Bitcoin Forum

Former Co-Founder and CTO of TRON has left TRON with many allegations and starting his own project, what is the faith of TRON in the cryptocurrency world?

Secondly, Do you see the move of the former CTO as a good one?

See the full story: https://www.cryptoinformers.info/news/130-why-i-leave-tron-former-cto-and-cofounder (https://www.cryptoinformers.info/news/130-why-i-leave-tron-former-cto-and-cofounder)

Ah, well, I think it is a normal situation to create more projects and more projects after making success earlier project. But, beside that news, I think it there will be dump for the price.

The pattern keeps the same: create a currency, mine billions of tokens in your own pocket, hype it so others buy into, sell your tokens and watch the project slowly dying. Repeat with another coin. Want it TRON were a large part of their WP was just copied from other coins?

Tron was never decentralized, right? I find this article pretty entertaining: https://www.coindesk.com/ex-tron-cto-denies-founder-justin-suns-accusations-of-embezzlement-bribery

Indeed, and newbies always fall for the same modus operandi again and again.

This cycle always happened so many times. When they are thinking if they can create a new platform that will have owned by them and they will do that for money. Remember what was happening with dan Larimer and that story looks similar. They have known if they can't be a billionaire caused by tron was owned by Justin. Remember Justin created bittorrent ico for money purpose only.
Just curious about when this cycle will end.

As far I seen justine sun one of the best marketing person in crypto world . Every small news he was creating hype . Now how he will handle this situation his own CTO left company for starting new project. Again it’s common in crypto space ethereum co founder started cardano with lots and f hopes.

 still don't understand why we keep seeing splitup in crypto world these days I wonder how the tron team was formed in the first place ,I mean how can the idea of the CEO different from the CTO that will make then split? I don't think this is a good idea at all but if the project the CTO wants will be better I will be glad to join

yeah, but depends on that news, Co-founder & CTO will leaves Tron and create his own project
just like before, when a project become succed in the market, usually a part of the team member will create their own project
i never think if this will happend on tron, but the fact, yes its happend !!
maybe a little dump will be happend on tron price

If they are popular enough, they will also be able to drag forward. In the market where the hype is enough, these businesses always circulate. A popular name can escalate shitcoin to the desired location on the market. Lets wait...

Tron is the best case of Binance. It grew along with the exchange. And managed to stay on top. It is clearly a centralized project that acts as a company. This kind of news would make me happier if I had the courage to do a short on him some time ago.

Noobs who havent heard about Tron will believe anything they found in the internet.

https://ambcrypto.com/tron-foundation-on-lucien-chen-chen-was-a-technical-leader-not-a-co-founder-was-dismissed-for-fraud/

Lucien will just create another centralized coin even bitcoin isnt decentralized.

No dpos chain is decentralized, heck even Bitcoin isn't. The majority's consensus decides the outcome.

This two articles are good read, if you are interested: https://blog.greymass.com/eos/@greymass/inflation-centralization-and-dpos

https://coincrunch.in/2019/05/14/how-social-consensus-saved-bitcoins-integrity-after-binance-hack/

I'm wondering how the withdrawal from the project  of the technical director will affect the TRON coin itself? I would not want this coin to start losing its popularity. I participate in some ICO projects that are held on the platform of this coin, including 888Tron, and had the intention to exchange some tokens for this coin. Is it worth it then?

That's some stupid reason in my opinion. He claims "TRON is not associated with internet." The platform was built by him and he knew it from the beginning. Then he has problem with it now? That's not a valid reason. I see something else is going on.

This is really bad news for TRON lover and also for crypto community because TRON is the big one in this space. Everyone has his own viewpoints so in a team it is usual when there are inconsistencies. They can't deal, some leave. I'll wait for their new project.

That's the sad part of this investment venue, but it's a reality that still ongoing around the market, from what we are seeing right now, wise investors are
no longer buying any drama like this, most of us are now being careful to pick projects that we fully understand, we are seeking for good opportunities and not just to buy some news like this anymore, whatever the decisions this former founder have in mind, he's going to take the risk of his credibility.

