Vitalik calls Tron a scam in interview

[bttmember]

That is because some lines in the tron project's whitepaper were copied from Ethereum network's whitepaper, so the realization of this fact is that tron should not have copied the whitepaper, although i do not think tron is a scam but vitalik's perspective was based on the plagiarism in tron's whitepaper.

[Yaunfitda]

Well Vitalik being Vitalik, he made a lot of controversial comments before so I don't think that we can made a big fuss about this one. Its his opinion, and maybe he smells something that we can't because for all we know he is ETH man himself. Maybe blurting out in public is not his real strengths but we love him to saying what he really thinks no matters who's going to sideswipe with his comments. Anyone can argue with him, but I wouldn't take him seriously though. If I wanted to invest on TRON then I will do it no matter what people says.

[paxmao]

“There’s projects that never had a soul, that are just like, ra-ra, price go up,” he flaps his long hands, “Lambo[rghini], vrromm, buybuybuy now!” Then he blurts, “I’ll just say it, Tron is a scam”, breaking the tension by laughing uproariously. Tron is a token whose market valuation hit $17bn without any discernible product.

http://www.cryptoscoop.io/2018/04/ethereums-vitalik-buterin-on-the-bitcoin-bubble-and-running-a-125bn-blockchain/

Thoughts this was interesting to read and I love Vitalik's attitude of being so direct.

What do you think? Thoughts? Comments?

The worst thing is that if it falls everyone will be saying that all icos are scams and crypto is tulip-mania... and all that because too many people cannot accept they should not be investing.

[hesham51]

I think we can perceive this as Vitalik's perspective it's not the truth ,it seems no body has the truth in this industry

[cryptohunter]

most of the top 50 are obvious jokes, but the joke is on the noobs that bought these tokens

icos can generate huge fake caps due to terrible narrow distributions and dumb ass noob fools with their fomo

[Conasse]

I think he is trying to be a bit harsh, most of the projects are still under development so you cannot call them scam, i think he is dealing rudely with tron just because they were comparing tron with eth and were trying to prove that tron is superior as compared to eth, lets wait and see what services tron will come up in the future.

Not the first time Vitalik has this attitude if you noticed. He takes often the opportunity to be rude with different projects.

[XinXan]

That is because some lines in the tron project's whitepaper were copied from Ethereum network's whitepaper, so the realization of this fact is that tron should not have copied the whitepaper, although i do not think tron is a scam but vitalik's perspective was based on the plagiarism in tron's whitepaper.

Not only the whitepaper, other things have been found to be copy pasted too. Now, obviously that doesn't make it a scam directly but it's definitely some shady behavior. At least laziness. Their excuse was also pretty bad, personally I just don't see why anyone would invest in Tron at this point, risk:reward  ratio is not there.

[Transformbitz]

Vitalik is a genius guy he knows what's good for the ecosystem some Altcoins made a lot of money without any services that offers for the future smart contracts. Well TRX or Tron is really scam for me they have nice CEO and community but can't even deliver what's written on the White paper.

[d5000]

Wasn't it TRON were most of the whitepaper was copied from another ICO?
Anyways, no working product, no roadmap, nothing. TRON only lives on hype which is very dangerous in my opinion.

Tron's whitepaper has been described, in part, as a copy of the IPFS whitepaper:

https://www.reddit.com/r/Tronix/comments/7ovwyu/my_analysis_of_the_tron_whitepaper_v17/

IPFS is an open source project without blockchain which enables files to be saved in a "decentralized cloud", very similar to a BitTorrent swarm, but with some important improvements like versioning. It could be one of the base technologies of a "decentralized web".

A blockchain connected to IPFS could help with some issues like data integrity and content monetarization. Some of the IPFS developers wanted to profit from their "baby" and started the Filecoin ICO, their plan is that Filecoin could be this blockchain.

So Tron, basically, is a competitor to IPFS&Filecoin.

Tron's way to do things seems to be, however, "first marketing & partnerships, then tech". Well, their advantage is that they can use IPFS code as it's open source, so they skip the development work of creating an own "decentralized cloud". So I don't rule out that Tron, at the end, could be a success.

That's why I myself wouldn't call it a scam still, although I wouldn't invest in it.

But that their way to do things (e.g. plagiarizing IPFS without mentioning it in their whitepaper) is morally questionable and maybe even illegal, is another issue.

[zorko34]

I agree with Vitalik. Tron is too much hyped.
is a shit like EOS. it doesn't deserve that high market cap.

[moriadwarf]

It does not have a product an the market cap is huge. It is with all likelyhood a shitty scam like many others anyway.

[Biasaae]

Does Bitcoin have discernible products? And whether the product can guarantee a coin will have a more stable price? Maybe he is right, but others also say that Ethereum is a scam.

[tsaroz]

He's not wrong about tron but it's too early to call it a scam.
tron has been slow on the development side. While many newer infrastructure projects have came and launched their product, Tron is going through slow progress.
The launch of Tron blockchain will answer to most of the questions.

[oldmember2014]

Developing a blockchain project is not an easy task. It requires a lot of technology and a strong team and spirit. This is not something that a person can do by constantly propagating and imitating others. Projects that do not have actual application support will eventually die.

[MEMEX]

The possibility can happen, and even we can say it to all crypto. But if it's really a scam, chances are we will not see it in top10 right now.
If I buy a coin and can sell it at a higher price, I do not care what the name of the coin is.

