Tim Berners Lee is widely considered the father of the World Wide Web. But while his invention did transform the internet, he doesn’t like the direction that it took. Too much power is concentrated in the hands of a few corporations. That’s why he has been leading a movement that is trying to decentralize the web. The fact that the father of the web believes in a decentralized web is a validation of Tron (TRX)’s goal of decentralizing the internet. But given that Tim has not yet succeeded in decentralizing the web, can Tron (TRX) succeed in doing so?
Well, looking at Tron’s core fundamentals, there is a good chance that it will succeed in decentralizing the internet. First, Tron made a strategic move in purchasing BitTorrent, a decentralized content platform that has hundreds of millions of users. Since Tron is monetizing bit torrent through Tron (TRX) rewards for seeders, it stands to draw in more users, thereby placing it on a solid path towards decentralizing content distribution. Since content distribution is the biggest aspect of the internet, it then follows that Tron is a few steps away from its goals of decentralizing the internet.
Soon, Tron through BitTorrent could see the rise of decentralized platforms that rival centralized platforms like YouTube in terms of content upload and download speeds. Since platforms like YouTube are a big part of the centralized web, beating them would see Tron (TRX) emerge a success in decentralizing the web.
Moreover, Tron has the technical capabilities to decentralize the web and do so efficiently. For Tron to decentralize the internet, speeds need to rival those of current systems that rely on centralized highly efficient servers. Tron’s network throughput dwarfs that of other blockchains including Ethereum (ETH). As the network continues to mature, it will rival those of centralized systems as well.
For instance, by rewarding seeders on bit torrent, Tron incentivizes them to dedicate more bandwidth, which in turn makes download and upload speeds extremely fast and efficient. It won’t be long before Tron’s network throughput rivals existing systems. At that point, it will have succeeded in decentralizing the internet.
On top of the advances mentioned above, Tron (TRX) also has bounties aimed at finding bugs in the network. This means that it will have 100% uptime, and with minimal security threats since it is decentralized. This makes it quite attractive for the launch of all kinds of high throughput applications. Once Dapps begin populating the Tron network, it will be a success in the goal of creating a decentralized internet. It will be a scenario where you can access all your favorite applications without having to worry about trusting a centralized third party with all your information. Clearly, Tron’s goal of decentralizing the internet is taking shape, and it looks set to succeed.
From an investor standpoint, this is a real incentive to believe in Tron (TRX) as an investment. That’s because once everyday applications start running on the Tron blockchain, the value of the TRX token will soar. Tron has a good chance of gaining in value by a couple thousand percentages. Just to understand the magnitude of it all, just imagine all the mega-applications running on the internet as we know today, even with all its vulnerabilities. How much bigger would it get if all these applications run on an efficient and fully decentralized internet? It will be a humongous step to the growth of Tron (TRX) as a crypto investment.