Observed and not to fall right away, keep reviewing before taking your position.

It's all bout personal interest of course. If the former CTO no longer share the vision of the Tron project, then it's only right to leave. I'm not particularly interested in Tron but I'll follow what this former CTO does next.

I don't really know what's going on with this projects this days,  I believe this was why satoshi decided to be anonymous in order to avoid all this kind of crisis to occur, what do they want people to think when they CTO of a powerful project as tron left the project in order to create his own, we don't even know is reason for creating is own whether it's for a good course or for a bad course, let's just keep watching and see what I'd now the faith of tron.

Everyone trying to make money for themselves, i guess that is the issue at hand. I am not surprise because things like this has been happening and will continue to happen in the crypto sphere.

What assurance do you even have that he is the main developer of the platform, because when we talk of the person that built the platform, we are talking of those who have the technical know how.

There is no way he alone can single handedly built the project, he Is just a business partner and if he wants to leave, he is free to do so, let’s see how far he can go, I am very sure that no matter how, he can still never be as perfect as the original project they all developed together as team. It will still take him time for whatever project he is working on to get awareness while TRON continues to be properly maintained.

I don’t think this type of internal crisis will have much effect on Tron, because the person leaving might be part of the people that has the idea, but he is not the real technocrat that worked on the project, as far as other team members are still there and the technical developer, the project will continue to move forward.

The project has already been established and there is no way the community will have a change of mind about the project because of one man, when it is not the man they are investing in, but the project itself and the product for the profit they will get from it.

This is no doubt a bad news for those who have been pretty much impressed with Tron. I think this reflects unprofessional and that will hurt the trust of people in the crypto. When it comes to co-founders, you have to select them with very calm mind because they are like life partners you have to spend the rest of your life with. I hope the departure does not affect the community.

Tron is torning apart after their mainnet launch. Investors and followers were excited about Tron when they shifted to their own block chain but they could keep the pace of development. There are some dapps built but none had any success and all suffered some sorts of problems that kept new developers from chosing Tron for dapps.

It's thesame in real world - not peculiar to crypto world.
I have seen lots of new companies created to copy a particular brand or without a solid/viable products... they ended up failing in a short time.
Most owners of the companies did not build the companies all by themselves.  They got some funds from investors, borrowed from banks, from friends, family and relations.  The investor's funds or borrowed fund definitely made most of them wealthy in some ways or made them live expensive lifestle. These real world startup failures are hardly talked about and there are loads of exmples.

it only says that there is no permanent in this world..  ;D.. hope his project will success, though its not easy..

I do not think that this could adversely affect the future of TRON. I believe that Justin Sun will continue to create one of the best blockchain platforms in the world. I think that the TRON price will be able to grow 10 times.

He is making a big mistake, Tron is not successful because the product. It is no better than any other platform, even NEO is better than TRON. However, NEO doesn't have Justin Sun king of marketing and he makes it successful

If he's going to create another shit coin to compete with ethereum then he may probably end up like fake-toshi.. lol.. if you know who that is

This is one thing about blockchain technology which I like most; that is it enlightens developers and enable them to be more. In my own opinion, if the platform isn't working according to what he had in mind, he is free to leave and open his own while continuing the developement of his idea which will contribute to the growth of the crypto space.

It's probably not very good will affect the TRON, but very good it will affect his new project. I don't know what's going to happen in the end, we need to watch it.

This is indeed a bad omen. I have seen countless times where the original developer team fractured and created offshoot coins that compete directly with the original one. The coin's market was cut in half, including developer resources and community. Each new coin fork became a shadow of its former self.

To me I don't see this as any issue what will affect Tron any way, Moreover there are many experienced developers who can assume his position to ensure the platform keeps growing.
Also, i believe if he opens his own blockchain platform, he will work on the limitations he found in Tron all in a bid to ensure an amazing blockchain world.

