See More CryptosHome

TRX

TRON

Show Trading View Graph

Mentions (24Hr)

1

0.00% Today

Reddit Posts

r/CryptoCurrencySee Post

How Justin Sun used his TRX and BTT coins to exploit and Rugpull and already Rugpulled and desperate FTX customers.

r/CryptoCurrencySee Post

How Top 10 Crypto of 2022 Performed in 2023

r/CryptoCurrencySee Post

Crypto Bounty Hunting - Chasing the Tron Scammers

r/CryptoCurrencySee Post

Ukraine seizes $1.5m in crypto from former official

r/CryptoCurrencySee Post

cheapest widely used blockchain that can transfer USDT?

r/CryptoCurrencySee Post

Lost Crypto Dilemma: Any Solutions or Tips on Recovering Misdirected Funds?

r/CryptoCurrencySee Post

Exactly one year ago, FTX filed for bankruptcy after FTT collapsed. Customer funds gone, their data stolen, FTT deployer rugged, (alleged) huge price manipulation by Justin Sun, "FTX is fine" tweet etc. Bitcoin's price had crashed to $16k. But Bitcoin is now 130% higher

r/CryptoCurrencySee Post

Question about Cryptocurrency

r/CryptoMarketsSee Post

Convert to BTC right now from alternative positions

r/CryptoCurrencySee Post

I have an issue purchasing TRON. PLS HELP!

r/CryptoCurrencySee Post

I put money into a mining pool twice and the money from the first time disappeared.

r/CryptoCurrencySee Post

An Online Sleuth Exposes Cryptos Used For Drug Trade | TRX Being One of Them | The Surprising Part is Ethereum Too

r/CryptoCurrencySee Post

Question to Crypto-Lover : Bridge - wallet for TRX network

r/CryptoCurrencySee Post

Lazarus Group Becomes TRON Whale After CoinEx Hack, Holding 137M TRX

r/CryptoCurrencySee Post

FTX claim based on TRXUSD trades after bankruptcy filing

r/CryptoCurrencySee Post

FTX claim based on TRXUSD trades after bankruptcy filing

r/CryptoCurrencySee Post

Justin Sun just released a marketing video about “hackers shorting Crypto“ and how he saves all of Crypto and then the TRX price goes up. This kind of marketing is certainly a red flag…

r/CryptoCurrencySee Post

Well I don't know much about TRX. I just have a gut feeling that maybe i can earn some profits and is thinking of investing in it. Should I ???(I am noob🥲)

r/CryptoCurrencySee Post

Possible problems on CryptoSpace

r/CryptoCurrencySee Post

Dogecoin (DOGE), Tron (TRX) and Polygon (MATIC) Could Get Rocked if FTX Liquidates Holdings: Analytics Firm

r/CryptoCurrencySee Post

Hong Kong-based crypto exchange CoinEx hacked for $31 million; hackers steal ETH, TRX, MATIC

r/CryptoCurrencySee Post

TRON founder Justin Sun plans to buy the TRX that FTX is holding after the court approves the liquidation plan.

r/CryptoCurrencySee Post

If there ever is a USDT collapse, you will not escape it even if you don't use USDT.

r/CryptoCurrencySee Post

Crypto Price Analysis Sep-08: ETH, XRP, ADA, SHIB, and TRX

r/CryptoCurrencySee Post

Are All Rewards Assets?

r/CryptoCurrencySee Post

I was invited to a smart contract on TronLink Pro wallet to receive 3% of my USDT as profit.

r/CryptoCurrencySee Post

Future of Chinese Cryptocurrencies: A Look at NEO, FIL, VET, TRX, ONT

r/CryptoCurrencySee Post

LibertyUkraine

r/CryptoCurrencySee Post

Famous companies and crypto partnerships

r/CryptoMoonShotsSee Post

Tectum Blockchain and SoftNote | TET

r/CryptoMoonShotsSee Post

Tectum Blockchain and SoftNote

r/CryptoMoonShotsSee Post

Tectum Blockchain and SoftNote

r/CryptoCurrencySee Post

Crypto influencer "Soulja Boy" ordered to pay $45,784 by the SEC for promoting Justin Sun's Tron and BitTorrent tokens

r/CryptoCurrencySee Post

Legit or scam

r/CryptoCurrencySee Post

TRX Migration Contract

r/CryptoCurrencySee Post

TRX Migration Contract

r/CryptoCurrencySee Post

Stake TRX on trust wallet problem

r/CryptoCurrencySee Post

365 Days Of Free Crypto (July 2023 Report)

r/CryptoCurrencySee Post

How did you get your start in Crypto?

r/CryptoCurrencySee Post

Can't withdraw USDT TRC20

r/CryptoCurrencySee Post

I bought 100 USD of 10 top token in December 2022

r/CryptoCurrencySee Post

365 Days of Free Crypto (June 2023 Report)

r/CryptoCurrencySee Post

Red Crypto Box (TRX)

r/CryptoCurrencySee Post

TRX.X : Tron Launches stUSDT, The First Real World Asset Token on the Network - STCK.PRO

r/CryptoCurrencySee Post

QUEST COIN TRX BASED COIN Quest is coin a coin under Elven. Elven project is huge project that in it, we have several coins one of them is Quest. The project was founded in 2021 and so far it enjoy prominence in Trx Blockchain and so far several listing companies have shown interest to work with Q

r/CryptoCurrencySee Post

Looking for a service that acts as a middleman that you send money to so they buy crypto for you.

r/CryptoCurrencySee Post

Atomic Wallet not only stole my entire savings, but removed my post about it

r/CryptoCurrencySee Post

Is TUSD a New Money Making Machine for Binance as $1 Billion just got Minted - Replacing BUSD. That's what FTX lacked.

r/CryptoCurrencySee Post

Is TUSD a New Money Making Machine for Binance as $1 Billion just got Minted - Replacing BUSD. That's what FTX lacked.

r/CryptoCurrencySee Post

Сrypto contest

r/CryptoCurrencySee Post

How is Tron the 9th biggest cryptocurrency?!

r/CryptoCurrencySee Post

Trapped Funds in Atomic Wallet

r/CryptoCurrencySee Post

Atomic Wallet: Exchange Tether(TRX) Not Working

r/CryptoCurrencySee Post

Tron (TRX) Achieves Full Accessibility on Ethereum Network

r/CryptoCurrencySee Post

Atomic wallet mass hack

r/CryptoCurrencySee Post

I am used to paying with crypto for tech stuff and now i have to use Virtual Visa and it is very complicated here !

r/CryptoCurrencySee Post

Proof of Stake vs Delegated PoS

r/CryptoCurrencySee Post

Making the most out of TRON crypto currency

r/CryptoCurrencySee Post

What Coins in the Top 200 will decline short term?

r/CryptoCurrencySee Post

How Can I Convert My Coins? Bittrex US Frozen for Trading

r/CryptoCurrencySee Post

Who Has Endorsed Cryptocurrencies and NFTs..

r/CryptoCurrencySee Post

Crypto Market Prices are heavily beholden to the goodwill and ethics of exchanges, which basically means some significant amount of it is indirectly affected by supply and trade manipulation

r/CryptoCurrencySee Post

TRX is probably only as relevant as it is because of how cheap fees are. Otherwise it's mostly trash like everything Justin Sun touches

r/CryptoCurrencySee Post

TRX has become a literal Ponzi scheme, and is following a hybrid playbook from SBF, Clesius and Do Kwon. I still see people talk about this like it's a regular shitcoin, it's not. Since USDD was launched in 2022 it's become a direct scam.

