In Hindsight, Vitalik Buterin and Justin Sun Could Have been ‘Pals’ At Ripple Labs

“A coincidence is a small miracle when God chooses to remain anonymous.” Albert Einstein
Vitalik Buterin, the co-founder and prodigy behind Ethereum (ETH) is only 25 years of age, while Justin Jun, the founder of Tron is 29 years old. These two are probably the youngest entrepreneurs in the cryptocurrency sphere.
Seven years from today an eighteen-year-old Vitalik first entered the crypto space with the Bitcoin Magazine in 2012. Later in mid-2013, after the success of the magazine, reportedly, he was offered an internship at Ripple Labs. However, the US Visa constraints stopped him taking the offer.
Vitalik tweeted on 19th April:
“Fun fact: I tried to be an intern at Ripple back in the day (mid 2013), but US visa complications having to do with the fact that the company had only existed for 9 months and the minimum was 1 year stopped me.”
Furthermore, what conspired in late 2013 changed the cryptocurrency space forever, when Vitalik issued the first Whitepaper for Ethereum. Finally, Vitalik Buterin with Mihai Alisie, Anthony Di Iorio, Charles Hoskinson, Joe Lubin, and Gavin Wood found the Ethereum Platform in July 2015. Had the US granted permission to Vitalik to work at Ripple Labs, the world would have probably missed out on Ethereum.
Also Read: TRON’s Justin Sun Reveals Reason behind His Love to Ethereum’s Vitalik Buterin
Vitalik Missed But Justin Sun Actually Worked At Ripple Labs
Justin Sun, the founder of Tron was co-incidentally working at Ripple during the same time Vitalik had applied. Justin Sun served Ripple Labs from the Greater China region from December 2013 to January 2016.
He replied to the above tweet of Vitalik with a very positive note on a personal level. He tweeted:
When I found out these facts from @justmoon in late 2013/early 2014, had we both been at Ripple, I am certain we would have been buddies👬since we would have been the only 2 millennials there! ❤@VitalikButerin
The cryptocurrency space has existed for more than a decade now. Moreover, the leaders of the space are coming together to foster the development of the ecosystem as a whole. The Magical Crypto Friends is another collaboration between lead developers of Litecoin, Monero and leading investor, Samson Mow which aims to educate the mass via their monthly video discussions.
Should we have a monthly podcast with Justin Sun and Vitalik Buterin too? Please share your views with us. 
The post In Hindsight, Vitalik Buterin and Justin Sun Could Have been ‘Pals’ At Ripple Labs appeared first on Coingape.
Source: CoinGape

Vitalik and Hoskinson Support #DelistBSV, But Concerned About Centralization of Cryptocurrency Exchanges

Crypto-Twitter felt a sense of triumph when Binance and other Exchanges like Kraken and Shapeshift decided to De-list Bitcoin Satoshi Vision (BSV). Moreover, this the first time that a split between ideas resulted in delisting rather than opting for another ‘Fork.’
John McAfee tweeted on the issue:
“If BSV was his true vision then either Satoshi is the worst communicator in the world, or Craig Wright, Calvin Ayre and BSV are frauds.”
However, what feels like a unanimous decision was actually influenced by one Exchange’s immediate decision. The price of the delisted token fell by 21% in hours of the announcement. Hence, there were many users on the BSV chain who suffered losses which also might have been oblivious of the claims on Satoshi’s identity; not many people outside the crypto-community knows lead proponents of cryptocurrencies.
Centralization of Exchanges an Alarming Issue
Furthermore, BSV proponents have claimed that delisting was a violation of the right of free speech for Craig Wright. While Crypto-Twitter is united against Wright’s claims and the delisting, there is another alarming issue addressed by industry leaders.
Vitalik Buterin, the co-founder of Ethereum also noted on the issue:
“…I agree #DelistBSV is not a free speech violation for a different reason: exchanges are already selective so listing is active promotion, not “just letting the market play out man”
Binance is the largest Exchange in the world, and it is centralized. In fact, CZ can influence the price of any cryptocurrency by just ‘threatening to delist.’ Moreover, we have often seen how the listing of cryptocurrencies on Exchanges create a short term ‘pump and dump.’ It was evident with the ‘Coinbase effect‘ too where just anticipation of listing on Coinbase would drive the price of a cryptocurrency.
Charles Hoskinson, the CEO of IOHK, the firm behind the launch and development of Cardano platform tweeted on the issue saying:
“Exchanges are not public utilities, they are businesses often run by private owners. If you want a utility, then invest in or use a DEX. Don’t complain about the BSV delisting and cite free speech or some other appeal. It doesn’t exist with private companies.”
Hoskinson and Vitalik’s tweet on the issue suggests that privately managed Crypto Exchanges with such a large user base creates a monopolistic or oligopolistic market. Individual players are empowered to influence the market considerably. Hence, in its drive to bring decentralization in the World economy, the crypto-community seems to be moving towards centralization within the crypto-sphere itself.
There are many other centralization issues associated with Cryptocurrency Exchanges. Most importantly, the private key and custody issue, as Cryptocurrency Exchanges acts as custodian of the cryptocurrencies for their users. Since its inception ten years earlier, many Exchanges Wallets have been hacked and millions of dollars misplaced at the hand of the Exchanges.
Therefore, Decentralized Exchanges and personally managed open-source crypto-wallets are the only way forward towards a truly decentralized, secure and trust-worthy Blockchain ecosystem. Furthermore, Decentralized Exchanges can opt for a democratic process for listing and delisting of cryptocurrencies to ‘give the control back to the community.’
Is a shift to Decentralized Exchange need of the hour or crypto needs more centralized supervision? Please share your views with us. 
The post Vitalik and Hoskinson Support #DelistBSV, But Concerned About Centralization of Cryptocurrency Exchanges appeared first on Coingape.
Source: CoinGape