This all boys down to greed.. Everyone wants to be CEO and found a blockchain startup of their own. Makes no sense in my opinion, and I just hope it doesnt do much harm to the price of trx

IMO, his action is  adventurous as by doing that he  discredits TRON that makes its mass adoption increasingly more difficult to achieve. Regardless, let wish him to avoid a bad name in cryptoworld.

As an investor, this might just be good for me because one I thing I now know for sure is that he's experienced, connected and intelligent to make his coin a success. Early birds will definitely earn good profits

In life we all have aims, so when since he is Tron and his aims wasn't achieved, I don't see him leaving to start his own project a bad one, instead it will bring more exposure to the crypto space. This is because, there are things he has learnt and by putting them to work he will also create an outstanding project altogether.

There is no end to it. each project is trying to uncover another project. Those who left Ethereum got tens of projects. Now one of them, for creating their own project to leave Tron. Where is this going to end? No more projects we need I think.

Tron has been having so many news the founder keeps on keeping their project hype,
I wonder how would this affect the price would it drag down the price?
And it is true there are so many alt-coin that is greater than Tron.

Why is there so much hype in the market about TRN or TRON nowadays? Is tron really doing bad at the moment? I think it is not the best idea to leave the coin that help you to understand the market better, what is good is to stay on the company and help the TRON reach its success rather than to create another one, it will not going to help.

I have read the article and I do not think it is a bad idea for someone to follow his dreams.
From his Article and potential project, I think if he goes for his burning desire he will surly achieve that which he believes Tron wasn't able to achieve, which is complete decentralization (according to him).
Also, I believe Tron have good developers, although he will be missed but Tron will still get over it and continue building their platform.

I think this will impact negatively in TRON's ability to fulfill its goals and if indeed this story is true and TRON's CTO is telling the truth, then I'm afraid its stakeholders would think twice if they would go on supporting it since these are very damaging issues brought out by the CTO which is contrary to what TRON is trying to portray among the crypto community. Imho.

2. TRON is not associated with the Internet.
 The technology platform of TRON was built by me. I certainly know that the real Internet applications cannot function in TRON network at all currently. The TRON ecosystem is still far from commercial applications


LOL this tells everything. It is similar what that Bittorent old CTO said. Tron is just doing a lot of not logical things. They have money and can afford. Tron is blockchain art. Dali of blockchain. :P

I don't like the TRON coin, I never believed in the bright future of this project.

It's always bad when a professional leaves the team, but as we can see, it almost did not affect the price of the coin.

To my mind each cofounder of biggest blockchain can create something special and due to his experience and name, his idea will be on a hype, so I bet he will create something special

Tron is a successful project with a lot of community but personaly I dont like how Justine speak in the twitter I'm not a hater of tron beside I earn a good profit in this project. Well I'm not suprising in this news regarding for the leaves of CTO and to create new project but its hard to build new one to make people satisfy to your project.

It is normal to leave projects and start up a new one but on the other hand, it's not supposed to be. That is why we have so many undeveloped project in the crypto space, projects without value cos instead of developing and building a strong project, all these team and developers want is to cash out on a project and start another.

If you are in a business or project and it's not working according to what you had in mind before joining, nothing stops you from quitting to start yours.
So the CTO leaving to start his own project shows he really want to work on his goals which he still believes in. So, I don't think it will cause an issue..

This is a bit alarming if the allegations are true and it will not help the project but if we see other projects we can see that if the project and coin is real then there is not much negative effect on the coin if some people leave the project because they are replaced by new people so does not make much difference, in case of tron we will see what happens.

Greed is still the main driving force of most of these developers and not the tech for a better future. Well, I don't blame the CTO for leaving having being the integral part of Tron success and probably earning x10 less than Justin

It is true, since it came from the CTO of TRON himself.  Anyway, each person have rights to go for what he believe in.   At some point they share a common goal so they united to launch TRON and since they have an opposite idea now, it would be catastrophic for TRON if CTO stay because he won't be performing his duty at his best, so the best thing is to leave TRON and follow what he desires to create.


Sometimes it is not about the money but the belief and the vision you wanted to happen.