r/CryptoCurrencySee Post

Binance.US Will Delist Spell (SPELL) & TRON (TRX) on April 18, 2023

r/CryptoMarketsSee Post

Binance US To Delist Justin Sun’s Tron (TRX)

r/CryptoCurrencySee Post

Binance.US Delists Tron Citing Regulatory Standing, TRX Tanks by 5%

r/CryptoCurrencySee Post

Binance.US Delists Tron Citing Regulatory Standing, TRX Tanks by 5%

r/CryptoCurrencySee Post

TRON Loses Steam As Binance Announces TRX Delisting After Justin Sun Controversy

r/CryptoCurrencySee Post

Binance.US plans to delist TRON (TRX)

r/CryptoCurrencySee Post

Tron’s TRX Down 6% as Binance.US Delists Token

r/CryptoCurrencySee Post

Justin Sun arrested in Hong Kong

r/CryptoCurrencySee Post

No, Jake Paul did NOT make more profits than he paid in fines. He made $25k and had to pay a fine of $100k.

r/CryptoCurrencySee Post

Tron (TRX) Founder Justin Sun Wants To Buy Over $1,144,000,000 in Bitcoin Held by US Government

r/CryptoMarketsSee Post

TRX Crypto: A Rising Star in the Decentralized Web

r/CryptoCurrencySee Post

Tron (TRX) Founder Justin Sun Announces Plans To Return to Crypto World As Regulator

r/CryptoCurrencySee Post

That one time in 2021 when Lindsay Lohan tried to convince everyone she organically got into crypto defi some how and praised Justin Sun for Tron, and his other tokens in a tweet

r/CryptoCurrencySee Post

Fate of TRX Amid SEC Crackdown on Tron

r/CryptoCurrencySee Post

The SEC vs Justin Sun (TRON) Explained

r/CryptoCurrencySee Post

Next bull run.

r/CryptoCurrencySee Post

The U.S. Securities and Exchange Commission (SEC) Is At War With Crypto

r/CryptoCurrencySee Post

According to the SEC, Emoji Contests are unregistered securities offerings

r/CryptoCurrencySee Post

TRX, HT, BTT Crashed After SEC Accused Justin Sun of Securities Fraud

r/CryptoCurrencySee Post

Finally! Regulators worldwide are cracking down on influencers pedalling scams/schemes. And the SEC charges Justin Sun with fraud involving Jake Paul, Lindsay Lohan and others in suit

r/CryptoCurrencySee Post

The SEC has charged eight celebrities for promoting Justin Sun's TRX and BTT tokens

r/CryptoMoonShotsSee Post

KITTEE (KTE) Merges Cryptocurrency and Meme Merch for a Lucrative, Fun Experience in Real World Meets Web3

r/CryptoCurrencySee Post

Crypto communities worshipping coin/token founders is as anti-crypto as it gets.

r/CryptoCurrencySee Post

$775M Tether Laundered by Staking TRX on Tron Blockchain: Global Ledger

r/CryptoCurrencySee Post

Tron TRX

r/CryptoCurrencySee Post

“TRX Will Be Accepted in China” – Justin Sun Makes Bold Claim

r/CryptoCurrencySee Post

Justin Sun Wants Tron’s TRX to be Adopted as Legal Tender in 5 Countries

r/CryptoCurrencySee Post

St Maarten adopts Tron as legal tender, here’s what to expect from TRX price

r/CryptoCurrencySee Post

Need help to understand transaction fees in Tron network

r/CryptoCurrencySee Post

Making a killing shorting TRX/BTC: How I took advantage of Justin Sun's antics

r/CryptoCurrencySee Post

Who are the heros and villains of crypto/this sub?

r/CryptoCurrencySee Post

Beware of Address Poisoning Scams

r/CryptoCurrencySee Post

Tron surpasses BSC in terms of TVL: Will this allow TRX to soar higher?

r/CryptoCurrencySee Post

TRON (TRX) Dethrones DOT and LTC in Market Capitalization

r/CryptoCurrencySee Post

Cryptocurrency

Mentions

WinTRX is a cryptocurrency trend betting platform similar to (BU)(coinryze)(777). Transaction data is connected to Bitcoin transactions in real time. Reward activity 1: 1% of the total transaction reward for the first level, 0.5% of the total transaction reward for the second level, and 0.3% of the total transaction reward for the third level. Reward activity 2: If the new user you invite joins and successfully recharges 10TRX, you will directly receive a reward of 5.88TRX. If you are interested, I will send you the information by telegram.

Mentions:#TRX

Feels like BNB or TRX are going to be the next big crash. Something not clean about them. Binance must be behind the majority of market manipulation. CZ, Do Kwon, Justin Sun must have known about each others shenenigans forever. It's like crypto can't mature as long there are shady guys like these behind it.

Mentions:#BNB#TRX

I received my salary for 7 years long in BTC and TRX.

Mentions:#BTC#TRX

You can convert TRX to USDT before withdraw. USDT has low transfer fee. Then you can convert it back to TRX. By the way, how do you know someone else withdraw your TRX? It requires verification like OTP, doesn't it?

Mentions:#TRX#USDT

Hey u/bmaaaaac, We definitely support TRX even for US residents. To confirm, you can view [all the cryptocurrencies we support here](https://support.kraken.com/hc/en-us/articles/360000678446-Cryptocurrencies-available-on-Kraken) (and the respective networks), and you can view [restrictions per country here](https://support.kraken.com/hc/en-us/articles/360001368823-Where-can-I-use-Kraken-). You should be good to go, my friend. Flora 🐙

Mentions:#TRX

TRX ... tron, 21 days.

Mentions:#TRX

Who tf is Pablo? I wouldn't consider tron and usdt to be in the same ball park. On metrics a lone, usdt is 10x bigger than tron MC (100b vs 10b). 24hr Volume ( 50b vs 355m). Justin started tron which was basicall trash in the beginning with a plagerised white paper. Been in numerous controversies and legal trouble. Eg Pushed sale of TRX tokens right before, and flew out of China the day of their ICO ban. (Believed CZ tipped him off) He basically got rich and skirted ramifications by being close to the binance Mafia. Tether is a lot more insidious/engrained into crypto sphere. Was a key/essential part of binance Mafia and those exchanges part of thems', success. Could go in a long winded rant about this but I won't. Regardless of their shadiness, they own billions in Bitcoin, and 72b in USA treasuries (which is more than countries like Mexico, Spain and UAE). It's clever because they're 1.filling a gap/need of us economy/govt to sell off bonds to private institution. 2. Makes it a lot harder to want to prosecute them/risk unraveling that house of cards. Tron could fail and market wouldn't collapse. If usdt failed, it'd be catastrophic to market. Full black winter/black swan eventm. Binance, gate.io, bitget, mexc, pionex, toobit,bybit, okx, kraken. All have udst volume ranging from 100mill-billions.

Mentions:#TRX#USA

It was a nightmare for me. But luckily I had $4 worth of TRX on Binance and transferred it to my Trust wallet and from there, I sent my funds back to Binance and then chose polygon and transferred it back to my Metamask.

Mentions:#TRX

Ok...first buy some Trx from any exchange and send it to your Trust wallet(approx $4 worth of TRX). Once you receive the Trx in your trust wallet, you can withdraw your USDT Trc20 to your Coinbase wallet by copying and pasting the USDT trc address. Then you can swap it to whatever coin you wish once it's on Coinbase.

Mentions:#TRX#USDT

This is silly. Even if it does fail eventually, SOL won’t fail this cycle. But as of right now, I’d say there’s a better chance of SOL passing ETH than there is of SOL falling to irrelevance like EOS or NEO. Honestly, that comparison is a little dumb. Besides, anyone with a working brain knew NEO and EOS were shitcoins. In even 2017, it was obvious. No one ever built on NEO, the “Ethereum of China” lol. EOS was the real joke though, raising money a million times and delivering nothing. Solana has nothing in common with those two, and very little in common with TRX or Cardano. It’s outperformed everything this cycle, and it probably flirts with $1000 bear the cycle top. Could it become irrelevant in the bear? I mean, yeah it’s possible. But I doubt it. Tron and ADA are a slightly different story. They’re dead as far as narrative goes, but the market cap isn’t.