[thirdkiller]

“There’s projects that never had a soul, that are just like, ra-ra, price go up,” he flaps his long hands, “Lambo[rghini], vrromm, buybuybuy now!” Then he blurts, “I’ll just say it, Tron is a scam”, breaking the tension by laughing uproariously. Tron is a token whose market valuation hit $17bn without any discernible product.
http://www.cryptoscoop.io/2018/04/ethereums-vitalik-buterin-on-the-bitcoin-bubble-and-running-a-125bn-blockchain/
Thoughts this was interesting to read and I love Vitalik's attitude of being so direct.
What do you think? Thoughts? Comments?

I have heard about that, but also I seen the people who just sold everything in order to buy Tron, so I am sincerely hoping for them that they would not get scammed, as Vitalik said...

[spiker777]

Wasn't it TRON were most of the whitepaper was copied from another ICO?
Anyways, no working product, no roadmap, nothing. TRON only lives on hype which is very dangerous in my opinion.

Tron's whitepaper has been described, in part, as a copy of the IPFS whitepaper:

https://www.reddit.com/r/Tronix/comments/7ovwyu/my_analysis_of_the_tron_whitepaper_v17/

IPFS is an open source project without blockchain which enables files to be saved in a "decentralized cloud", very similar to a BitTorrent swarm, but with some important improvements like versioning. It could be one of the base technologies of a "decentralized web".

A blockchain connected to IPFS could help with some issues like data integrity and content monetarization. Some of the IPFS developers wanted to profit from their "baby" and started the Filecoin ICO, their plan is that Filecoin could be this blockchain.

So Tron, basically, is a competitor to IPFS&Filecoin.

Tron's way to do things seems to be, however, "first marketing & partnerships, then tech". Well, their advantage is that they can use IPFS code as it's open source, so they skip the development work of creating an own "decentralized cloud". So I don't rule out that Tron, at the end, could be a success.

That's why I myself wouldn't call it a scam still, although I wouldn't invest in it.

But that their way to do things (e.g. plagiarizing IPFS without mentioning it in their whitepaper) is morally questionable and maybe even illegal, is another issue.

I really don't think they straight up plagiarised the paper, and also plagiarism is only illegal if the source file is copyright, which is probably unlikely otherwise I doubt TRON would have done so. All cryptos are just amalgamations of other crypto concepts or coins, the first innovation was Bitcoin, the second was Ethereum, everything since is a copycat with spinning rims.

[d5000]

I really don't think they straight up plagiarised the paper, and also plagiarism is only illegal if the source file is copyright, which is probably unlikely otherwise I doubt TRON would have done so. All cryptos are just amalgamations of other crypto concepts or coins, the first innovation was Bitcoin, the second was Ethereum, everything since is a copycat with spinning rims.

I cite my source again ... draw your own conclusions:

https://www.reddit.com/r/Tronix/comments/7ovwyu/my_analysis_of_the_tron_whitepaper_v17/

They did not copy the whole paper, but some key concepts were taken out of the IPFS whitepaper.

That would not be a problem if they made that clear, i.e. cited IPFS as a source. And as IPFS is an open source, free software project, they can use the code like they want while respecting the license.

But for whatever reason - maybe simply negligence, but it would be worse if they intended to pretend they invented key IPFS concepts - they omitted to cite the IPFS paper as their source. In most countries, all texts with some originality are copyrighted. If you cite larger sections of an original paper, you must refer to the source, otherwise it's plagiarism and illegal.

In contrast, Ethereum's whitepaper mentions Satoshi's Bitcoin paper several times and cites it correctly, like it's standard in the academic world.

[thirdkiller]

Anyway from what we have seen yet, we can see that the people are beneficial from Tron, and yet it is not uncovered as a scam scheme, but everything can happen, so I`m aware of it by myself.

[XinXan]

I really don't think they straight up plagiarised the paper, and also plagiarism is only illegal if the source file is copyright, which is probably unlikely otherwise I doubt TRON would have done so. All cryptos are just amalgamations of other crypto concepts or coins, the first innovation was Bitcoin, the second was Ethereum, everything since is a copycat with spinning rims.

I cite my source again ... draw your own conclusions:

https://www.reddit.com/r/Tronix/comments/7ovwyu/my_analysis_of_the_tron_whitepaper_v17/

They did not copy the whole paper, but some key concepts were taken out of the IPFS whitepaper.

That would not be a problem if they made that clear, i.e. cited IPFS as a source. And as IPFS is an open source, free software project, they can use the code like they want while respecting the license.

But for whatever reason - maybe simply negligence, but it would be worse if they intended to pretend they invented key IPFS concepts - they omitted to cite the IPFS paper as their source. In most countries, all texts with some originality are copyrighted. If you cite larger sections of an original paper, you must refer to the source, otherwise it's plagiarism and illegal.

In contrast, Ethereum's whitepaper mentions Satoshi's Bitcoin paper several times and cites it correctly, like it's standard in the academic world.

But it seems that they copied different things from several other projects not just one:

https://bcfocus.com/altcoin/tron-trx-developers-plagiarised-code-from-other-crypto-projects-researchers-allege/16077/

''They apparently plagiarised code from Ethereum among the other projects and then changed filenames. It was done so that identifying the source of the code becomes difficult''

That seems pretty shady to me.