I think this is normal news. this is normal if one or two people leave the project. and that doesn't mean the project will die, you can see ethereum. eth has been left by some developers but they are now even better than before. so the point is not to be too pessimistic just because someone is out of the part of the project team.

What will happen is that TRON will turn out to be an expensive experiment - a proof of concept that showed potential but still cannot be use for practical purposes. I bet other blockchain projects will cannibalize concepts and code from this "experiment."

He has good reasons in leaving the TRON project but I wonder if he's goal in which to rebuild a new TRON will likely to become successful though he has some experience already on how to market the project correctly. Still, I am curious on what his team will comment about his departure.

Especially that he pointed the three reasons why he leave the project. Like Tron is no longer decentralized, TRON is not associated with the Internet and TRON has deviated from the spirit and original intention of the blockchain. As I am pretty sure that these reasons will surely affect the current project.

Same here, but I do trade TRON for profit  ;D.  Emotion must be set aside when we are trading, every professional traders knows that  ;)(though I am not one of them just adopted that ideology).



They have money, they can manipulate the market.  The reason why price is almost not affected.

Interesting spectacle and story, I was very excited to see their competition, whether Tron or Volume Network would be the winner and the best. I hope Volume Network can be a worthy challenger and can reach the top 100 coins just like Tron.

Hi lobat. Can you please contact me in private ? I can't send you any pm.
Thanks.

One thing i am sure of is if the co founder crested a new coin that new coin will surely become better than Tron. Usually if s team member leave a team and decided to create a new team there first target is to be better than the old team. Same in crypto. Co founder will create a better Tron to make Tron fall more.

I am not sure if the new coin will be better than TRON but I am damn sure that there is a conflict in the company and in the management team as a result of which a co-founder who is basically someone responsible for all the operations has left. If this thing is not settled, we will get TRON loosing all it has now. In addition, people will loose the money they have invested in it.

This is just another case of break up among team founders and developers. This is very common especially if huge amount of money is involved. Also, misunderstanding and indifference in their ideas and management. Instead of thinking how to upgrade TRON, he decicided to creat something of its own.

In as much as that it's good to be your own boss and create something unique which anyone in the trons CTO would do including me. But I don't think this is good thing for tron

I fully agree with you, because Tron has not yet achieved those results when he can act fully.  And At this stage, losing one of the main defendants who made this project really good is very bad for further development.

not really, losing one or two people will not be too influential. as long as the project is still developing, it will get better every day. You know this is normal, even ethereum has lost their best person, because they want to make their own projects.

so this is normal for me.

Well that is right that loosing one or two guys in the management team might not matter for there could be alternatives but it definitely has an impact in the work place. There would be concerns among the rest of the employees which might affect their performance. In addition, the price of TRON has dramatically fall down and I am not saying that it is due to this very reason but yeah, there might be an impact.

Justine Sun deserve that ;D ;D ;D.. maybe the co founder think its better to do my own project rather than with justine sun ;D ;D (honestly i dont like justine).. its a competition between the two

He might probably have a better idea than trons he wants to actualize, time will tell if he took a good or wrong decision. Hopefully it's not going to be a copy paste of another project, i would prefer a new idea.

may not have a big effect considering that currently having exchanges with large volumes every day and having very large capacity might be good news if the co-founder who did the fraud left tron ​​I thought

I do not find these that horrible, people need to grow themselves as well after they have contributed enough to a project. You can work at a place as the CEO or the janitor but if you feel like you learned a lot from that job and ready to move on than you can quit and work on the next thing. I have never been promoted in my life before, anytime I felt ready I just found a job above my current position and quit the current position to go work for the higher position, so it was "promotion" but it was thanks to switching jobs.

             Probably not soon. The market is constantly arriving newcomers who do not know the state of affairs. They do not give the prices of junk coins / tokens to fall to zero. The founders of many blockchain projects, after how they receive financing and profits, immediately rush to invest this money in other projects, including their own competitors. Chasing easy money is the only thing that interests them.