The Potential of Tron in Powering Web3 Infrastructure Development

in hive-183397 •  16 days ago 

I have actually come to discover that the web3 is the future of internet whether we like it or not. In fact, even though it might look like we have not yet migrated from web2, I can boldy say that we are almost done with the web2. Web3 is the future because it comes with the Decentralisation system and the fact that it offers privacy which is something web2 is not able to offer.

Web3 has a lot to offer not only to the internet space but also the digital world and I must confess that we are just beginning. There is this particular Blockchain that has been able to rise up and which have become a massive key player in the web3 and that is the Tron Blockchain. The Tron Blockchain network is the one that is partnering with web3 to create massive development.

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When I was studying Tron technical capabilities, I have actually come to discover that Tron works in a way whereby it makes it fit for web3. Let me start from the ability of the Tron Blockchain network to process huge transactions per volume. The last time I checked, Tron Blockchain can handle over 2,000 transactions per second and that is much more than other Blockchain networks system like bitcoin, Ethereum and others that we know of. Not only that, Tron Blockchain network also comes with low transactions costs. With the Tron Blockchain, the transaction fees is so low which encourages investors to make use of it for transactions also.

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[Image Source](A futuristic representation of Tron’s smart contracts as glowing circuits forming connections between users and services. The visual should emphasize security, efficiency, and seamless interaction within the Tron ecosystem)

In recent years, I have actually come to discover that both Tron and the Decentralised finance which is called DeFi sometimes also shared a whole lot of things in common. DeFi is used in web3 and in recent years, the Tron Blockchain network system plays a crucial role in the aspect of DeFi. For the past two years, we have seen platforms like the Justswap, the sun.io and many more rising to help enhance Decentralised trading activities a nd more financial services carried on the DeFi. Services like lending, and even yield farming also.

The fact that Tron Blockchain network also allows dApps which is called Decentralised applications to thrive is also something that stand out. There are platforms like Bittorrent which allows developers to create apps that can help the interaction in the Blockchain network. Then lastly there is the aspect of smart contracts. Tron smart contracts is much more efficient than others people.

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  ·  16 days ago 

@tipu curate