Wow TRX sure has a lot of TVL 😊 It's all on like 4 DEXs all named after Justin 😔

Mentions:#TRX

#TRON Pro-Arguments Below is a TRON pro-argument written by a deleted user. > ##**PROs** > > **Disclaimer**: There is little reliable information about Tron that isn't from Tron DAO or Justin Sun interviews. The official [Tron DAO Medium](https://trondao.medium.com/) site doesn't provide links to sources in the blog, making it harder to fact check and analyze. Many of its sources are from Weibo posts that are inaccessible beyond the Great Firewall of China. Tron's documentation and community posts provide way less information than that of other major blockchain projects. Nevertheless, I'm make do with what I can get. > > ####**Performance and Consensus** > > **High throughput and fast finality** > > Blocks are produced every 3s with a max size of 2M bytes. Consensus is completed using DPoS with a fault tolerance of 70% (9/27) Super Respresentatives that act as validators. There are over 350 SR/validator candidates who vote on the 27 SRs each 6 hours. > > - **High Throughtput**: **Tron can reach a max throughput of 2600 TPS with full 2M blocks** and its current balance of actual transactions, which is really high for an EVM-compatible blockchain. > - My calculations used [Tronscan data](https://tronscan.org/#/blockchain/blocks): Basic TRX and token transfers use 250-500 Bandwidth. The current average bandwidth for each transaction is currently 298, which is not that much higher than the lower end for basic transactions. > - Each bandwidth is 0.850 bytes, so you can fit 7800 average transactions in a single 3s block. Tron officially claims that it can reach 2000 TPS, so they're giving a conservative estimate. > - Even filled with 350-550 bandwidth swaps for [SunswapV2Router02](https://tronscan.org/#/contract/TKzxdSv2FZKQrEqkKVgp5DcwEXBEKMg2Ax/transactions), that's 1400 TPS on the lower end. That's way faster swaps than [everything other than Algorand](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581). > - The tradeoff is that consensus is highly centralized (only 27 validators), and that the validators have very high requirements like having 32 CPU cores and 64GB of memory. > - In comparison, Ethereum's Layer 1 in comparison, can only do ~15 TPS average (59 TPS for basic transfers, 7 TPS for Uniswap v3 swaps). > - **Fast Finality in 3s**: All 27 SRs are currently playing friendly with each other, so for all practical purposes, finality is in 3 seconds. (Deterministic finality occurs every 27 blocks, or 81 seconds). > > **Network Energy usage** > > Tron's estimated annual energy usage for 2022 is estimated to be 1.7 kWh, or the **energy usage of [15 average US households](https://decrypt.co/108115/tron-network-energy-use-matches-that-of-15-us-households-ccri-report)**. This puts it slightly lower than the consumption of Avalanche, Algorand, Cardano, and Solana's networks. Its carbon footprint is also 4x lower than the others. And it uses 100000x less energy than Bitcoin. > > ####**Ease of Basic Utility** > > **Transaction fees are covered for FREE by freezing TRX** > > Tron has a unique design for transaction fees instead of using gas. Transactions fees are divided into bandwidth (pays for data bytes) and energy (pays for computations). All transactions require bandwidth while only contracts need energy. > > The benefit is that you get **FREE bandwidth and energy by freezing TRX**, a process similar to staking. You currently receive about 28 energy and 1 bandwidth daily [per frozen TRX](https://tronstation.io/calculator). Basic smart contracts use 350 Bandwidth (requires freezing 330 TRX) and 14.7K energy (requires staking 520 TRX). At current TRX prices, **if you freeze $2500 worth of TRX, you could perform 100 free basic transactions daily**. In addition, each account receives [1.5 kb of bandwidth daily](https://developers.tron.network/docs/resource-model) (originally 5 kb) for free even without freezing TRX, which is good for ~5 transactions. Though I suspect users can abuse this by creating new accounts. > > Any transaction fees in excess of the free energy and bandwidth are burned. This is why TRX is **currently deflationary by ~0.3% annually** (excluding burns for the USDD minting process). > > **Settlement layer for Tether** > > According to Blockchain's [Sep 2022 interview with Justin Sun](https://podcasts.apple.com/us/podcast/exploring-tron-with-justin-sun-and-blockchain-com/id1536699961), **the original purpose of Tron was to act as a stablecoin settlement network and reserve network for Tether** (USDT). Sure enough, the bulk of DeFi on Tron's network deal with stablecoins. As of Sep 2022, [45% of Tether is now held on Tron](https://defillama.com/stablecoin/tether). And with Ethereum transaction fees being so high, Tron has become an attractive platform for USDT dApps. > > ####**DeFi Usages** > > **Smart Contracts** > > Tron's VM (TVM) is EVM-compatible and uses Solidity for the smart contract language. It is also Turing-complete. Thus, it's simple to rewrite EVM contracts for TVM. > > - **Tron's [DeFi TVL is massive at $5.4B](https://defillama.com/chains), putting at 3rd place after Binance Smart Chain**. > - Though it is a bit suspicious though that 99% of Tron's DeFi TVL are on 3 projects that are literally named after Justin Sun, though that could just be because it's very new. In comparison, Ethereum's DeFi is spread over hundreds of dApps. > - Tron SUN's [Liquidity Pool](https://sun.io/#/home) provides very high interest for USDD-USDT pairs at 5-70% APY. Back in June-July, you could gain triple-digit APY on Tron DeFi with stablecoins while the governance rewards boosts were still active. > > ####**Sustainable Tokenomics for TRX** > > - TRX's tokenomics have a steady, permanent issuance for validators, so it's **sustainable**. All transaction fees are burned. This isn't too different than Ethereum's tokenomics model (other than that Ethereum only burns part of the fee). > - TRX has a total circulating supply of about 92B, which is noticeably lower than their highest supply of 102B before the TRX-to-USDD minting protocol. TRX suddenly became [deflationary on Oct 27, 2021](https://tronscan.org/#/data/stats2/circulation). Supply has fallen about 10% since then due to token burns, making **TRX one of the most deflationary cryptocurrency in the top 30**. > - If we ignore the token burns from USDD minting, each day, ~5M TRX is minted, ~6M is burned (from transaction fees). **This gives net issuance of 1M TRX burned daily, or 0.3% annual deflation.** > > **Good TRX price action during the bear market** > > Tron's native token, TRX, is currently #15 in marketcap as of Sept 2022 with a [marketcap of $6B](https://www.coingecko.com/en/coins/tron). Its value has held up surprisingly well during the bear market, barely falling 50% while the rest of cryptocurrencies fell closer to 70-90%. **TRX is up 2x vs Bitcoin over the past year** during the bear market, pumping especially hard right around the launch of USDD and introduction of major staking and governance boost projects. > > ####**USDD, a hybrid stablecoin without UST's flaws?** > > **USDD is a hybrid collateralized/algorithmic (seigniorage) stablecoin** launched in May 2022 on Tron's network. It is one of the biggest focuses on the Tron roadmap. It was originally designed as a purely-algorithmic stablecoin based on Terra's now-failed Luna and UST stablecoin. After the collapse of Luna UST, the Tron DAO Reserve (TDR) made several changes to USDD to avoid a similar failure: > > **Differences between UST and USDD** > > 1. The biggest difference is that USDD is 300% collateralized with 11B TRX, 14K BTC, 100M USDT, and 1M USDC [Source](https://usdd.io/). **This makes USDD one of the most collateralized stablecoins.** In comparison, DAI is only 120% collateralized, and USDT and USDC are only 100% collateralized. > 1. TDR controls how much USDD can be minted or redeemed, so it's not purely algorithmic. Thus, TDR has full power to stop it from crashing. > 1. USDD will be released in multiple phases. The current phase only allows for a minting of 2B USDD. This is to limit USDD from growing astronomically quickly like with UST. [[Source](https://trondao.medium.com/improving-usdd-from-lessons-learned-e2600d7f94ad)] > 1. You're probably wondering what's the catch. There is a Peg Stability Module (PSM) that allows minting of USDD by burning TRX. You can current burn TRX for minting USDD, but **you cannot redeem USDD for TRX** [[source](https://twitter.com/TheImmutable/status/1536930692344401921)]. There is no liquidity on any of the [PSM smart contracts](https://docs.usdd.io/psm/the-psm#psm-contracts) to trade USDD for anything else. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_tron) to find submissions for other topics.

