tron has a very strong community despite constant shill by haters and is constantly improving. Tron runs on a delegated proof of stake (DPOS) system and is led by Justin Sun bringing unique advantages and disadvantages compared to other consensus algorithms.
Tron solves major issuers existing on other mainstream currencies like Eth and Bitcoin, such as high transaction fees during times of congestion and slow transactions. Tron is capable of executing transactions completely free, great speeds and users get rewarded for participating in the ecosystem by voting.
While Tron and its underlying projects haven't been the most profitable crypto currencies, they certainly deserve recognition for the utility they bring to the table. Trons motives are evidently functionality driven and the price will reflect this as the ecosystem develops.
In conclusion tron has its advantages and disadvantages in the crypto space giving it a niche market share and potential to scale over the long term.
Pros
- Free transactions
- Simple to use
- Earn rewards for participating in the ecosystem voting
- Has some of the best dividend tokens iv seen in the crypto space
- Extremely efficient an convenient when other chains are congested
Cons
- Votes can easily be bought to influence the direction of the chain
- The project is more centralized than most chains using a DPOS system
- The creator Justin Sun has some baggage that's hard to brush off which hurts the chains reputation
- Tron is an inflationary coin
