what is TRON? it's 10 on the list
Discussion
All I know is Tether sometimes uses it over Ethereum for better fees.
what do you mean?
It seems like an Ethereum fork?
yeah that makes simple sense and that's how I initially recognised Ethereum because of the ERC 20 token; and tron had the same format so I assume it's just a fork and not a entirely new, from the ground up blockchain ecosystem
Centralized layer 1 with extremely low fees used heavily for USDT
is it run by Tether?
what do you mean heavily used? as opposed to what? what are people using USDT for? and on what network?
I've sent USDT via the binance network, that was cheap and instant- so why a whole network just for this it makes not sense?
is it like an ETH bridge?
USDT is Tether yes.
They can issue on any chain they have integrated with.
The chain, L1, is called Tron and has been around for a while. Native token is TRX I believe. Probably has many βuse casesβ but I think most of the volume is stablecoin transfer.
Many people in Argentina for example, use it from what Iβve seen on the YouTubes.
very interesting - thanks for the info!
Justin Sun, stable coins
what is a Justin Sun?
I thought it was just a Ethereum fork?
Its a fantastic movie from the 80s π
