TRON Founder Fends Off “Garbage” Accusation

TRON Founder Fends Off “Garbage” Accusation

TRON founder Justin Sun took to Twitter over the festive period to extol the growth of the platform’s development team and the number of dApps on its network which he predicts will exceed those on EOS by the end of the month.

Such figures are unlikely to impress Jed McCaleb, however. The co-founder of Mt Gox, Ripple and Stellar, has described TRON as “just garbage” and became the latest prominent player within the crypto industry to criticise the project..

Hype v. Technical Merit

In his interview with Yahoo Finance, McCaleb said it is “…amazing to me how hype-driven” the market is now and “Ninety percent of these projects are B.S…. Things like TRON, it’s just garbage. But people dump tons of money into it, these things that just do not technically work.”

Sun was quick to respond to the criticism by belittling Stellar’s accomplishments and dismissed them as a non-competitor “…since they have extremely low transaction volume, centralized & non-democratic system and 0 dApps.”

Just a couple of hours later, Sun could not resist firing another shot at the Stellar CEO when he compared TRON’s file-sharing BitTorrent to another of McCaleb’s earlier projects, eDonkey.

TRON has received positive headlines in recent weeks, including that of surpassing one million active user accounts and 100 million smart contracts on its network. In August, the introduction of the TRON Virtual Machine (TVM) allowed developers to port Ethereum and Java apps onto the platform, raising the overall total available to users.

Future plans suggest a further addition to TRON’s product range, Project Atlas, will again raise the overall profile of the TRON brand as it sets out to compensate users for seeding torrents and is likely to gain traction from a wide internet-user base outside of the usual cryptocurrency community.