Coincheck Adds XRP and Ethereum to Its OTC Trading Desk

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Coincheck Adds XRP and Ethereum to Its OTC Trading Desk
Coincheck, a Japanese cryptocurrency exchange has launched its Over-the-counter (OTC) trading desk wherein the platform is debuting XRP and ETH as the first altcoin listing.
Coincheck Adds XRP and Ethereum to Its OTC Trading Desk

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Source: CoinSpeaker

Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon

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Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon
After crypto exchange Binance’s decision to delist Bitcoin SV (BSV), anonymous exchange ShapeShift has also decided to drop the cryptocurrency, with Kraken considering to follow suit.
Blockchain Wallet, ShapeShift to Delist Bitcoin SV, Kraken Considers Joining the Bandwagon

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Source: CoinSpeaker

Ethereum [ETH]: Serenity has not been delayed by even a single day, claims Vitalik Buterin

Vitalik Buterin, the Creator of Ethereum, recently spoke about the development surrounding Ethereum 2.0, the final stage of Ethereum, on a Reddit thread dedicated to him.
Yagan, a Redditor, stated that Vitalik Buterin had proved that he was “determined to move forward as a person and as a leader” irrespective of the FUD surrounding Ethereum over the past several months. The Redditor stated,

“Cheers to Vitalik and cheers to his supporters. Cheers to ethereum and cheers to the community that can see the ‘bigger picture’. Congrats on all you have accomplished Vitalik and thank you for being an inspiration to many.”

To this, another Redditor with the username Dont_hate_scienceguy, replied stating that he would sell-out his coins, the day Buterin exits the Ethereum ecosystem. He also added that he has “never had less faith in the [Ethereum] team, than I do after this dothereum nonsense”.
Dothereum is one of the new projects gaining the attention of the Ethereum community. It is a project that is similar to Ethereum, but is built on Polkadot. Some have speculated that Afri Schoedon, a former Ethereum developer, is a part of this project.
This comment caught the attention of Buterin as he replied to the Reddit user by stating that the “the team” in question was “larger and broader” than he or she thought. He further stated that the developers at Prysmatic Labs, Lighthouse, and all the other teams have not delayed the “progress of eth2” even by a single day. He said,
“While I get frustrated with the antics of the “chattering classes” myself, it’s important to keep in mind that Prysmatic, lighthouse, the eth2 research team, etc etc are all continuing work right on schedule, and the recent governance noises, while loud and annoying, did not delay the progress of eth2 by even a single day.”
Buterin further stated that even State Channel, Plasma, ZK roll-up, and 1.x rent proposals were “steadily moving forward”. He added that the current 1.0 clients were also regularly upgraded so that they could “better handle” the load of the current chain. He went on to state,
“[…] a huge victory a few months ago in dropping uncle rates as well as constant improvements in block propagation. When you’re making a bet on the ethereum ecosystem, it’s those silent armies you are betting on.”
The post Ethereum [ETH]: Serenity has not been delayed by even a single day, claims Vitalik Buterin appeared first on AMBCrypto.
Source: AMB Crypto

@Hodlonaut Crowdfunding Campaign Spins Up Uniting Crypto Community Against Craig Wright

