TRON CTO leaves, denouncing 'centralized' token and former colleagues

Lucien Chen has left his role as CTO of TRON, the foundation behind the blockchain confirmed to The Block. The foundation did not expand on the reasons behind his sudden exit.

Chen's departure was first made public on Friday in a Medium post. He claims he resigned after two years masterminding the technology because of "irreconcilable contradictions" between himself and CEO Justin Sun, and because TRON's level of decentralisation and usability fell short.

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"As a technical man, I feel very sad that the TRON has departed from the faith of ‘decentralize the web’...The real Internet applications cannot function in TRON network at all currently."

He added: "The spirit of the blockchain is decentralized, while TRON project is centralized."

Chen said he was now going to build a "new TRON" called project Volume Network. He has written a white paper for Volume, focusing on being "truly decentralised" with a new consensus mechanism. Sources in the region have confirmed his plans.

About Author

Isabel is The Block's London and European reporter. She previously reported for Reuters in Madrid and London, following on from her time as a freelance journalist for the Guardian and the New York Times. She has a Bachelors in War Studies from King’s College London and a Master of Philosophy from the University of Oxford. Conflict of Interest: Edward Woodford, the CEO of SeedCX, is Isabel's brother. She does not report on any issues related to Seed or advise other authors in any regard.