Earlier this week, Vitalik Buterin, the creator of Ethereum, was in the limelight because of one of his comments on Charlie Lee’ Twitter post. However, the post has taken a new turn as Justin Sun, the Founder and CEO of Tron Foundation replied to Vitalik on the same thread.
Charlie Lee, the creator of Litecoin and the Managing Director of Litecoin Foundation, put up a pool on Twitter. The pool was regarding the category people in the community classify themselves in, giving the community four options. The options were Bitcoin Extremist, Bitcoin Maximalist, Altcoin Maximalist, and Nocoiner. Along with the pool, the creator also remarked that there were several people in the community who proclaim to be a Bitcoin Maximalist, however, in reality, they are Bitcoin Extremists.
Lee went on to say that Bitcoin Maximalist are the ones who believe that Bitcoin will continue to stay on top. But, at the same time, think there is room for other coins to prevail in the market. On the other hand, Bitcoin Extremists believe that all the other cryptocurrencies existing the market are a scam and will eventually be valued at zero.
To this, Vitalik Buterin said:
“Congrats on following my path
@SatoshiLite! Do you want to go further and convince Litecoin to move to proof of stake?”
Furthermore, this comment by Vitalik Buterin drew the attention of Justin Sun. The Founder of one of the leading projects in the space stated:
“Welcome to proof of stake family!
#TRON and I will wait for you here! @VitalikButerin”
In the month of April 2018, Tron announced that they shifted from Proof-of-Work [PoW] mechanism to Delegated Proof-of-Stake [DPoS]. The foundation stated that this system would give the members of the community more power in the network, adding that it makes the network more efficient and reduces energy consumption cost.
Whereas, Casper, a PoS protocol will shift Ethereum from Proof-of-Work [PoW] algorithm to a Proof-of-Stake [PoS] algorithm. The Ethereum Foundation has been working on the protocol for a long duration now and is reportedly going to launch this year.
JimmyFranken1, a Twitterati said:
“No man, @VitalikButerin is too busy scaling to zero”
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