The latest Crypto feud: Tron “Garbage” vs Stellar Lumens “Failed Currency”

2019-1-5 19:04

In an interview with Yahoo Finance, Stellar Lumens co-founder and CTO Jed McCaleb called out much of the cryptocurrency space for being inferior products. McCaleb singled out Tron as one of these “garbage” projects and it caused quite a stir.

“Ninety percent of these projects are B.S. I’m looking forward to that changing. Things like Tron, it’s just garbage. But people dump tons of money into it, these things that just do not technically work. In a lot of cases, it just needs to be some sort of digital payment and you might as well use Stellar or bitcoin.”

He also admitted that Stellar Lumens has done a bad job in regards to marketing and that most people don’t really know what XLM does. McCaleb disparaged the trend of making a payment system for everything on a blockchain and added that most of the platforms out there don’t even work.

Never one to be under the radar, Tron’s outspoken founder Justin Sun fired back at McCaleb.

“We don’t think @StellarLumens is our competitor at all since they have extremely low transaction volume, centralized&non-democratic system and 0 Dapps. #TRON will take their place within 2019 anyway. #TRX $TRX #XLM”

Sun went on to claim that TRX would be passing XLM in market capitalization soon anyway on its way to his 2019 goal of being a top 4 coin. He also took another sharp jab at McCaleb in a follow-up tweet that poked fun at his previously failed businesses and claimed “Stellar will fail” too.

Tron has had a much louder and In your face marketing approach than Stellar Lumens, and the push is led by its CEO and a strong community presence on social media. Many seem to attach aggressive marketing in the crypto world to bad or unrealistic projects.

And since the market is driven basically all on speculation, the division and sniping likely won’t end anytime soon. The cryptocurrency space is filled with bad products and even scams but attacks and vitriol between legitimate projects seem to be very prominent as well and discourse like this won’t help.

The post The latest Crypto feud: Tron “Garbage” vs Stellar Lumens “Failed Currency” appeared first on ZyCrypto.

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Stellar (XLM) на Currencies.ru

$ 0.1128 (+0.21%)
Объем 24H $80.152m
Изменеия 24h: 5.63 %, 7d: 8.76 %
Cегодня L: $0.1102 - H: $0.1129
Капитализация $3.267b Rank 36
Цена в час новости $ 0.121 (-6.78%)

stellar lumens garbage tron mccaleb out projects

Источник: zycrypto.com

stellar lumens → Результатов: 126


Stellar Lumens (XLM) Strongly Correlates with XRP: Here’s the Next Price Target

Stellar Lumens (XLM), a cryptocurrency platform that focuses on remittance and cross-border payments, has been making waves in the crypto market. The platform aims to provide low-cost financial services to people of all income levels, with a particular focus on the Distributed Exchange feature that allows users to liquidate or exchange their funds for other […] The post Stellar Lumens (XLM) Strongly Correlates with XRP: Here’s the Next Price Target appeared first on CaptainAltcoin.

2023-7-19 11:16


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2019-3-20 11:39


Фото:

How Does Coinbase Exploring Stellar Lumens Impact Ripple XRP?

Stellar Lumens (XLM), Ripple (XRP)–The massive Coinbase announcement that came out on Friday has created a stark divide for several cryptocurrency communities. Published in a press release on the official Coinbase blog, the company confirmed that they are “exploring” five new cryptocurrencies–Stellar Lumens (XLM) the largest by market capitalization–with the potential to be added to […] The post How Does Coinbase Exploring Stellar Lumens Impact Ripple XRP? appeared first on Ethereum World News.

2018-7-16 00:26


Фото:

Kraken посмеялась над анонсом листинга Cardano и ZCash на Coinbase

Вчера биржа Coinbase объявила о намерении добавить в листинг пять новых монет: Cardano, Basic Attention Token (BAT), Stellar Lumens (XLM), ZCash (ZEC) и 0x (ZRX). Представитель биржи отметил, что в первое время торговать ими смогут жители нескольких стран, в число.

2018-7-15 19:00


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Coinbase объявила о листинге ещё пяти криптовалют. В Kraken шутят по этому поводу

Одна из популярных криптовалютных платформ Coinbase готовится добавить поддержку Cardano, Basic Attention Token, Stellar Lumens, Zcash и 0x. Это спровоцировало шутливый твит команды биржи Kraken.

2018-7-15 16:57


Coinbase announces potential listing of Cardano [ADA], Stellar Lumens [XLM], Zcash [ZEC] and 0x [ZRX]

On 13th July, Coinbase announced that they are exploring the addition of Cardano [ADA], Basic Attention Token [BAT], Stellar Lumens [XLM], Zcash [ZEC] and 0x [ZRX] to the platform. Coinbase’s tweet | Source: Twitter Coinbase confirmed that they will be working with local banks and regulators to add its new assets in as many jurisdictions […]

2018-7-15 15:20


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