TRX lives within a Vacuum

Mentions:#TRX

I think TRX is nice low fees takes 3 sec Or maybe dgb less fee takes a bit longer

Mentions:#TRX

Justin Sun has been dumping his TRX for ETH since like 2017. This is nothing new.

Mentions:#TRX#ETH

#TRON Pro-Arguments Below is a TRON pro-argument written by a deleted user. > ##**PROs** > > **Disclaimer**: There is little reliable information about Tron that isn't from Tron DAO or Justin Sun interviews. The official [Tron DAO Medium](https://trondao.medium.com/) site doesn't provide links to sources in the blog, making it harder to fact check and analyze. Many of its sources are from Weibo posts that are inaccessible beyond the Great Firewall of China. Tron's documentation and community posts provide way less information than that of other major blockchain projects. Nevertheless, I'm make do with what I can get. > > ####**Performance and Consensus** > > **High throughput and fast finality** > > Blocks are produced every 3s with a max size of 2M bytes. Consensus is completed using DPoS with a fault tolerance of 70% (9/27) Super Respresentatives that act as validators. There are over 350 SR/validator candidates who vote on the 27 SRs each 6 hours. > > - **High Throughtput**: **Tron can reach a max throughput of 2600 TPS with full 2M blocks** and its current balance of actual transactions, which is really high for an EVM-compatible blockchain. > - My calculations used [Tronscan data](https://tronscan.org/#/blockchain/blocks): Basic TRX and token transfers use 250-500 Bandwidth. The current average bandwidth for each transaction is currently 298, which is not that much higher than the lower end for basic transactions. > - Each bandwidth is 0.850 bytes, so you can fit 7800 average transactions in a single 3s block. Tron officially claims that it can reach 2000 TPS, so they're giving a conservative estimate. > - Even filled with 350-550 bandwidth swaps for [SunswapV2Router02](https://tronscan.org/#/contract/TKzxdSv2FZKQrEqkKVgp5DcwEXBEKMg2Ax/transactions), that's 1400 TPS on the lower end. That's way faster swaps than [everything other than Algorand](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581). > - The tradeoff is that consensus is highly centralized (only 27 validators), and that the validators have very high requirements like having 32 CPU cores and 64GB of memory. > - In comparison, Ethereum's Layer 1 in comparison, can only do ~15 TPS average (59 TPS for basic transfers, 7 TPS for Uniswap v3 swaps). > - **Fast Finality in 3s**: All 27 SRs are currently playing friendly with each other, so for all practical purposes, finality is in 3 seconds. (Deterministic finality occurs every 27 blocks, or 81 seconds). > > **Network Energy usage** > > Tron's estimated annual energy usage for 2022 is estimated to be 1.7 kWh, or the **energy usage of [15 average US households](https://decrypt.co/108115/tron-network-energy-use-matches-that-of-15-us-households-ccri-report)**. This puts it slightly lower than the consumption of Avalanche, Algorand, Cardano, and Solana's networks. Its carbon footprint is also 4x lower than the others. And it uses 100000x less energy than Bitcoin. > > ####**Ease of Basic Utility** > > **Transaction fees are covered for FREE by freezing TRX** > > Tron has a unique design for transaction fees instead of using gas. Transactions fees are divided into bandwidth (pays for data bytes) and energy (pays for computations). All transactions require bandwidth while only contracts need energy. > > The benefit is that you get **FREE bandwidth and energy by freezing TRX**, a process similar to staking. You currently receive about 28 energy and 1 bandwidth daily [per frozen TRX](https://tronstation.io/calculator). Basic smart contracts use 350 Bandwidth (requires freezing 330 TRX) and 14.7K energy (requires staking 520 TRX). At current TRX prices, **if you freeze $2500 worth of TRX, you could perform 100 free basic transactions daily**. In addition, each account receives [1.5 kb of bandwidth daily](https://developers.tron.network/docs/resource-model) (originally 5 kb) for free even without freezing TRX, which is good for ~5 transactions. Though I suspect users can abuse this by creating new accounts. > > Any transaction fees in excess of the free energy and bandwidth are burned. This is why TRX is **currently deflationary by ~0.3% annually** (excluding burns for the USDD minting process). > > **Settlement layer for Tether** > > According to Blockchain's [Sep 2022 interview with Justin Sun](https://podcasts.apple.com/us/podcast/exploring-tron-with-justin-sun-and-blockchain-com/id1536699961), **the original purpose of Tron was to act as a stablecoin settlement network and reserve network for Tether** (USDT). Sure enough, the bulk of DeFi on Tron's network deal with stablecoins. As of Sep 2022, [45% of Tether is now held on Tron](https://defillama.com/stablecoin/tether). And with Ethereum transaction fees being so high, Tron has become an attractive platform for USDT dApps. > > ####**DeFi Usages** > > **Smart Contracts** > > Tron's VM (TVM) is EVM-compatible and uses Solidity for the smart contract language. It is also Turing-complete. Thus, it's simple to rewrite EVM contracts for TVM. > > - **Tron's [DeFi TVL is massive at $5.4B](https://defillama.com/chains), putting at 3rd place after Binance Smart Chain**. > - Though it is a bit suspicious though that 99% of Tron's DeFi TVL are on 3 projects that are literally named after Justin Sun, though that could just be because it's very new. In comparison, Ethereum's DeFi is spread over hundreds of dApps. > - Tron SUN's [Liquidity Pool](https://sun.io/#/home) provides very high interest for USDD-USDT pairs at 5-70% APY. Back in June-July, you could gain triple-digit APY on Tron DeFi with stablecoins while the governance rewards boosts were still active. > > ####**Sustainable Tokenomics for TRX** > > - TRX's tokenomics have a steady, permanent issuance for validators, so it's **sustainable**. All transaction fees are burned. This isn't too different than Ethereum's tokenomics model (other than that Ethereum only burns part of the fee). > - TRX has a total circulating supply of about 92B, which is noticeably lower than their highest supply of 102B before the TRX-to-USDD minting protocol. TRX suddenly became [deflationary on Oct 27, 2021](https://tronscan.org/#/data/stats2/circulation). Supply has fallen about 10% since then due to token burns, making **TRX one of the most deflationary cryptocurrency in the top 30**. > - If we ignore the token burns from USDD minting, each day, ~5M TRX is minted, ~6M is burned (from transaction fees). **This gives net issuance of 1M TRX burned daily, or 0.3% annual deflation.** > > **Good TRX price action during the bear market** > > Tron's native token, TRX, is currently #15 in marketcap as of Sept 2022 with a [marketcap of $6B](https://www.coingecko.com/en/coins/tron). Its value has held up surprisingly well during the bear market, barely falling 50% while the rest of cryptocurrencies fell closer to 70-90%. **TRX is up 2x vs Bitcoin over the past year** during the bear market, pumping especially hard right around the launch of USDD and introduction of major staking and governance boost projects. > > ####**USDD, a hybrid stablecoin without UST's flaws?** > > **USDD is a hybrid collateralized/algorithmic (seigniorage) stablecoin** launched in May 2022 on Tron's network. It is one of the biggest focuses on the Tron roadmap. It was originally designed as a purely-algorithmic stablecoin based on Terra's now-failed Luna and UST stablecoin. After the collapse of Luna UST, the Tron DAO Reserve (TDR) made several changes to USDD to avoid a similar failure: > > **Differences between UST and USDD** > > 1. The biggest difference is that USDD is 300% collateralized with 11B TRX, 14K BTC, 100M USDT, and 1M USDC [Source](https://usdd.io/). **This makes USDD one of the most collateralized stablecoins.** In comparison, DAI is only 120% collateralized, and USDT and USDC are only 100% collateralized. > 1. TDR controls how much USDD can be minted or redeemed, so it's not purely algorithmic. Thus, TDR has full power to stop it from crashing. > 1. USDD will be released in multiple phases. The current phase only allows for a minting of 2B USDD. This is to limit USDD from growing astronomically quickly like with UST. [[Source](https://trondao.medium.com/improving-usdd-from-lessons-learned-e2600d7f94ad)] > 1. You're probably wondering what's the catch. There is a Peg Stability Module (PSM) that allows minting of USDD by burning TRX. You can current burn TRX for minting USDD, but **you cannot redeem USDD for TRX** [[source](https://twitter.com/TheImmutable/status/1536930692344401921)]. There is no liquidity on any of the [PSM smart contracts](https://docs.usdd.io/psm/the-psm#psm-contracts) to trade USDD for anything else. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_tron) to find submissions for other topics.

