Tron’s ex CTO Chen Zhiqiang recently gave an interview with a China focused online blockchain journal – Block beats. In that he reveals some shocking relevation. According to Chen Zhiqiang, Tron is completely centralized and have deviated from the original intention of creating a decentralized internet.
According to Block Beats Chen Zhiqiang abruptly left the Tron Foundation to work on his own project. When asked about why he left the project, he replied because he noticed Tron had already deviated from the original intention of “creating a decentralized Internet.”
When asked about why he thinks Tron is centralized, he gave the following reasons,
1) The voting for supernodes is very low, and only the vote of few nodes count. Votes from normal retail investors have no difference at all.
2) Their blockchain is centralized, their token is centralized, their code development in centralized and their who project does not have a “diversified voice” which is seen on other decentralized projects.
3) DApps of Tron are nothing but fundraisers or gambling related. There are no proper applications.
Chen Zhiqiang said that in his view, the blockchain project of mining is the true spirit of the decentralization. Everyone can participate in the blockchain, and the reward is based on the contribution of each person to the mining block.
He also expressed the hope of lowering the threshold of mining so that people without GPUs or ASICs can enter the digital world of mining.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Cipher Mining: The Ready to Explode in 2026 Are you hunting for the next big…
South Dakota's Crypto Crackdown: AG Pushes in Crime Fights Imagine criminals using Bitcoin or Ethereum…
Why the : Bitcoin's Key Support Test and Altcoin Sell-Off The crypto world is buzzing…
What’s Driving the Stock Surge? Metaplanet (TSE:3350), a Japanese company once focused on hotels, has…
Introduction: Navigating the 2026 Market Landscape Markets never sleep, and 2026 is proving to be…
Vitalik Buterin's Dream: 3 Ethereum DApps Reviving True Decentralization Vitalik Buterin, the co-founder of Ethereum,…