Lucien Chen Says TRON (TRX) Is No Longer Decentralized, Leaves The Project

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In a recent post published by Medium, The Chief Technology Officer and co-founder of TRON (TRX) Lucien Chen, has left the project as there were significant concerns with its ongoing direction and an “irreconcilable contradiction” with TRON’s founder and CEO Justin Sun.

In the recent post, where he explains his departure, Chen got into TRON`s DPoS (delegated proof of stake) algorithm, which he firmly believes that this is the main component which has made Tron over-centralized. As per Chen, some of the 27 super representatives who are owned by Tron dominate the direction of the project which has exacerbated the problem.

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Chen explained that he did not see Tron as being able to merge with broader internet. He also reveals that present decentralized applications are restricted to gambling and financing the projects and no real commercial adoption has taken place on the platform.

New Tron

As an outcome of his declaration, Chen has made plans to launch his own blockchain project named as Volume Network, which he was talking about “New Tron”. It will leverage on the agreement of proof of space mechanism, which Chen considers more decentralized than DPos, and more energy efficient than the proof of work mining.

In a recent tweet, we can see what Chen has in mind –

Former Co-Founder and CTO of TRON.network, Lucien Chen publishes -Why he needs to rebuild a new TRON?

I am deeply sorry to see the project that has grown up in my hands has become like this. The dreams and visions that Justin told me have been ruined. After several months of thinking, I decided to start the Volume Network (VOL) Project. Why should I do the VOL project? What is the VOL project? Volume Network is a truly decentralized blockchain project. This is the project I dreamed of when I first joined TRON.

https://twitter.com/network_volume/status/1126861427178819585

Also, he tells us the reason for leaving 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.

The reason for leaving is very simple. As a technical man, I feel very sad that the TRON has departed from the faith of “decentralize the web.”

Chen hopes to introduce more people through mining method into the digital world with the lowest limit to achieve decentralization. Also, he points out that Volume network can be mined through a hard disk. Moreover, the highest limit of ASIC and the high price of the Graphics processing unit (GPU) will make people reluctant to mine. The project which Chen is talking about will remove unsuitable players entering the market.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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