TRON’s CTO calls it quits. Proclaims Tron to be “highly centralized.”
- Chen alleges that TRON is highly centralized breaking pattern from its decentralized project.
- Chen is currently working on his own project.
Lucien Chen, TRON’s co-founder, has recently left the company’s position of CTO alleging that the company is highly centralized breaking pattern from its decentralized project. Chen wrote in a Medium post:
“The reason for leaving is very simple. As a technical man, I feel very sad that the TRON has departed from the faith of ‘decentralize the web’ ”.
Addressing TRON’s divergence from the initial objective of creating a decentralized internet, Chen said,
”The DPOS mechanism of TRON is pseudo-decentralized. The top 27 SR nodes (block nodes) have more than 170 million TRX votes, and most of them are controlled by TRON. It’s hard for other latecomers to become the block nodes so they cannot participate in the process of block production.”
He asserts that more than 90 percent of the votes on TRON is controlled by only a handful of nodes with only a few voters.
Chen further said:
“The spirit of the blockchain is decentralized, while TRON project is centralized. Token distribution is centralized, Super Representatives are centralized, code development is centralized. Even the community is organized under centralization. No diverse voices in TRON ecosystem. The whole project has developed into a monetary tool without any ‘decentralize the web’ spirit.”
Chen is currently working on his own decentralized project called Volume Network which will follow the principles of blockchain and will focus on mining-based decentralization.
Author
Rajarshi Mitra
Independent Analyst
Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.
