Tron (TRX) News – Is Tron (TRX) facing an executional risk?

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When you look at Tron (TRX), it is trying to do a lot of things at the same point in time. No one doubts the capability of the development team at Tron (TRX) headed by Justin Sun, but it seems like currently, it is trying to do too many things into little time. The question which we are trying to figure out is whether there is an execution risk of for Tron (TRX) or not.

Is Tron (TRX) facing an executional risk?

When you look at Tron (TRX), their goal is pretty simple. They want to create a decentralized Internet. They seem to be expanding in that direction especially after the acquisition of BitTorrent. Moreover, they are making their blockchain stronger. As the blockchain becomes stronger and more efficient, the developers of decentralized applications and the ones who use smart contracts are moving towards Tron (TRX). The same thing had happened with Ethereum (ETH) when it started offering smart contracts, decentralized applications and more. The Achilles heel for Ethereum (ETH) was the widespread traction which it got. Many people think that with the increasing users, the value of the blockchain projects, as well as the cryptocurrencies, will increase. That is, however, a dark side to the same as well.

When the users increase, the real test of the blockchain network begins. If the blockchain network is not able to support those users, sooner than later, it will slow down. Blockchain slowing down is detrimental and can prove to be pretty fatal for any blockchain-based project. It is Tron (TRX) facing the same risk? Recently, it plans to launch BitTorrent (BTC) token. It seems to be moving at a pretty fast pace. In the past few months, it has continuously gained users who have migrated from Ethereum (ETH) and EOS.

It is offering the blockchain which supports decentralized applications and smart contracts. It is promising that the blockchain on offer has complete scalability as well. Owing to this very reason, more and more developers are switching over to Tron (TRX). The question is whether along with all of these features, it does offer scalability or not. If it is not able to provide scalability along with all of these features, these features will be worthless for the developers. Blockchain requires almost instantaneous transactions. Only when that is the case, it is easier for the developers to build applications which can last for a long time. That is why, while currently there might not be any educational use for Tron (TRX), but it needs to ensure that it remains that way.

Only when Tron (TRX) can handle the load through its blockchain without any kind of loopholes or vulnerabilities, it will continue to grow. If there is a slowing down of the network or if there is a lag, the reputation of Tron (TRX) will get hit in the same way as Ethereum (ETH). It is time for Tron (TRX) to provide a seamless alternative to Ethereum (ETH) and EOS if it wants to survive the hype which it has created.

About Riddhi 224 Articles
I am an electronics engineer and follow the crypto space closely.

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