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Whited35

Projects are moving from Ethereum blockchain to Tron blockchain!

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Woah! what went wrong with ethereum network?? this would bring down ethereum in one way or another. 😑

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On 8/22/2020 at 9:29 PM, Teminali69 said:

Woah! what went wrong with ethereum network?? this would bring down ethereum in one way or another. 😑

PoW miners of ethereum are grabbing the highest block rewards. Due to increasing complexity in the network, fee for each transaction is very higher than we believe so far. Due to this reason, some startup projects are finding their ways to TRON. 

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In the recent period, the TRON network has become better than the Ethereum network in terms of asset transfer speed and transfer fees, because Ethereum network fees have become unreasonable due to the applications of decentralized financing that flooded the network with millions of operations.

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On 17/8/2020 at 6:14, Whited35 said:

Han pasado unos días, he estado recibiendo los correos electrónicos de algunos proyectos de criptografía (que he estado siguiendo) sobre el cambio de sus tokens ERC-20 (de Ethereum Blockchain Network) a los sistemas de tokens TRON TRC-20. Destacaron los siguientes problemas graves de Ethereum Network. 

  • La tarifa de transacción es demasiado (hasta $ 5- $ 10) y la red es costosa
  • Blockchain de difícil acceso
  • Transacción pendiente y problema de cancelación
  • La baja velocidad de las transacciones y el problema de escalabilidad. 

Así que me pregunto ahora, ¿pueden ser soluciones permanentes para ellos? ¿Tron podría satisfacer sus crecientes demandas? 

This was seen to come, because the ethereum fees vary constantly where people do not know whether to continue in a project because of the ETH fees knowing that in TRX the fees are very low and this would take a great step for investors move their platforms to the TRX Network.

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13 hours ago, Captain Karim said:

In the recent period, the TRON network has become better than the Ethereum network in terms of asset transfer speed and transfer fees, because Ethereum network fees have become unreasonable due to the applications of decentralized financing that flooded the network with millions of operations.

@Captain Karim So now, Ethereum network fee is in downtrend as DeFi craze is looking like to settle down. I am expecting Ethereum 2.0 launching date which will probably happen in next month. Some rumors have suggested devs are pacing up to complete the development. Meanwhile, projects are moving to TRON blockchain. I do not know there were seriously migrated there or not. 

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Ethereum is going to collapse and from management have offered them to save them and also created a rescue fund so maybe they have a joint venture temporarily


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When I read more about the differences of Ethereum and Tron, I would think Tron is far better. It has higher network bandwith, low transaction fees. But this comparison was for eth 1.0. Don't know if all problems will be solved in eth 2.0

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In fact, this is not a bad solution! And very logical. Because, I myself noticed the fact that the Commission for the withdrawal of my cryptocurrency is much higher than the amount of my ether, and I lose a lot of time waiting! I think this situation will make interaction with projects more optimal than before 🙂

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On 10/13/2020 at 12:16 AM, arnosk said:

When I read more about the differences of Ethereum and Tron, I would think Tron is far better. It has higher network bandwith, low transaction fees. But this comparison was for eth 1.0. Don't know if all problems will be solved in eth 2.0

@arnosk They got inspired from Ethereum blockchain network and corrected some demerits like stability problem that was seen on the Ethereum blockchain network. I just love to represent Tron as the copy of Ethereum blockchain with the modifications. 


 

 

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On 8/17/2020 at 12:14 PM, Whited35 said:

 

  • The transaction fee is too much(Up to $5-$10) and costly network
  • Hard to access blockchain
  • Transaction pending and cancel problem
  • The slow speed of transaction and scalability problem 

So I am wondering now, can it be permanent solutions for them? Could Tron be able to fulfill their increasing demands? 

The ERC-20 transaction fees currently seems so high and as a burden to small investors imagin to be charged $5 or $10 for transacting coins below that price, it doesn't give any encouragement and let's hope the shifting to TRON blockchain TRC-20 will solve this problem but who knows, maybe the same issue can rise over there as well and perhaps it will be an option for another alternative.

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1 hour ago, George10 said:

The ERC-20 transaction fees currently seems so high and as a burden to small investors imagin to be charged $5 or $10 for transacting coins below that price, it doesn't give any encouragement and let's hope the shifting to TRON blockchain TRC-20 will solve this problem but who knows, maybe the same issue can rise over there as well and perhaps it will be an option for another alternative.

