Beyond that it really looks like a rather simple pump and dump. If you click the "technical docs" on the front page you end up here: https://tron.network/resources?name=1&lng=en
There are 3 PDFs here. "What is TRON" is a 7 page marketing brochure that's about as technical as the MacDonald's menu. The "Design Book of TRON architecture" sounds a lot more promising until you see that it's 12 pages long. It's extremely high level and doesn't tell you anything of value. Finally you have the "TRON Protobuf protocol" which is 10 pages long and exactly what it sounds like.
In other words, business as usual in the cryptocurrency world.
It's not. It's just a pump and dump scheme with no solid tech at all. 60% of all tokens were given privately for example.
1 - https://finance.yahoo.com/news/exclusive-researchers-allege-...
I have been following all those and based on the numerous articles I have read they are pretty much all failed. Blockchain just doesn't make sense for that application.
The idea of a trustless, fully decentralized, scalable, redundant, anonymous storage market is pretty alluring, and I see no reason why it's not entirely achievable with current cryptocurrency technology.
I agree many of those platforms have issues, but from what I can tell those issues are mostly a result of the system's immaturity; not an inherent flaw in the idea of a decentralized storage system itself.
Here's my current take on each:
* Filecoin - Doesn't exist (yet). It's just a whitepaper; no actual software.
* Storj - Not actually decentralized (as currently implemented). Users need to go through a federated service (of which only one currently exists; the one run by the creators of Storj) to actually store their files.
* Maidsafe - I'm actually not sure. The developers of Maidsafe seem to be working on much, much more than just file storage, which means the project is very complex. In any case, the software is still too immature to actually use for real.
* Sia - This is actually pretty promising. A couple weeks ago I managed to upload and store a few GB worth of files on Sia for about $2/TB-month. Going to try using it for my online backups via Duplicati once I get a chance to play with it more. The core software is still pretty clunky though, and not recommended for production use.
* TRON - I have no idea. I haven't looked into it.
TRON is just garbage though.
That's literally it
This move is a clever circular reasoning where taking their hype-driven valuation and using it to invest in a company that will give TRON more credibility.
Can HN help me understand why TRON is better than the sea of competition (Sia/Filecoin/Storj/Maidsafe/etc)?
EDIT: corrected 'syllogism'