Crypto Exchange Poloniex Delisting DGB After DigiByte Founder Criticizes Justin Sun’s Tron
- “Typical for DPoS projects, we call it “delighted proof of shenanigans”
On Dec. 5, DigiByte founder Jared Tate took to Twitter to share his strong opinions about Tron and accusing it of advertising the network as a decentralized one when it is exactly the opposite.
He shared an 8-tweet long thread where it talks about how Tron trolls have been attacking him.
Tate’s main focus has been on Tron advertising its “completely centralized” network as the “most decentralized gift from God.”
1/8 Im disgusted by all these #TRON trolls/bots attacking me & hyping a 100% premined & completely centralized network like its the most decentralized gift from god. Now #Poloniex has turned into a $TRX shill factory after making off w/ US customers sensitive data. Fact time:
— Jared Tate (@jaredctate) December 4, 2019
TRX he says is 100% pre-mined and reissued by Tron founder and Tron Foundation CEO Justin Sun. With currently 66 billion TRX in circulation, the remaining 34 billion, he says are still controlled by Sun.
The 27 Super Representative nodes are also “mostly controlled” by either Sun or the Tron Foundation using DPoS.
Tate further pointed to Tron CTO Lucien Chen quitting the company, in May this year, because of the network becoming “excessively centralized,” and quoted him saying that from token distribution to Super Representatives, code development, and even the community is centralized.
“This is typical for DPoS projects, we call it “delighted proof of shenanigans” in the book,” said Tate.
Tron, he said has nothing unique to offer and is all about just a few gambling apps, marketing hype and paid Twitter bots.
And now this has extended to Poloniex because “CircleApp sold Poloniex to Sun,” Tate explains. On Nov. 13, Sun admitted to investing in the cryptocurrency exchange, calling it just “helping friends.” A few days later, Poloniex applied for becoming a Tron Super Representative.
— Poloniex Exchange (@Poloniex) December 3, 2019
“Poloniex has turned into a TRX shill factory after making off w/ US customers sensitive data,” Tate said this in reference to the exchange’s deleted Tweet this month telling its followers to “buy Tron.”
Poloniex deleted after 28 minutes pic.twitter.com/OJrsspkqmU
— Crypto_Deleted_Tweets (@CryptoDeleted) December 1, 2019
“I am royally pissed my personal data, my friends and families data and other US DigiByte customers most sensitive data is now in the hands of this circus that is now Poloniex. Or the TRX shill factory as we should now call it,” added Tate.
In response, the exchange a few hours later announced its decision to delist Digibyte stating, the cryptocurrency is “not qualified per our listing standard.”
By not qualified you mean #DigiByte is truly decentralized, was never an ICO and isnt 100% premined? Duly noted. #Poloniex is the new scammers paradise. The less $DGB in the possesion of the #TRON con job the better. https://t.co/unhsiZjzn5
— Jared Tate (@jaredctate) December 5, 2019
A huge blow to DigiByte, which will no longer be available to all of Polo's seven remaining customers. https://t.co/emGHw8dBhy
— Jake Chervinsky (@jchervinsky) December 5, 2019
Crypto is fucking surreal.
DigiByte founder posts a thread criticising TRON and its usurpation of Poloniex.
Hours later, Poloniex replies saying that DigiByte is going to be delisted from their platform after a miraculous and entirely coincidental "careful review".
— Cred (@CryptoCred) December 5, 2019
Most recently, Tate called Binance founder Changpeng Zhao and Sun “a bunch of crooks.” decision.