Blockchance Cyber Parties
Price Analysis 19/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, TRX, XLM
Bitcoin (BTC) Is Up 6% Even As Sellers Eye $7,500
Behold the Latest Bitcoin Board Game, ‘Hodler of Last Resort’
Disgusted Bitcoin Trader Says Price Charts Mimic an Ugly ‘Penny Stock’
R3 Taps Software Sales Vet to ‘Evangelize’ Paid Version of Corda
Bitcoin Price Stuck in Tight Trading Range, BitMEX Responsible for...
Bitcoin Maintains Price Rally But Outlook Remains Bearish Until It Climbs Above $10,950
Oil Markets Could Save 30% With Blockchain, Data Gumbo CEO Says
Boeing Keeps Dow in Positive Territory as Stock Market Slides
Major Crypto Markets Report Mixed Signals, Gold Slightly Fell
German Central Bank President Shows Support For Libra, Calls It “Attractive” To Customers
‘Samsung Coin’ Trademark Filing Unaffiliated With Samsung
Stock Market Investors Should HODL Because Pros Can’t Beat S&P 500
New No-Fee Visa Card for US Crypto Holders Offers Rebates From Big Brands
Buying Bitcoin (BTC) at $8,500 is Best, Says Analyst
Nouriel Roubini Accuses Bit MEX of “Systematic Illegality”
BitMEX Being Investigated by CFTC As ‘Dr Doom’ Gets Salty Over Hayes Debate
Coinbase Quietly Pulls the Plug on Its Cryptocurrency Bundle Product
Apple’s Steve Wozniak Launches Blockchain Firm in Malta
Ripple (XRP) Poised For More Gains, Prices Rebound From Q1 Support
Top 5 ‘Dead’ Altcoins: NEM, BCC make the list
3 Battered Cryptos Are Flashing Bullish Signals
What the CFTC investigating BitMEX could mean for bitcoin and crypto market
Dr. Doom: Cryptocurrencies Encourage Criminal ‘Fraud and Abuse’
Justin Sun Slightly Bitter Over TRON CTO Leaving Projectopen_in_new
Even though TRON has been making ground all the place in this past year, that hasn’t stopped the Chief Technical Officer (now former) leaving the project.
It all began on 10th May when Lucien Chen announced his resignation from the project.
It wasn’t just that Chen left because he was offered a better-paid job or because he was relocating and was forced to change jobs but it was instead because he didn’t believe the project was doing what it set out to initially do.
Decentralise the internet.
So Chen decided to leave the project in order to follow his own dream to make the Volume Network, a truly decentralised platform.
Chen announced the news in a blog post on Medium where he is quite critical of TRON and he claims that they have moved away from the faith of ‘decentralising the web’.
“I am deeply sorry to see the project that has grown up in my hands has become like this. The dreams and visions that Justin told me have been ruined. After several months of thinking, I decided to start the Volume Network(VOL) Project. Why should I do the VOL project? What is the VOL project?
Volume Network is a truly decentralized blockchain project. This is the project I dreamed of when I first joined TRON.”
So after this news spread, people were anticipating Sun’s response.
On his official Weibo account, Sun said that Chen was just an ordinary employee at TRON and explains that in January this, he was sacked over several legal accusations.
“According to verification done by TRON’s discipline department, Z. Chen, J. Zhu, X. Xie had seriously violated laws and company rules with alleged corporate property embezzlement, bribery, non-compete violation, infringement of corporate trade secrets and intellectual properties, and had been fired in January 2019. TRON has submitted relevant materials to the justice department. Chen joined Tron in October 2017. Before he was fired in January 2019, he was an ordinary employee on the technical side and was not a co-founder.”
This comes as a bit of surprise as Sun tweeted this last year:
CTO Lucien Chen: “By adopting an enhanced DPoS consensus mechanism - TPoS - #TRON TPS is several hundred times of that of #Ethereum. TRON allows every token holder to participate in democratic elections, where one $TRX equals one vote.” ✌️ pic.twitter.com/5Jn4OxkV8x
Sun literally called Chen the CTO of TRON????
Slightly bitter are we Justin?