Why are BNB, SOL, TON, & AVAX left off that list if they are 4, 5, 9, & 12 largest cap-size crypto respectively? It is because for instance SOL’s trx are 75% communication overhead? Wouldn’t the 25% numbers still be large enough to qualify it for the list? What exactly is commuication overhead and why don’t these other coins have a bulk of their trx as that? I saw TRX leads because it is an easy and cheap way to convert to stable coin, if that’s the case and it’s getting flooded with so many trx’s, why isn’t it getting higher fees? Sorry noob to all of this and trying to understand. Thanks in advance!

No. It has less transaction activity than many chains. BTC is number 8 in daily transactions coming in below TRX, ALGO, XLM, EOS, XRP, ETH, and DOGE https://www.tradingview.com/markets/cryptocurrencies/prices-most-transactions/

Below are the following coins I hold that are below a dollar. PEPE SHIB CROB LADYS ELON VVS/xVVS TRX and possibly a few others.

r/CryptoMarketsSee Comment

I guess it depends on the project. I don't believe that all alts will hit their ATHs but some of them surely will. I strongly believe in Polkadot, still. I am watching some upcoming L2 projects and I'm into some well known oracles like LINK and DIA (it was below $0.30 until recently), DeFi won't be the same without them. ADA, MATIC, TRX... I believe all will be back near or past their ATHs.

r/CryptoCurrencySee Comment

Not true. I helped a friend recover 3k worth of TRX out of OKx after I tracked the funds that ended there, they froze the scammer's adress and gave the funds back after a lengthy police report

Mentions:#TRX
r/CryptoCurrencySee Comment

ANKR was the one I thought might travel. Otherwise, just topped up existing portfolio; ADA, TRX, Ethereum. TRX remains one of my strongest hands. Which has surprised me.

Mentions:#ANKR#ADA#TRX
r/CryptoMarketsSee Comment

TRX

Mentions:#TRX
r/CryptoCurrencySee Comment

BTC, ETH, TRX (Tron) 🤞🤞🤞

Mentions:#BTC#ETH#TRX
r/CryptoCurrencySee Comment

It must be on ETH to affect prices. When minted on TRX, people in the South Pacific use it to pay bills and buy things ... like actual currency. It doesn't flow into crypto coins.

Mentions:#ETH#TRX
r/CryptoMarketsSee Comment

Momento para XRP TRX y Etherium, buen precio en este momento 24:00 3/03/24

Mentions:#XRP#TRX
r/CryptoCurrencySee Comment

tldr; The Tron Foundation has requested a New York federal court to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC), arguing that the SEC is overreaching by applying U.S. securities laws to predominantly foreign activities. Tron argues that the sale of TRX and BTT tokens were conducted overseas, avoiding the U.S. market, and therefore should not be subject to U.S. securities laws. The foundation also disputes the SEC's classification of the tokens as investment contracts under the Howey test and challenges allegations of manipulative trading and undisclosed celebrity promotions. Tron's motion also criticizes the SEC's lack of detailed allegations and reliance on generalizations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

r/CryptoCurrencySee Comment

I saw the writing on the wall a couple months ago, when they cracked down on US users (they started blocking based on IP address). I sold what I had there and transferred usdt out. Too bad, the TRX and BEPRO pumped after that.

Mentions:#TRX#BEPRO
r/CryptoCurrencySee Comment

Thank you. It was quite insightful for me. Two questions: 1. How to check when the traffic is low? Should I keep checking frequently? 2. Examples of layer2? TRX or BNB smartchain?

Mentions:#TRX#BNB
r/CryptoCurrencySee Comment

+1 for trx. a lot of people use this route. So your sequence is: ETH to TRX (This might incur a transaction fee) then TRX to USDT (TRX) (this will incur a transaction fee but will be cheaper) then transfer the usdt (TRX) to whoever. basically anything you do in eth tend to be expensive so that price is not surprising.

Mentions:#ETH#TRX#USDT
r/CryptoCurrencySee Comment

TRX. Biggest shitcoin out there

Mentions:#TRX
r/CryptoCurrencySee Comment

TRX, pls dont judge. I was young and foolish back then 🥲😂

Mentions:#TRX
r/CryptoCurrencySee Comment

If you're not investing in SOL long term, you better not be touching anything other than BTC/ETH related projects than. I don't really see any eco outside of SOL being relevant long term, besides TRX, BSC, and AVAX having a small chance.

r/SatoshiStreetBetsSee Comment

BTT has potential, with TRX they can make a boom. It's worth taking a chance, who knows how it will work out!

Mentions:#BTT#TRX
r/CryptoCurrencySee Comment

NEAR has a good shot of supplanting tier-1s like TRX, AVAX, DOT and maybe even ADA this cycle. It’s positioned itself nicely as an AI/DePIN focused layer-1. That sort of hype plus the VC backing and the usage from Singaporean companies makes it more intriguing IMO.

r/CryptoCurrencySee Comment

Have you tried sending out the USDC using another chain? Not sure if voyager has it but normal CEXs like coinbase or binance give you the option to send USDC via OP, SOL, TRX, AVAX.. etc and usually costs about $1 or less to move.

r/CryptoCurrencySee Comment

sorting by TVL descending TRX - launched same year as Cardano, Justin Sun is a huge red flag in my opinion BSC - launched same year as Cardano, its just an Bitcoin Fork far away from the capabilities of Cardano ARB - ETH L2, good project SOL - launched same year as Cardano, how often was the chain offline because of technical problems? Bitcoin - launched long before Cardano, far away from the capabilities of Cardano MATIC - launched same year as Cardano, had plenty of "network issues" in the past, but overall one of the better projects the only chain that fits remotely the description by is ARB

r/CryptoCurrencySee Comment

Where is the best place to get a small amount of TRX to activate Tron address? Preferably one that does not require kyc.

