Digibyte founder Jared Tate seems to be waging a war against Poloniex and Tron. And Poloniex is striking back. The exchange announced that it will delist Digibyte shortly.
According to Digibyte supporters, Poloniex decided to delist the coin for purely emotional reasons. They posit that there are no technical grounds for it. Moreover, the exchange seems to contradict the statement of its cryptography expert. He stated that DGB is apparently “More secure than Bitcoin.”
"More secure than Bitcoin" according to the Poloniex cryptography expert is reason for delisting these days, gotcha.
Centralized 100% pre-mine, is totally OK though, guess we don't fit that bill. The joys of being a truly decentralized project like this crypto space wanted eh?! pic.twitter.com/49MnkFv3f2
— Josiah [Not interested in Bank-Coins] Spackman (@dgb_chilling) December 5, 2019
Digibyte proponents are now planning to return the fire. They aim to stop trading on Poloniex (at press time, DGB is still available on it).
After careful review, we’ve decided #Poloniex is not qualified to trade on.
Beware and avoid.
— Sir Bitlord (PumpGang💯) (@Crypto_Bitlord) December 5, 2019
Digibyte CEO Jared Tate attacked Poloniex by calling it a propagator of Tron. The latter, as per Tate, is the most blatant con blockchain project. After a series of denials, Tron CEO Justin Sun accepted he invested in the exchange.
1/8 Im disgusted by all these #TRON trolls/bots attacking me & hyping a 100% premined & completely centralized network like its the most decentralized gift from god. Now #Poloniex has turned into a $TRX shill factory after making off w/ US customers sensitive data. Fact time:
— Jared Tate ©️ (@jaredctate) December 4, 2019
Other than that Tate also accused the exchange of selling US Customer data to China after its spin-off from Circle.
Why such bitterness against Tron and Poloniex?
The feud is everything but accidental.
Earlier, Tate and the former FBI counterterrorism analyst Andrew Knapp decided to test the veracity of crypto/blockchain projects’ claims. While compiling their exhaustive guide Blockchain 2035, Tate and Knapp examined hundreds of blockchain projects. The tentative conclusions are not flattering for some of them. Specifically, for Tron, which has been apparently misleading the community by impersonating a decentralized platform. Accordingly, Tate states that he purportedly has data to prove it.
However, that’s not all. According to Tate, Binance controls 56% of the Tron voting power. Consequently, Justin Sun and Binance CEO CZ allegedly control 25/27 nodes of the Tron Network.
Still wary of Poloniex?
Recently the exchange announced a spin-off from its parent company Circle. Following the exit, it banned US traders. Some suspect that there is something nasty happening. Particularly, to the information that Poloniex possesses.