Tron is a very rare blockchain project. Forget the huge ambition it has to decentralize the web using blockchain technology. Forget that it would render central authorities on the internet powerless.
Forget that, if it has its way, Youtube will never dictate terms again to a video blogger because he will be able to monetize his content directly from his audience using TRX tokens. Forget the incredibly adept marketing. Forget as well Justin Sun’s charismatic leadership and reputation.
But remember this: Tron is, very probably, the only project in crypto that has always delivered every promised milestone in time. On top of that, every time that happens, the new technology works according to expectations or better. That’s probably what makes Tron the rarest community in the cryptoverse.
Tron has delivered several milestones throughout the year already, and it’s kept growing at a very fast pace even when the market has been going down for eleven months and the TRX price has remained stalled, probably because it’s pegged to BTC which has had a terrible year and threatens to go all the way to 3k in the following days.
This week is one of those that just make Tron’s achievements more evident. The network has surpassed 2,000 online nodes as of November 26th.
This is amazing news for Tron. This is an organization that’s barely older than a year and, in such a short time, it’s managed to become one of the most reputed projects in the cryptosphere. It keeps growing, innovating and making bold moves that make sense, like buying BitTorrent.
But in many ways, this is just the beginning. Think about Ethereum (which is the place in which Tron started before it became an autonomous blockchain). The gas price is high, the token’s value is low and keeps dropping, and the network has not scaled its speed to accommodate the needs of all its users.
In days or weeks to come, we could see a migration of fed up Ethereum users and developers who want and need to do their work in a different network where the digital grass is greener. They are spoiled for choice as Cardano, EOS, and Tron can all accommodate them, but some of them (if not most) will surely choose to move to Tron, which will boost membership, developing efforts and will promote even more growth.
As we write this, Tron’s Tronix (TRX) token is at $0.0149. It’s holding ground against the dollar as well as the Bitcoin. It’s ranked 12th by market capitalization (again, it’s been barely a year) at $984 million.
More big things are about to happen for Tron. As you read this, the Tron foundation is getting ready to deploy the mechanism by which it will reward BitTorrent users all over the world for seeding their content.
As BitTorrent gets integrated into the Tron blockchain, millions of old BitTorrent users will become new Tron users (maybe unaware) that will receive coins as an incentive to keep BitTorrent going. It’s expected that BitTorrent’s performance will increase as it joins Tron and, also, that torrent users will seed their files for longer periods so that they can rip the benefits. That will boost demand for TRX.
Image courtesy of Pixabay.