Tron (TRX)
Fast L1 blockchain popular for USDT transactions — TRC-20 standard.
Tron is a blockchain created by Justin Sun in 2017 focused on cheap and fast transactions, particularly popular for stablecoin transfers.
Characteristics:
•2,000 TPS, 3-second finality
•Practically zero fees for USDT transfer (TRC-20)
•DPoS consensus — 27 Super Representatives (criticism: centralized)
Why Tron is popular for USDT:
•Cheapest USDT sending — ~$0.10–0.50 vs $3–20 on Ethereum
•Large adoption in Asia, especially China
•Binance supports TRC-20 USDT withdrawals
TRX token:
•Staking for energy and bandwidth (gas replacement)
•TRC-20 transactions use "Energy" and "Bandwidth" instead of gas fee
•DeFi: JustLend, SunSwap
Controversies:
•Justin Sun accused of price manipulation, sexual harassment (2023)
•Tron is preferred blockchain for illegal transactions (USDT on darknet)
•Centralized — 27 validators elected by TRX holders
TRC-20 USDT:
•Always check network before sending — TRC-20 and ERC-20 USDT are SAME token but DIFFERENT networks!