@George10 Network fee is quite down on the ethereum blockchain network but it is still high for the small investors and they may not afford to move the tokens or ETH itself. TRON based DeFi systems are also looking progressive but I have doubt regarding the sustainability. 

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TRON is a superfast blockchain network. Transaction takes a few seconds to complete. High fee in the ethereum network so projects are migrating to the TRON for the solution.

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21 hours ago, ShiNorton said:

TRON is a superfast blockchain network. Transaction takes a few seconds to complete. High fee in the ethereum network so projects are migrating to the TRON for the solution.

@ShiNorton So what do you think it will help them for a long term purpose? Can it be the permanent solution for them as TRON is copying so many things based on  Ethereum blockchain network? Ethereum 2.0 is on the way to bring so many changes. 

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This is true. TRX network can handle these transactions much more efficiently then ETH. Also, SUN is a TRX defi project which seems to be the only one not dying in the ***... lol.


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I think one of the reason is to run from the expensive fees that are out there they are so many of them and they are to tough to use,to use the ether network is expensive, so its important you look at the network fee for about 200$ I was withdrawing and its expensive that  really expensive and we need to keep on moving

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I think it was bound to happen and the truth is the ether network is becoming a little bit difficult and we need to work as hard to be able to enjoy the space we have today and there si a lot,l Tron has come out to be a little bit better Than ether and its changing

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your network or your currency and limit itself to raising, withdrawing and its expensive that really expensive and we need to keep on moving

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It is normal for any user when he sees high fees when performing any transaction via ETH Blockchain and the slow implementation of services then he will go to another network such as TRON, especially since the blockchain application has become in which the fees are low and the performance is faster, but I think that managing the Ethereum network will find the solution.

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The ethereum blockchain is a network for your operations that has the virtue of being automated and fast by using the so-called smart contracts, but it does not favor small investors because its commissions are extremely high, if for example you want to send 10 dollars for the Ethereum charges six dollars in commission, this attacks small entrepreneurs, on the other hand, the tron TXR blockchain is just as automated and fast as the ethereum network and charges very small commissions for operations, also using smart contracts, in addition to allowing freeze TXR to avoid paying commissions in operations, this network does favor small investors, on the other hand the ethereum network is extremely expensive.

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Good information here, honestly I was not aware of this migration of platforms from Ethereum to Tron Network, this is not surprising though, as ethereum network fees can be somehow unaffordable, specially when it comes to small transactions. Actually, not only Tron is emerging as a viable alternative to ethereum, Binance has also recently released its smart chain, which offers much more affordable fees than ethereum. Hopefully, these new alternatives would help ease the saturation in ethereum network, ultimately benefiting us users. 

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On 10/27/2020 at 5:43 AM, Jromz said:

Binance has also recently released its smart chain, which offers much more affordable fees than ethereum. Hopefully, these new alternatives would help ease the saturation in ethereum network, ultimately benefiting us users. 

Binance Chain has a great future ahead I think. It is safe, fast and affordable. Another interesting thing is, it is decentralized. I expect to see so many integration based on the Binance Chain. Platform like PayRue has already integrated the services with Binance Chain. 


 

 

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As we all see the Tron blockchain is much faster than the Ethereum blockchain, and the fees paid on the network are almost negligible, so on the one hand BlockchainTron will be the best use for decentralized application programmers, on the other hand Ethereum 2.0 is coming soon and we may see a tremendous development that we did not expect. So we cannot judge now.

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On 10/31/2020 at 11:50 PM, Shaza Ahmad said:

As we all see the Tron blockchain is much faster than the Ethereum blockchain, and the fees paid on the network are almost negligible

Tron is cloned version of Ethereum blockchain network as we all knows. They improved speed of transactions but Tron based applications are repeatedly getting hacked. Ethereum is entering to another excellent phase through Ethereum 2.0 !


 

 

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In my opinion, it is better to change the platform, because it is not reasonable for them to take such a high commission! There are other platforms that provide the same services and have a very small commission of less than $ 1.

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Yes you are right and i also noticed that these fees are very high as compare to other and i also don't know why is this . But in my opinion this is due to the popularity of that coins

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