Is TRON a scam? - Justin Sun's involvement, certainly doesn't help

TRON gives such scammy vibes due to being owned and completely controlled by serial scammer, Justin Sun.

TRON (TRX) is a blockchain-based cryptocurrency founded by Justin Sun in 2017. Since its inception, TRON has been the subject of controversy due to Justin Sun's centralisation of the network and his questionable history.

In this blog post, we'll dive deeper into these concerns and explore whether or not TRON (TRX) is a scam.

Justin Sun's Centralisation

One of the primary concerns with TRON is Justin Sun's centralised control over the network.

Sun has been accused of being the sole decision-maker for TRON, with little input from the community.

This lack of decentralisation goes against the very principles of blockchain technology, which is intended to be a decentralised, peer-to-peer network.

TRON's whitepaper originally claimed that it would be a decentralised platform, but as time has gone on, it has become increasingly centralised.

For example, Sun's acquisition of BitTorrent, a decentralised file-sharing network, has been criticised for potentially centralising the network.

Additionally, Sun has been accused of using his influence to control the price of TRON and manipulate the market.

Lack of Trust in Justin Sun

Another concern with TRON is the lack of trust in Justin Sun himself.

Sun has a controversial history, including accusations of plagiarism, misleading marketing and unethical business practices.

For example, in 2018, Sun was accused of plagiarising the whitepaper for TRON.

Many of the sections in TRON's whitepaper were found to be copied from other projects, including Filecoin and IPFS.

This plagiarism accusation raises concerns about Sun's ethics and credibility.

Furthermore, Sun has been accused of using misleading marketing tactics to promote TRON.

In 2019, Sun paid $4.6 million to have lunch with Warren Buffet, which he promoted heavily on social media.

However, the lunch ended up being canceled due to health concerns, and many critics saw the move as a publicity stunt.

Final verdict on whether TRON is a scam thanks to Justin Sun

While TRON has many supporters, the concerns about Justin Sun's centralisation and lack of trust in him raise legitimate questions about the legitimacy of TRON.

While TRON may not be a scam, it is important for investors to carefully consider the risks before investing in any cryptocurrency.

In the end, the decision to invest in TRON or any other cryptocurrency should be based on careful research and due diligence.