The BitTorrent Token (BTT) could not be suitable for the Tron (TRX) network. This is according to a former chief strategy officer (CSO) at BitTorrent. The CSO is called Simon Morris and revealed that the Tron network would not be able to handle the high rate of transactions of BitTorrent.
Tron is “Not Suitable” for BitTorrent
Back in 2018, the Tron Foundation purchased the peer-to-peer file sharing protocol to enhance it and improve it. A few weeks ago, Tron announced that it will be launching the BitTorrent Token in order to enhance the services provided by BitTorrent. This generated a lot of excitement among the Tron community. This has also played an important role in Tron’s price that grew more than 100% in just a few weeks.
In a recent interview with Breaker Magazine, the BitTorrent network would be using a different platform to issue its tokens.
About it, Morris commented:
“I suspect that what they’re really going to do is they’ll do it on some central server, they’ll wave their hands and say, ‘Oh, it’s a Lightning Network for TRON,’ or something, and pretend it’s TRON-based, but it’s not really TRON-based.”
Tron supporters and Justin Sun himself have several times mentioned that Tron is much faster than Ethereum (ETH). Additionally, scalability was always one of the main strong points that Tron followers and enthusiasts usually mentioned and remarked.
Morris is also an early-stage project advisor for several companies that work with blockchain technology. According to him, BitTorrent’s new tokens would require a network able to handle hundreds of transactions per second (TPS). He went on explaining that if BitTorrent uses the Tron blockchain it would end up destroying it.
Back in 2018, Tron was accused of having a plagiarized white paper. It seemed that some parts of the white paper were copied from other projects.
Morris continued attacking Tron and Justin Sun. He said that Sun and the company he manages are not prepared to develop and issue a new token for BitTorrent’s platform. However, he recognized that Sun and the employees at the Tron Foundation are very skilled at sales and doing marketing campaigns.
Justin Sun has been several times criticized for using Twitter too much. In general, he promoted everything he was able to help Tron’s price in the crypto market.
Tron is currently the 9th largest digital asset in the crypto market. It has a market capitalization of $1.58 billion and each coin can be purchased for $0.0236. In the last 24 hours, it lost more than 9% of its value, the third worst performing crypto in the top 100 during that period of time.