Nick Chong · 1 week ago · 2 min read · Insights via Grayscale Investments
Ethereum · Tron › Altcoins
Ethereum Vs. TRON Battle Intensifies: Vitalik Buterin and Justin Sun Clash Over Twitter
On Twitter today, Justin Sun once again touted the merits of the TRON platform. In a tweet, he linked an article where Vitalik Buterin stated:
“…basically the next wave of crypto adoption is not going to be built on hype because the hype is basically already come. It has to come from really useful applications and things delivering value to people.”
In response to Buterin’s comment, Justin Sun tweeted the following:
“[Vitalik Buterin] admits that ETH lead the 2017 bull run built on hype. TRON will lead the next bull run built on massive adoption, dApps and BitTorrent… $TRX [TRON’s ticker symbol]”
The comments are consistent with Justin Sun’s usual promotion of TRON, having previously elucidated multiple times that TRON would cause the next “bull run.”
In response to Sun’s underhanded comment, Buterin fired back by saying that anyone who uses their own ticker symbol in a tweet is “basically a self-identified shill and not worth listening to.”
Sun sarcastically responded by saying that Buterin can criticize his use of the TRX ticker after the Ethereum platform matches TRON’s alleged “2 million transactions per second” throughput:
— Justin Sun (@justinsuntron) December 3, 2018
History of Rivalry
The tense relationship between Vitalik Buterin and Justin Sun stretches back to the origins of TRON. In the past, Buterin has extensively criticized Sun’s blatant plagiarism in TRON’s whitepaper, taking excerpts directly from IPFS and FileCoin, and then using code without attribution.
In an underhanded comment from Buterin (referencing the plagiarism), he remarked that Justin Sun could have more easily stolen from these projects by using the hotkeys “Ctrl + C/Ctrl + V” to improve his plagiarism efficiency.
Buterin even went so far as to call out Justin Sun’s plagiarism in a meta April Fool’s joke. In a light-hearted Ethereum Improvement Proposal (the process which the Ethereum developer community decides on how to make software updates) Vitalik Buterin plagiarized 20 percent of the proposal from the TRON website, paying tribute to the white paper and code copying incidents.
However, Justin Sun is far from defenseless. He did not let the criticisms slide, and increased his own attacks on Ethereum, saying that in a bear market developers should migrate to TRON:
In bear market, #Ethereum developers should migrate your token to #TRON immediately. 1. 0 transaction fee, no gas in #TRX. 2. Compatible to #ETH, 0 migration cost. 3. 2000 TPS. 4. #TRON dex listing. You can easily increase your token value 100% with High liquidity. $TRX
— Justin Sun (@justinsuntron) November 26, 2018
Perhaps Buterin is right to say that Sun is outright shilling TRON for his own gain, implying that those who extol “1000x” gains encourage “people to act more like Justin Sun.”
“If you spin things this way [saying that the market will experience 1000x price increases] you’re *incentivizing* people to act more like Justin Sun.”
Or, alternatively, maybe Justin Sun is justified in his promotion of TRON. Assuming his claims are accurate, TRON might be that much better than Ethereum. Perhaps Justin Sun’s TRON will bid “goodbye” to Ethereum as TRX surpasses ETH.
Whatever the result, Justin Sun’s aggressive marketing of the TRON project does not sit well with Vitalik Buterin’s more reserved technology-first style of leadership. Given those circumstances, it seems unlikely that the two will ever reconcile their disagreements around the two competing platforms.