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Cryptocurrency News Articles
Justin Sun recommends storing large amounts of USDT on the Tron blockchain. What are the advantages of cold multi-signature?
Feb 24, 2025 at 05:48 pm
Justin Sun recommends that large USDT be stored in Tron blockchains with cold multi-signature. Its advantages cover many aspects such as security, transparency, cost, compliance, community support and market recognition.
In the world of cryptocurrencies, asset security is crucial. On February 24, Justin Sun, a global consultant of HTX and founder of Tron TRON, published a statement suggesting the use of cold multi-signature method to store large USDT on the Tron blockchain. This suggestion has attracted widespread attention, so what are the advantages of cold multi-signatures on the Tron blockchain?
Let’s first look at the comparison between USDT on the Tron blockchain and USDT on Ethereum. The USDT on the Tron blockchain, like the USDT on Ethereum, is completely recognized by Tether at a 1:1 ratio, which provides a basic guarantee for the security of assets. At present, Tron has issued 62 billion USDTs on the network, and its huge circulation also indirectly reflects its important position in the market.
From a management and security perspective, Tron has unique advantages. Tron provides native multi-signature capabilities at the blockchain level, while Ethereum relies on smart contracts such as Gnosis Safe. On Tron, multi-signature security is closely linked to the security of the entire blockchain. As long as the chain is secure, multi-signature settings are secure. In contrast, Ethereum's multi-signature solution poses additional risks due to smart contract vulnerabilities, such as the ones that have appeared in the implementation of Safe multi-signature.
The multi-signature transactions on Tron are completely transparent on Ledger, which is another big advantage. This transparency avoids the risk of blind signing on Ethereum, where signers on Ethereum may approve malicious transactions without their knowledge. Tron's transparent transactions greatly reduce the risk of wallet ownership being leaked, allowing users to know the details of each transaction clearly.
The security of cold multi-signatures is a highlight. Cold storage means that the private key is not connected to the network, greatly reducing the risk of being hacked. Multi-signature requires multiple signers to jointly authorize the transaction, further increasing the security of the asset. Saving large USDT on the Tron blockchain with cold multiple signatures is like adding double insurance to assets.
From the perspective of transaction costs, Tron also showed advantages. The Ethereum network often faces congestion problems, resulting in high transaction fees. The transaction fee of Tron Network is relatively low and the transaction speed is faster. For storage and transactions of large USDTs, lower handling fees can save a lot of costs, and fast transaction speed can also allow users to seize market opportunities in a timely manner.
Tron is also working hard on compliance. As cryptocurrency market supervision becomes increasingly strict, compliance has become an important consideration. Tron actively works with regulators to ensure that its ecosystem complies with relevant regulatory requirements. This provides a more stable policy environment for large USDTs to be stored on the Tron blockchain, allowing users to avoid worrying about asset losses due to compliance issues.
From a community support perspective, Tron has a huge and active community. Community members are actively involved in the development and maintenance of the project, providing strong support to the Tron ecosystem. This means that storing large USDT on the Tron blockchain allows users to obtain more technical support and community resources, and can be solved in a timely manner when encountering problems.
Tron’s technical team is also continuing to innovate and optimize. Continuously launch new features and upgrades to improve the performance and security of blockchain. For example, the further improvement of the multi-signature function makes it more convenient to operate while ensuring the security of assets. This continuous technological innovation provides more reliable technical guarantees for large USDT storage.
In terms of market recognition, Tron's influence is also expanding. More and more businesses and institutions are beginning to recognize and use the Tron blockchain. This not only increases Tron's market share, but also improves its stability and reliability. Large-scale USDT stored in Tron blockchain can better integrate into the market ecosystem and enjoy more market resources and cooperation opportunities.
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