News

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.

Jeremy Wall

Jeremy is a financial writer and aspiring investor. He is also a cryptocurrency enthusiast that’s fascinated with blockchain technology and the financial markets. When he’s not researching and learning about cryptocurrency, he’s traveling the world with his dog and girlfriend.

Share
Published by
Jeremy Wall

Recent Posts

Is A Silicon City Tech Giant Behind BlockDAG Network As Its $11.4M Presale Outcasts Floki Inu Price Surge Amid BOME Fluctuation

With Floki Inu's next bull run approaching, investors are closely monitoring its innovative token burn…

1 month ago

BlockDAG Becomes Top Crypto Investment Choice with $9.9M Presale, Beating Fantom & Apecoin

BlockDAG (BDAG) has continued to stand out with its innovative presale strategy, offering early investors…

1 month ago

Render and Dogecoin Price Predictions Defy Expectations As BlockDAG Emerges as the Highest ROI Crypto for 2024

As we venture into 2024, the crypto market is brimming with potential for unprecedented growth.…

1 month ago

Solana’s 20% Trading Spike Sparks BlockDAG Presale Interest While Memeinator Presale Reaches Edge

This analysis contrasts the flourishing momentum of BlockDAG coin's presale against the backdrop of the…

2 months ago

CryptoGames Review: Bitcoin and Altcoin Casino

Ever wondered what it is like to experience the extravagant casino vibes in the comfort…

2 years ago