Mentions:#TRX
r/CryptoCurrencySee Comment

5 days ago the GO button was pushed. 🚀 WOW....what a great result! 🤔 Have you reached out to YOUR Limitless (Daisy) personal community? 📈 12,600 participants means just over 5% of the total 240,000 members in the total Crowd Fund community have taken action. ✅ That means 95% of the community are waiting to be informed PLUS all the NEW people who are NOT part of the existing crowd fund community! ⏳ We've only scratched the surface yet people have already earned 5 and 6 figure commissions in the first 5 days! 💰 Why not YOU, why not NOW! 👇🏼👇🏼 👇🏼👇🏼 iamlimitless.io/ref/b0ss 🚀 Dive into the future of sports with Blockchain Sports! 🏀⚽️ To buy your Founders pack Choose your Founders Pack level, add the USDT TRC20 to your wallet & have a minimum 200 TRX in your wallet Go to iamlimitless.io/ref/b0ss 1. Connect your TronLink wallet. 2. Choose your package, approve the transaction to purchase then click confirm! You can start with any Founders Package and upgrade anytime to the next package. Just pay the difference. There are limited spots in every Founders Package 🚨 Just a reminder, the price of the Founders Node Packages increases by 10% on March 1st. Official deadline is 23:59PM on February 29th.🚨

r/CryptoCurrencySee Comment

tldr; Cryptocurrency entrepreneur Justin Sun has sparked discussions about the possibility of a TRX (Tron) ETF (Exchange-Traded Fund) following a mysterious tweet. Despite TRX's 106% yearly profit and interest from the crypto community, the likelihood of a TRX ETF launching in the U.S. remains low due to legal challenges. Sun, the founder of Tron, faces charges from the U.S. Securities and Exchange Commission (SEC) for fraud and market manipulation. Meanwhile, a TRX ETF is already available in Europe, limited to 14 countries. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

r/CryptoCurrencySee Comment

yup gonna do that in april... bye DOGE ALGO VET ,TRX and SHIB.

r/CryptoCurrencySee Comment

The title is misleading and makes the YouTubers representation into a false narrative. There is no claim about what the title says in the YouTube video. Justin Sun offered an exit stratege and that’s bad!? Justin didn’t even cause the rapid increase of the TRX price which caused by the exchanges internal algorithm, and its localised volume. Everyone thought their money was gone. No one was thinking they would get their money back. Similar to Mt Gox, hardly if anyone has even today received their money/crypto back. So, I can’t understand the hate for Justin here, he gave a path way and people chose to use it.

Mentions:#TRX
r/CryptoCurrencySee Comment

Totally agree with you! The title is misleading and makes the YouTubers representation into a false narrative. There is no claim about what the title says in the YouTube video. Justin Sun offered an exit stratege and that’s bad!? Justin didn’t even cause the rapid increase of the TRX price which caused by the exchanges internal algorithm, and its localised volume. Everyone thought their money was gone. No one was thinking they would get their money back. Similar to Mt Gox, hardly if anyone has even today received their money/crypto back. So, I can’t understand the hate for Justin here, he gave a path way and people chose to use it.

Mentions:#TRX
r/CryptoCurrencySee Comment

The title is misleading and makes the YouTubers representation into a false narrative. There is no claim about what the title says in the YouTube video. Justin Sun offered an exit stratege and that’s bad!? Justin didn’t even cause the rapid increase of the TRX price which caused by the exchanges internal algorithm, and its localised volume. Everyone thought their money was gone. No one was thinking they would get their money back. Similar to Mt Gox, hardly if anyone has even today received their money/crypto back. So, I can’t understand the hate for Justin here, he gave a path way and people chose to use it.

Mentions:#TRX
r/CryptoCurrencySee Comment

Your title is misleading and makes the YouTubers representation into a false narrative. There is no claim about what’s your title says in the YouTube video. Justin Sun offered an exit stratege and that’s bad!? Justin didn’t even cause the rapid increase of the TRX price which caused by the exchanges internal algorithm, and its localised volume. Everyone thought their money was gone. No one was thinking they would get their money back. Similar to Mt Gox, hardly if anyone has even today received their money/crypto back. So, I can’t understand the hate for Justin here, he gave a path way and people chose to use it.

Mentions:#TRX
r/CryptoCurrencySee Comment

TRX is doing well. My 3 years of staking has paid off

Mentions:#TRX
r/CryptoCurrencySee Comment

Tell that to my portfolio including ADA, XRP, TRX, DOT, ATOM, LINK, MATIC and a few DeFi tokens 😭😭

r/CryptoCurrencySee Comment

TRX...uhh just download exodus or trust wallet on mobile. Add TRX and you should be good to go unless binance wants to be a butt

Mentions:#TRX
r/CryptoCurrencySee Comment

So everything I had worth of value outside of TRX was able to be easily moved. TRX is killing me as Binance doesn't allow me to deposit, trade, or convert it. I'm happy to have moved most everything out, but still having a hard time wrapping my thoughts around what I can do with TRX, if anything.

Mentions:#TRX
r/CryptoCurrencySee Comment

Quick update, it seems Binance doesn't really have Customer Support outside of their collection of articles and an AI chatbot. I was able to move out most of the crypto with ease, except for TRX. This TRON crypto seems like kryptonite, as I'm unable to deposit, trade, or convert it anywhere. It seems to only be offered on Binance, and I don't know how to extract it's value as all doors are closed for transacting on it.

Mentions:#TRX
r/CryptoCurrencySee Comment

disagree hard with how much market caps inflate. I think more tokens will fall below their current positions than not, but those that hold strong will pump much more than that. in a parabolic market the strong tokens (especially in the lower top 50) can have so much more in the tank, especially when you factor in the amount of "dinosaur" coins that will get displaced (your BCH, LTC and TRX's to pick a few less controversial ones)

Mentions:#BCH#LTC#TRX
r/CryptoCurrencySee Comment

Kraken supports TRX.

Mentions:#TRX
r/CryptoCurrencySee Comment

Get a VPN and sign up for a non-KYC exchange like MEXC. Transfer TRX or whatever over there, swap it to something you can actually deposit into your KYC’d USA-approved account (LTC, XLM, something with low withdrawal and transaction fees), then withdraw to fiat. However much you spend on a VPN for a month will still be less than losing $1.5k.

r/CryptoCurrenciesSee Comment

Get TRX or convert currencies with no hassle Sign up link: [mining1.one](https://mining1.one)

Mentions:#TRX
r/CryptoCurrencySee Comment

#TRON Con-Arguments Below is a TRON con-argument written by CreepToeCurrentSea. > TRON is a decentralized, open-source blockchain-based operating system with smart contract functionality, a proof-of-stake consensus algorithm, and its own cryptocurrency, Tronix (TRX). Justin Sun founded it in March 2014, and it has been overseen and supervised by the TRON Foundation, a non-profit organization in Singapore founded the same year. It began as an Ethereum-based ERC-20 token before migrating to its own blockchain in 2018. > > # CONS > > **Whitepaper Plagiarism** > > In January 2018, Tron's developers were accused of plagiarism after many sections of the Tron whitepaper appeared nearly identical to IPFS and Filecoin technical documentation. IPFS is an acronym for InterPlanetary File System. Juan Benet, CEO of Protocol Labs, which develops IFPS tools and services, revealed on Twitter in early January 2018 that Tron's whitepaper authors did not properly cite references and that the document was "mostly copied" from other projects. Even the equations and formulas mentioned in the first version of Tron's whitepaper were identical to those found in IPFS documentation. Sun claimed to have a "very detailed" reference to the most recent Chinese version of the Tron whitepaper. He also claimed that the Tron paper was translated into other languages by volunteers who may have overlooked important details. Just as Vitalik had also sarcastically said in twitter regarding the teams copy-pasting abilities, this just goes to show how un-genuine their team appears even making the most basic of mistakes. > > **Question of Vulnerability** > > A barrage of requests sent by a single PC could be used to squeeze the power of the blockchain's CPU, overload the memory, and perform a distributed denial-of-service (DDoS) attack, according to HackerOne. "Using a single machine, an attacker could send DDOS attack to all or 51 percent of the Super Representative (SR) node and render Tron network unusable or unavailable," the claim goes. While TRON is somewhat better in marketing compared to other cryptocurrencies, it falls short on one of the most important pillars for an effective one, that of which is security. To hinder a blockchain with just one computer is the polar opposite of what you want a cryptocurrency to be. > > **Un-Stablecoin** > > TRON's native stablecoin "USDD" de-pegged to the US dollar earlier this year, falling to as low as 91 cents. Its design is uncannily similar to Terra's stablecoin, UST, which lost its price peg and imploded a month ago, wiping out $40 billion in market value. If it continues to follow UST's path considering how similar they are in function and structure, one could assume they also have a ticking algorithmic time bomb in the making. > > **Final Thoughts** > > It seems that TRON has a knack for idolizing (to the point of almost copying their work) other projects both in and out of the crypto-sphere. What I do hope is that they also know what not absorb. Else, they have nothing but a mushed up bowl of their favorite things and just decided it would stick together with glue and duct tape. > > Sources: > > [https://en.wikipedia.org/wiki/Tron\_(cryptocurrency)](https://en.wikipedia.org/wiki/Tron_(cryptocurrency)) > > [https://cryptoslate.com/justin-suns-controversies-plagiarism-teslas-warren-buffett-kidney-stones-and-a-deleted-apology/](https://cryptoslate.com/justin-suns-controversies-plagiarism-teslas-warren-buffett-kidney-stones-and-a-deleted-apology/) > > [https://www.inverse.com/article/40050-tron-trx-cryptocurrency-plagiarism-scandal](https://www.inverse.com/article/40050-tron-trx-cryptocurrency-plagiarism-scandal) > > [https://www.zdnet.com/article/tron-critical-security-flaw-could-break-the-entire-blockchain/](https://www.zdnet.com/article/tron-critical-security-flaw-could-break-the-entire-blockchain/) > > [https://fortune.com/2022/06/13/algorithmic-stablecoin-usdd-loses-peg-justin-sun-tron-decentralized-usd/](https://fortune.com/2022/06/13/algorithmic-stablecoin-usdd-loses-peg-justin-sun-tron-decentralized-usd/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_tron) to find submissions for other topics.

