Justin Isn't Out Of Tron, Ignore the politics...

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Whether or not this actually means decentralization for the Tron foundation is what I'll leave for the community to decide, however, it's rather not so sad to see a criminal shamefully step down as a leader with a failed mission. One thing we can't argue about is that the Tron blockchain has had a great impact on the cryptocurrency industry, it's capacity placed it in a position of most utilized networks with a daily USDT volume above $10 billion and a total assets over $60 billion. That's insane money of course, but with time, having had numerous developing networks ranging from layer 1 (Avalanche and Solana) and layer two ( Polygon) blockchains, transactions fees and transaction speed has far become an easily attainable want.

In recent news, Justin Sun Leaves Tron For WTO Amid Massive Reorganization Of The TRX Blockchain Governance

Just like numerous named Ethereum killers Tron has been one centralized network with hopes of being the king of blockchains. Due to some past occurrences, Justin Sun has been a very known power thirsty presence in crypto space. Since buying Steem Inc, which led to the network forking, people haven't quite outlived those experiences.

Though this is centered less on the steemit event as though I have a limited knowledge about that, but with a little dive into Justin's departure from Tron Foundation a question is brought forth; Does This Mean Decentralization?

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The fears that arose during the steemit days was the large stake that was held by steemit which according to little research may have been headed over to Justin as part of the business deal. This account currently holds above 6 million steem, from the wallet history, it's been up to lots of outgoing transactions. Another founder related account holds more than 12 million steem power with no transaction history, pretty fucked up. Not to bother ourselves much about steem and its centralized nature. A few minutes ago, scrolling through its trending page really got me disgusted. Tron on the other hand, being Justin's ever shilled projects is just one out of his trillions supplies projects where he has used his accumulated tokens to centralize the chain, equally pumping and dumping the tokens as may.

With his recent Open Letter to the Community on TRON’s decentralization and His Personal Journey out of all the bullshits his has thrown out there, there are actually no clarifications on his holdings. All there is to note is that his powerful nodes (“justinsuntron,” “BitTorrent,” and “µTorrent,”) have withdrawn from TRON’s ranks of super representatives this month. Tron network is supposedly runned by 27 super representatives hosted by the community.

The funny part of all this shit is his rather public agreement to the fact that Tron will be more decentralized without him. Should political billionaires be trusted?

From what I know, Tron's native token price actions have not quite appreciated the hype surrounding the network. Most of this hype has been directed by Justin Sun and his army of blind or paid supporters. This, to the average is a failed project, potential speaks for itself when everyone gets a share of the value. Though the chain has had numerous projects hosted, the average investors trusting on its native token to spark some interest has been left disappointed, Justin is also disappointed because he has personally paid so many to shill the shit out of Tron, but it's been nothing more than a cheap network to move USDT and other compatible tokens around…

With this, publicly stepping down gives him a chance to be amongst the backstage powers. His corny creation may have not worked out well as he positioned himself to the public, however, stepping into the shadows just so people would think he's no more involved, therefore beginning to trust the project, giving him the growth he's been dying for, seems like a great plan. I personally don't believe Justin is out of Tron, he's still pretty in the game, ignore the politics.

Posted Using LeoFinance Beta



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I would love to know what drove this change. Thanks for reporting on it.

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