Update: Misha Lederman, the Co-Founder of IAmDecentralized.org has reported that he received a response from TRON Foundation on the dismissal of CTO Lucien Chen, according to which, Lucien was fired in January 2019 due to suspicion of misappropriation of funds, bribery, competitive infringement, & theft of trade secrets & intellectual property. According to MarketAcross, a PR agency representing TRON, Lucien "was never at any point a Co-Founder of TRON, nor held the position of a CTO."
Former CTO, Co-founder of TRON Lucien Chen has left "a truly decentralized internet and global free content entertainment system," because of massive centralization.
According to the official announcement from Chen, he decided to leave the company because the TRON network has departed from the faith of "decentralize the web."
Chen claims that TRON is no longer decentralized since 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," he added.
Moreover, Chen notes that TRON is not associated with the Internet as it was before and it has deviated from the spirit and original intention of the blockchain.
Thus, former TRON CTO decided to start his own blockchain project called the Volume Network (VOL).
Volume Network is a truly decentralized blockchain project. This is the project I dreamed of when I first joined TRON, highlights Chen.
The new project will reportedly realize the true decentralization based on mining, include innovative proof of space and time (PoST) consensus mechanism and contain zero private placement and undervalued pure community.
Earlier, Malta-based cryptocurrency exchange OKEx decided to add the altcoin TRON to its customer-to-customer (C2C) trading market.
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