r/CryptoCurrencySee Comment

#TRON Pro-Arguments Below is a TRON pro-argument written by a deleted user. > ##**PROs** > > **Disclaimer**: There is little reliable information about Tron that isn't from Tron DAO or Justin Sun interviews. The official [Tron DAO Medium](https://trondao.medium.com/) site doesn't provide links to sources in the blog, making it harder to fact check and analyze. Many of its sources are from Weibo posts that are inaccessible beyond the Great Firewall of China. Tron's documentation and community posts provide way less information than that of other major blockchain projects. Nevertheless, I'm make do with what I can get. > > ####**Performance and Consensus** > > **High throughput and fast finality** > > Blocks are produced every 3s with a max size of 2M bytes. Consensus is completed using DPoS with a fault tolerance of 70% (9/27) Super Respresentatives that act as validators. There are over 350 SR/validator candidates who vote on the 27 SRs each 6 hours. > > - **High Throughtput**: **Tron can reach a max throughput of 2600 TPS with full 2M blocks** and its current balance of actual transactions, which is really high for an EVM-compatible blockchain. > - My calculations used [Tronscan data](https://tronscan.org/#/blockchain/blocks): Basic TRX and token transfers use 250-500 Bandwidth. The current average bandwidth for each transaction is currently 298, which is not that much higher than the lower end for basic transactions. > - Each bandwidth is 0.850 bytes, so you can fit 7800 average transactions in a single 3s block. Tron officially claims that it can reach 2000 TPS, so they're giving a conservative estimate. > - Even filled with 350-550 bandwidth swaps for [SunswapV2Router02](https://tronscan.org/#/contract/TKzxdSv2FZKQrEqkKVgp5DcwEXBEKMg2Ax/transactions), that's 1400 TPS on the lower end. That's way faster swaps than [everything other than Algorand](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581). > - The tradeoff is that consensus is highly centralized (only 27 validators), and that the validators have very high requirements like having 32 CPU cores and 64GB of memory. > - In comparison, Ethereum's Layer 1 in comparison, can only do ~15 TPS average (59 TPS for basic transfers, 7 TPS for Uniswap v3 swaps). > - **Fast Finality in 3s**: All 27 SRs are currently playing friendly with each other, so for all practical purposes, finality is in 3 seconds. (Deterministic finality occurs every 27 blocks, or 81 seconds). > > **Network Energy usage** > > Tron's estimated annual energy usage for 2022 is estimated to be 1.7 kWh, or the **energy usage of [15 average US households](https://decrypt.co/108115/tron-network-energy-use-matches-that-of-15-us-households-ccri-report)**. This puts it slightly lower than the consumption of Avalanche, Algorand, Cardano, and Solana's networks. Its carbon footprint is also 4x lower than the others. And it uses 100000x less energy than Bitcoin. > > ####**Ease of Basic Utility** > > **Transaction fees are covered for FREE by freezing TRX** > > Tron has a unique design for transaction fees instead of using gas. Transactions fees are divided into bandwidth (pays for data bytes) and energy (pays for computations). All transactions require bandwidth while only contracts need energy. > > The benefit is that you get **FREE bandwidth and energy by freezing TRX**, a process similar to staking. You currently receive about 28 energy and 1 bandwidth daily [per frozen TRX](https://tronstation.io/calculator). Basic smart contracts use 350 Bandwidth (requires freezing 330 TRX) and 14.7K energy (requires staking 520 TRX). At current TRX prices, **if you freeze $2500 worth of TRX, you could perform 100 free basic transactions daily**. In addition, each account receives [1.5 kb of bandwidth daily](https://developers.tron.network/docs/resource-model) (originally 5 kb) for free even without freezing TRX, which is good for ~5 transactions. Though I suspect users can abuse this by creating new accounts. > > Any transaction fees in excess of the free energy and bandwidth are burned. This is why TRX is **currently deflationary by ~0.3% annually** (excluding burns for the USDD minting process). > > **Settlement layer for Tether** > > According to Blockchain's [Sep 2022 interview with Justin Sun](https://podcasts.apple.com/us/podcast/exploring-tron-with-justin-sun-and-blockchain-com/id1536699961), **the original purpose of Tron was to act as a stablecoin settlement network and reserve network for Tether** (USDT). Sure enough, the bulk of DeFi on Tron's network deal with stablecoins. As of Sep 2022, [45% of Tether is now held on Tron](https://defillama.com/stablecoin/tether). And with Ethereum transaction fees being so high, Tron has become an attractive platform for USDT dApps. > > ####**DeFi Usages** > > **Smart Contracts** > > Tron's VM (TVM) is EVM-compatible and uses Solidity for the smart contract language. It is also Turing-complete. Thus, it's simple to rewrite EVM contracts for TVM. > > - **Tron's [DeFi TVL is massive at $5.4B](https://defillama.com/chains), putting at 3rd place after Binance Smart Chain**. > - Though it is a bit suspicious though that 99% of Tron's DeFi TVL are on 3 projects that are literally named after Justin Sun, though that could just be because it's very new. In comparison, Ethereum's DeFi is spread over hundreds of dApps. > - Tron SUN's [Liquidity Pool](https://sun.io/#/home) provides very high interest for USDD-USDT pairs at 5-70% APY. Back in June-July, you could gain triple-digit APY on Tron DeFi with stablecoins while the governance rewards boosts were still active. > > ####**Sustainable Tokenomics for TRX** > > - TRX's tokenomics have a steady, permanent issuance for validators, so it's **sustainable**. All transaction fees are burned. This isn't too different than Ethereum's tokenomics model (other than that Ethereum only burns part of the fee). > - TRX has a total circulating supply of about 92B, which is noticeably lower than their highest supply of 102B before the TRX-to-USDD minting protocol. TRX suddenly became [deflationary on Oct 27, 2021](https://tronscan.org/#/data/stats2/circulation). Supply has fallen about 10% since then due to token burns, making **TRX one of the most deflationary cryptocurrency in the top 30**. > - If we ignore the token burns from USDD minting, each day, ~5M TRX is minted, ~6M is burned (from transaction fees). **This gives net issuance of 1M TRX burned daily, or 0.3% annual deflation.** > > **Good TRX price action during the bear market** > > Tron's native token, TRX, is currently #15 in marketcap as of Sept 2022 with a [marketcap of $6B](https://www.coingecko.com/en/coins/tron). Its value has held up surprisingly well during the bear market, barely falling 50% while the rest of cryptocurrencies fell closer to 70-90%. **TRX is up 2x vs Bitcoin over the past year** during the bear market, pumping especially hard right around the launch of USDD and introduction of major staking and governance boost projects. > > ####**USDD, a hybrid stablecoin without UST's flaws?** > > **USDD is a hybrid collateralized/algorithmic (seigniorage) stablecoin** launched in May 2022 on Tron's network. It is one of the biggest focuses on the Tron roadmap. It was originally designed as a purely-algorithmic stablecoin based on Terra's now-failed Luna and UST stablecoin. After the collapse of Luna UST, the Tron DAO Reserve (TDR) made several changes to USDD to avoid a similar failure: > > **Differences between UST and USDD** > > 1. The biggest difference is that USDD is 300% collateralized with 11B TRX, 14K BTC, 100M USDT, and 1M USDC [Source](https://usdd.io/). **This makes USDD one of the most collateralized stablecoins.** In comparison, DAI is only 120% collateralized, and USDT and USDC are only 100% collateralized. > 1. TDR controls how much USDD can be minted or redeemed, so it's not purely algorithmic. Thus, TDR has full power to stop it from crashing. > 1. USDD will be released in multiple phases. The current phase only allows for a minting of 2B USDD. This is to limit USDD from growing astronomically quickly like with UST. [[Source](https://trondao.medium.com/improving-usdd-from-lessons-learned-e2600d7f94ad)] > 1. You're probably wondering what's the catch. There is a Peg Stability Module (PSM) that allows minting of USDD by burning TRX. You can current burn TRX for minting USDD, but **you cannot redeem USDD for TRX** [[source](https://twitter.com/TheImmutable/status/1536930692344401921)]. There is no liquidity on any of the [PSM smart contracts](https://docs.usdd.io/psm/the-psm#psm-contracts) to trade USDD for anything else. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_tron) to find submissions for other topics.

