TRON Is A Good Example Of ‘Fake It Till You Make It”, Says Blockstream CSO

Tron (TRX) and its founder and CEO, Justin Sun, have been subject to a great deal of controversy since Tron was brought to market in September 2017. The controversy surrounding the project is unparalleled for a top cryptocurrency project and has resulted in a lot of drama among prominent individuals in the space.

In the latest episode of Magical Crypto Friends, Charlie Lee, the creator of Litecoin (LTC), Riccardo Spagni, project lead at Monero (XMR), WhalePanda, a Bitcoin influencer, and Samson Mow, the CSO of Blockstream, discussed some of the latest controversy surrounding Sun and his project, Tron (TRX).

Tron’s Plagiarized Whitepaper, Sun’s BotchedTesla Giveaway, and More

The controversy surrounding Tron (TRX) started right off the bat with the project’s whitepaper containing plagiarized code from Ethereum (ETH). The project and its founder, Sun, completely ignored this accusation of plagiarism and continue to push forward despite accusations.

As for some more recent controversy discussed in the episode, the prominent individuals discussed the fallout of Sun’s recent Tesla giveaway, where the Tron Foundation promised a Tesla to a lucky Twitter follower. However, Sun randomly picked a winner only to cancel the initial draw due to a failed video upload of the selection.

Sun did the draw again and awarded the second winner with the Tesla. The fallout of this contest was filled with controversy and outrage so Sun finally agreed to give a Tesla to both winners.

Another topic of discussion was about Sun’s keynote at Consensus 2019, in which Mow said Sun was a fine example of the saying ‘fake it till you make it’, and adding that “he [Sun] made it.”

Regarding another conference, the Token 2049 conference, Lee shared a funny story pertaining to Tron:

“[… I approached the booth [Tron] and I asked her […] tell me more about [Tron]. And then she was like, ‘you’ve never heard of Tron it’s a number-10 cryptocurrency on CoinMarketCap. I’m like no I’ve only heard of the top five and asked if she knew what the what the number 4 coin was and she’s like, ‘I don’t know what the number 4 coin is but Tron is number 10’.”

Do you think people will ever take Tron and Justin Sun seriously after all the controversy that has happened with them? Let us know what you think in the comment section below.

8 Comments

  • Steven
    Posted April 16, 2019 9:16 pm 0Likes

    Tron has all but gone from being decentralised to centralised

    You just need to look at their super rep process, you now see large holders just buy themselves in to the 27 and Tron and Justin sun own the majority

    It was a good idea but now you see that the only reason people vote is to get rewarded. That system can not continue if the price is to ever rise

    I have pulled my investment out and moved it elsewhere, If they were to change I may consider buying again but their vision of a decentralised internet is never going to work if they don’t put their house in order

    • CarbyneBolt
      Posted 5 days ago 8:16 am 0Likes

      I would take this article seriously but you only presented half-truths. It is your job as the press to give all the facts. Justin Sun gave out two teslas after he realized the communication error and you can’t blame the entire company because a lady who sat in a booth at a conference didn’t know the market caps. They are taught to tell people the info about Tron, not every other currency.

    • Michael Ruel
      Posted 5 days ago 10:36 am 0Likes

      Your a good. Sr are all elected. Your another deadbeat who wants to scare people away from the most productive crypto company around. No other company has hit as many milestones as Tron has. You sound like OAC believing your own fictitious facts. Tron will be in top 5 within a year. Go buy more litecoin see how that ends up.

      • Michaelrules
        Posted 5 days ago 10:39 am 0Likes

        Typo…should say ……..your a goof !!

      • Steven
        Posted 4 days ago 8:18 pm 0Likes

        you are right all are elected its just majority are voted by tron themselves also justin owns his node, btt, utorrent raybo, tronscan, trxmarket, blockchainorg SRS maybe a couple more if you think this is decentralised then you are free to believe what you want. its simple to follow the blockchain to see where voting funds come from.

        the rules in the sr listing states no user can run more than 1 node yet many are and taking rewards from being an sr and src

      • Steven
        Posted 4 days ago 8:24 pm 0Likes

        i dont need to buy more ltc btw i brought at the begining along with btc and live off profit, i dont play with money that granny gave me for a birthday gift

  • Leigh
    Posted April 16, 2019 9:23 pm 0Likes

    I am agree with the coment first. I do like trx but maybe we see lesser comparing to Eth and a coinburn there are too many coins

  • Nelson Rojas
    Posted 4 days ago 7:25 pm 0Likes

    Tron is one of the few Cryptocurrencies with a clear path to the future and concrete Applications in the present. Many other just claim about how could be their future but never become a reality. REMEMBER THAT MICROSOFT WON THE RACE AGAINST LINUX IN THE MASSIVE MARKET, just because had concrete benefits to users. That’s what it’s about.

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