TRON may be touching the new skies of success every day, but every once in a while there comes someone who raises serious questions about the operations of the company. At the beginning of this year an ex-BitTorrent employee had said that TRON can’t handle the volume of BitTorrent network, and now company’s co-founder and CTO has quit from the company citing differences with Justin Sun over a number of things. This time things are more serious in nature, not only because it’s the exit of an important executive but also because the outgoing executive has raised some serious questions regarding decentralization and capabilities of TRON.
The executive we’re talking about is Lucien Chen. He was one of the co-founders of TRON network, and he served at TRON Foundation as its Chief Technology Officer (CTO). So when he announced his departure from the project on 10th of May, he recounted the success that TRON has achieved in less than a year. However, his announcement soon turned into sort of an open letter describing various concerns regarding the way in which TRON is operating nowadays. According to him, overtime TRON has become highly centralized, leaving behind its mission of “decentralizing the web”. Explaining things in detail he said that TRON’s Delegated Proof-of-Stake (DPoS) based algorithm is actually a pseudo-decentralized mechanism of governance. He said:
“The DPOS mechanism of Tron is pseudo-decentralized. The top 27 SR nodes (block nodes) have more than 170 million TRX votes, and most of them are controlled by Tron. It’s hard for other latecomers to become block nodes, so they cannot participate in the process of block production.”
Adding further he said that some of the nodes in the system have as much as 90% of voting power distributed between only a few voters. He said:
“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.”
Concluding his remarks regarding the decentralization at TRON Chen said that everything from token distribution to code development to community management is centralized in the current regime of TRON governance. He said:
“Token distribution is centralized, Super Representatives are centralized, code development is centralized. Even the community is organized under centralization.”
But it looks like lack of decentralization is not the only issue that forced Chen to exit. At least not according to him. Another issue, he said, is that TRON is currently incapable of running the real internet applications. And therefore the Foundation has also neglected to foster internet-focused commercial applications in its ecosystem, he said.
New project in the offing
After leaving TRON Lucien Chen has announced a new blockchain project called Volume Network. This project, according to him, will stay faithful to the ideological principles of decentralization and will focus on mining-based decentralization, he said in his announcement. The participation threshold for the network will be extremely low, and users will be able to mine using non-specialist hardware. So it’s also a possibility that Chen might have left TRON to focus on his own blockchain network. At least this possibility can’t be denied.
Nevertheless, it will be interesting to see how TRON and Justin Sun react to these remarks of Chen. Let’s see!