r/CryptoCurrencySee Comment

How the TRX remain steady?

Mentions:#TRX
r/CryptoCurrencySee Comment

Your take on Nano is way off but TRX is def shit.

Mentions:#TRX
r/CryptoCurrencySee Comment

tldr; Circle, the issuer of the USD Coin (USDC) stablecoin, announced it will discontinue support for USDC on the Tron blockchain in a phased transition, effective immediately. This decision is part of Circle's risk management framework, aiming to ensure USDC remains trusted, transparent, and safe. Customers can transfer their USDC to other blockchains until February 2025, and retail users can move their USDC on Tron using exchanges. Despite this, Tron's native TRX tokens remained steady in value. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

r/CryptoCurrencySee Comment

I’m sure there is a reason you didn’t buy TRX but if you had, you’d be up close to 30% on it now.

Mentions:#TRX
r/CryptoCurrencySee Comment

I have too many old bags (XLM, CRO, ADA, TRX), need to replace them with some new coins which have higher chances of going up, any reco's ? I am thinking TiA, MINA, SUI, IMX, thoughts? anything in the #100-200 that looks promising?

r/CryptoCurrencySee Comment

I love it also. Packed my bags over the past couple years. Happy to take the bags of others who don't wish to go on a journey with us. I had a hope and dream with TRX many moons ago... now it's where I feel comfortable ditching it but probably won't because I'd like to see where it goes... probably to like 15 or 16 cents then Justin will say something and kill it. Ramp up this time has been much slower than 2021, that is for certain!

Mentions:#TRX
r/CryptoCurrencySee Comment

I think except for TRX they can all do well

Mentions:#TRX
r/CryptoCurrencySee Comment

Do you like to spread it or do you concentrate your positions? :P I limit myself to 7 different coins. BTC, ETH, SOL, LINK, TRX, RNDR, KAS

r/CryptoCurrencySee Comment

I'd look at market caps personally (not financial advice) I think it can easily beat TRX and DOGE's market caps so I'll probably hold on till about 7/8$ (around 9$ to beat both trx and doge)

Mentions:#TRX#DOGE
r/CryptoCurrencySee Comment

1 - Cardano 2 - TRX, ICP, File, Doge 3 - Sandbox

Mentions:#TRX#ICP
r/CryptoCurrencySee Comment

If you are going to be paid in USDT, have the payer send the USDT to a private wallet. I personally use Trust Wallet, but I would have limits on how much you want in an individual wallet. Have the payer use the TRX blockchain.

Mentions:#USDT#TRX
r/CryptoMarketsSee Comment

How much you got? Are you staking? You can earn daily rewards! You can now after staking for ⚡️energy can sell that energy to other users. Tronpulse.io you can fill listed contract orders. There are a ton more sites just google “tron energy exchange” Iv been earning almost $100 AUD worth of TRX per day for the last year!

Mentions:#AUD#TRX
r/CryptoMarketsSee Comment

You do know millions use the Tron Network in places like Asian🇰🇷, Africa🇿🇦 and El Salvador🇸🇻? Tron also has a Peer 2 Peer ⚡️energy(gas) exchange, where if you have say 65,000 unused ⚡️energy(gas) you can sell that for TRX to another use for a lower price than the natural Tron network fee.

Mentions:#TRX
r/CryptoMarketsSee Comment

My TRX ride began, and its only stop thus far, was a $20ish investment with the leftover cash I had on-hand in my Binance account back in December 2017. I only bought it because it was the cheapest coin I could find (that I could purchase immediately) and I didn't want to leave USD in my account. It was a pure altcoin-noob-degeneracy play. I wAnTeD mOrE cRyPtO! So I just bought TRX on a whim with literally 2 minutes of research. Hey, when you're in the middle of a bull market, are 2 clicks away from buying something - *anything! -* and are just seeing green everywhere for the last few weeks in your other coins, it's not my proudest moment but it's worked out. I haven't sold it, it's still in my wallet, but I pay it almost no attention. I made my own tracking tool, and it wasn't even in my first 2 iterations of that tool (it is now). None of this is to say that I follow it, or regularly check in on it, or even particularly care about it. It's just "there" in my portfolio. I know what it's worth, and if it does happen to moon, then I'll see it. If it doesn't, then I've only lost (...checks Delta app...) $20.46, including any fees I paid. It wasn't a big investment (and I don't think I ever saw it as an "investment"), but it's at about 2,800% profit, so I can't be mad at myself.

Mentions:#TRX
r/CryptoMarketsSee Comment

Bro I haven’t even looked at TRX thanks for reminding me to see if I’m actually up lmao

Mentions:#TRX
r/CryptoCurrencySee Comment

I might DCA out in some of the smaller coins, but perhaps will just hold btc and eth all the way through this time, perhaps will hold my small amount of trx all the way through too. TRX has been a very stable coin with steady upward price movement. For the others, it depends.

Mentions:#DCA#TRX
r/CryptoCurrencySee Comment

That is ignorant at best. 🤣 Please educate yourself on DefiLlama. Sure, $6M daily volume is significantly lower than even TRX, but $6M daily volume is a lot of money regardless. Your statement is wrong and you are a liar.

Mentions:#TRX
r/CryptoCurrencySee Comment

At least half the sub is FUDing *every* coin, the only difference with ALGO is that there is also a sizable portion of the sub that is bullish on it. ALGO is easily a top-5 favorite alt here, even though half the sub FUDs it. If you really want a coin that this sub hates, try SOL, BNB, or TRX.

r/CryptoCurrencySee Comment

I normally use TRX(tron) for own transactions and movement.

Mentions:#TRX
r/CryptoCurrencySee Comment

tldr; UEX.Finance is a fast and secure cryptocurrency exchange that offers various trading pairs for cryptocurrencies such as ADA, USDT, ETH, BTC, LTC, SOL, TRX, and BNB. The exchange provides information on how it works, its fees, and contact details. It is committed to user privacy and compliance with KYC/AML policies. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.