Lucien Chen Leaves Tron? It’s not a recent news, but what was the Tronics reaction?
Tron's CTO leaves the company to build his own blockchain
Who is Lucien Chen?
Lucien Chen has served in many first-tier Internet companies, such as Netease (NASDAQ:NTES), Youdao, Tencent (00700.HK), Qihoo 360(NASDAQ:QIHU) and SM search (Alibaba P8 +). With the capabilities of developing million-level system architecture, Chen has rich experience in big data, advertising algorithms, DMP systems, BT systems, CTR platforms, and high concurrent system framework designs. Chen also has proven experience in operations, strategic planning, and business integration, plus a deep understanding of cryptography, following and investing in Bitcoin from an early stage.
Lucien Chen, the senior Alibaba and Tencent engineer expert, joined in TRON officially. We will post our English announce later. pic.twitter.com/bPtlMJ5dzi
— Justin Sun (@justinsuntron) October 8, 2017
What is the recent news about Mr. Chen?
Now, if you search “Lucien Chen” in any browsers, you will find several articles in many known blogs talk about the Tron’s CTO and his left for the project.
Well, that is not a piece of recent news, but the Volume Network Medium post make it a hotter thing. Lucien Chen has to leave Tron from 4 months ago, or they said he has been fired.
Why he has left Tron?
According to the Medium post, Chen wants to rebuild Tron. He thinks Tron is more decentralized, and all the network is driven by Tron itself. the reason for leaving is very simple as he said, the technical man, Lucien Chen, feels very sad that the TRON has departed from the faith of “decentralize the web”.
Thank Justin for providing me with this platform to grow up with TRON. But because of the irreconcilable contradiction between us, TRON is no longer the original TRON. I chose to leave, hoping to regain my original mind and rebuild my new TRON
And for leaving Tron going to build his own ‘Tron’, Mr. Chen has many reasons:
1. TRON is no longer decentralized:
In the DPOS and Super Representative node, there is a problem of centralized voting. Some nodes have more than 90% of the votes with only a few voters. Therefore, the vote of ordinary retail investors has completely fallen. The total number of TRX in TRON is 100 billion, while the total number of votes for the super representatives is just less than 8 billion.
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. that users can really apply to. Bad money drives out good. Thus, DAPP in TRON is basically the gambling and funding project.
3. TRON has deviated from the spirit and original intention of the blockchain:
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.
The decentralization in Chen’s mindset:
According to Lucien, real decentralization can only be proven by mining, inspired by Satoshi Nakamoto, that’s why he is going to launch the Volume Network project with new mining easy processes.
What I hope to do is to introduce more people into the digital world through the mining method with the lowest threshold to achieve true decentralization. Volume Network can be mined through a hard disk
Only 3% of tokens will be issued for initial exchange offering on BISS.com, and the remaining 97% will be generated by mining. Volume Network is valued at $1 million for the first round and only $30,000 for initial circulation, and he continues by saying:
The reason I did this was to make a pure community project like Satoshi Nakamoto released Bitcoin
The new mining system (PoST)?
Based on the original proof of space consensus mechanism, PoST introduces the operator of the time dimension. By utilizing the characteristics of verifiable delay functions (VDF), miners are required to perform some intensive mathematical operations after obtaining candidate block data, and then to select blocks by combining the two elements of fast verification results and candidate block data.
What is the Tronics reaction?
Whole the network’s community, or to be logical, most of it says that Volume Network is a scam, this news is FUD and Lucien Chen still in Tron’s team. And in order to strengthen their argument, they presented several proofs, and we will review some of them:
- the Medium article wasn’t even posted by Lucien, it was posted by a one post account
- Twitter page is suspect as well, over 1600 followers. None of the followers are real.
- They have a newly popped up telegram channel.
- this article is marketing for an IEO on some scam exchange called BISS which looks fake and dodgy. There is no way on this planet that any CTO in their right mind would launch an IEO on that.
- This is a scam article trying to FUD Tron and also possibly fund this writers scam coin. This happened last year with “Tron genesis” as well.
- His reasons for leaving don’t make sense
And there are much more proofs and arguments in Reddit comments section. So what do you think?
Volume Network website
Volume Network White Paper
Volume Network Team
Please note, that is a bit of financial advice, nor the WhaleTobe team’s view.