RE: RE: Musing Posts
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RE: Musing Posts

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8y

The problem with Tron is that it uses Proof of Stake, which is a bad consensus algorithm, because it leads to centralization.

As opposed to Proof of Work, where the most voting power is given to nodes that contribute the most hash power to the network, in Proof of Stake, the most voting power is given to the nodes with the most coins. This leads to nodes with the most money, speak large companies, governments and wealthy individuals having the most voting power.

This is the opposite of decentralization → centralization.

PoS can process more transactions per second than Proof of Work, but at the cost of decentralization. Tron brags to be so much better than Ethereum, because it can process much more transactions while not mentioning the fact that they have a centralized system. They are misleading their investors.

This is not the first time they have done that. Before, they plagiarized whitepaper, for which they even had to apologize.

Tron do not value honest communication and are misleading people. Not a good investment.