Tron (TRX) CEO Justin Sun responded on Twitter to some of the allegations against him and the company. Justin Sun explained that the TRON network is not controlled by any individuals or entities, including himself.
The CEO of Tron (TRX) recently made some statements to clarify some of the allegations against him and Tron.
I would like to clarify some of the allegations concerning me and Tron, the Tron CEO said in a post shared on Twitter.
There have been some rumors circulating around the web lately relating to #TRON and myself. As such, I’d like to make a few clarifications. Please see below 👇
— Justin Sun🌞 (@justinsuntron) January 5, 2021
Clarified the issue of regulation
U.S. or Chinese regulators have so far made no decisions for Tron or BitTorrent, Justin Sun said. The Sun explained the structure of the TRON network while detailing the issue of regulation. He said The Tron network has more than 18 million users; the network has 27 different representatives and 300 candidates. Sun reminded that at least 19 representatives must vote the same in order for any decision to be taken on the network, stressing decentralization.
The company’s headquarters and almost all of its members are in the Asian region,
We’re not aware of any centralization of the network, such that the failure of any person or entity would take down the system.
The TRON network has been operating successfully for two and a half years, and there have been no long-term outages on the network nor Tron is subject to any legal action.
Finally, Justin Sun said that the allegations against him and the company are groundless. In the end he added,
“Neither I, nor Tron, nor BitTorrent own Poloinex.”