Blockchain News

Is Tron A Scam? – Investigation Report By Flipside Crypto.

The recent report from Flipside Crypto takes a deep investigation of Tron [TRX] with the hope of answering an issue many critics within the cryptocurrency ecosystem have posed: “Is Tron a scam?”.

Tron’s Past

The report reveals by rehashing the Tron’s compromised technical white paper story – from the allegedly plagiarized white paper to the promise of the $20 Mln giveaway that was never fulfilled till date. However, the report comes an unexpected conclusion:

“Turns out, watching the active supply of TRX within the past 30 days reveals a really healthy and active ecosystem.”

Tron’s Present

The report adds that users are staking, both whales and regular users are employing decentralized apps, TRX is traded on decentralized exchanges, and both node operators and voters are getting rewards. Finally, perhaps, the foremost vital conclusion is that the TRX supply isn’t concentrated among a couple of big wallets, but however is evenly distributed.

Summing up its findings, the researchers state that Tron is “more real” than 90% of the blockchain projects they need examined:

“But what if that’s just the intellectual snobbery within the space focusing an excessive amount of on Twitter trolls, and not enough on TRON’s successful business model? The facts are there to prove that TRON may be a real business. Probably more real even than 90% of blockchains we’ve checked out .”

It is unlikely that the report’s positive conclusion will convince all the non-believers, but perhaps, this one case where an unanimous consensus isn’t required.

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