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@Hodlonaut Crowdfunding Campaign Spins Up Uniting Crypto Community Against Craig Wright
#WeAreAllHodlonaut, a crowdfunding campaign to support Hodlonaut’s legal battle against Craig Wright, has already raised around $30,000 from 1,000 backers.
@Hodlonaut Crowdfunding Campaign Spins Up Uniting Crypto Community Against Craig Wright

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Source: CoinSpeaker

TRON’s Justin Sun Reveals Reason behind His Love to Ethereum’s Vitalik Buterin

There may not be “Justin Sun v/s Vitalik Buterin” now, rather it might become Justin Sun with Vitalik Buterin.  The recent podcast by Justin Sun reveals his healthy relationship with Ethereum co-founder Vitalik Buterin.
Sun and Buterin – the brotherhood of the industry
Justin Sun, CEO of TRON cryptocurrency has many times appear in contrary to Vitalik Buterin but on 1st April, both publicly shared love & respect for each other. In a wake of Vitalik’s post ‘toward a brighter tomorrow’ and Sun’s response as ‘love you with heart emoji’, its been quite clear that Sun wasn’t joking – neither Vitalik (maybe).
Speaking about Tether stablecoin on TRON via a podcast with Rachel Wolfson (a.k.a The Crypto Chick), Sun highlights the possible collaboration with Vitalik Buterin, the smart contract leader’.
Sun while addressing his love message recently sent to Vitalik, says that;
Right now, I’m actually into love – the true love, and the brotherhood of the industry. So I think that in the future we will even collaborate with lots of the Ethereum developers, and also the enterprises built on Ethereum before if we make the industry better,”
No doubt, TRON shows consistency in DApp highest record, concerning the similar regards, Sun calls this competition leads to better product.
“I think definitely that this competition will result in a better product – the competition between Ethereum and Tron benefits the whole industry,”
Talking about recently acquired Tether (USDT) and the upcoming launch of stablecoin USDT on TRON, sun notes that;
“The stablecoin is the most important thing when we come to the infrastructure and the whole industry. I think this partnership means to the industry that in the future the USDT will be more reliable, faster and cheaper,” Sun added.
Ethereum (ETH) and TRON (TRX) Moves Upward
To note, both cryptocurrencies – Ethereum and TRON is gaining quite positive figures. Ethereum which is standing second on the graph of coinmarketcap is up with 8.90% over the past 24 hours. At press time, the second largest coin in terms of market cap is trading at the value $183.22 against US Dollar. On the other hand, TRON, the eleventh largest cryptocurrency is also up with 6.46% during the last 24 hours and rests with average trading of $1,917,743,643.
Source: Coinmarketcap.com
In a nutshell, Sun is on positive tone towards Buterin, Ethereum, Smart Contract, and DApp. Additionally, he views the product battle as a healthy competition.
What do you think about Sun’s opinion? Do you think Vitalik will share similar sentiments? Let us know.
The post TRON’s Justin Sun Reveals Reason behind His Love to Ethereum’s Vitalik Buterin appeared first on Coingape.
Source: CoinGape

Tron is Set to Collaborate with Ethereum This Year Already, Says Justin Sun

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Tron is Set to Collaborate with Ethereum This Year Already, Says Justin Sun
During an interview on The Crypto Chick podcast, Justin Sun hinted at future collaboration with Vitalik Buterin’s Ethereum.
Tron is Set to Collaborate with Ethereum This Year Already, Says Justin Sun

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Source: CoinSpeaker

Tron’s Justin Sun looks to collaborate with Ethereum; Buterin-Sun feud looks to subside

The tale between two of the most important stalwarts in the cryptocurrency industry has veered from foes to friends. Justin Sun, the CEO of the Tron Foundation, and Vitalik Buterin, the co-founder of Ethereum have, seem to have buried the hatchet for now and are on course to construct a mutually beneficial partnership.
In a recent podcast with The Crypto Chick, Sun spoke about a range of topics from the USDT integration to the competitors Tron faces in the industry. Sun acknowledged the DApps competition with Ethereum and added that “competition produces better products”.
The Ethereum and Tron collaboration should be seen as something that is beneficial for the larger DAapp developer community rather than a to-and-fro rat-race between the networks. In the spirit of “true love” and “brotherhood”, he stated:
“I think in the future we will even collaborate with lots of Ethereum developers and also the enterprises built on Ethereum before to make the industry better.”
Sun spoke about the recent collaboration with Loom Network, a layer 2 scaling solution for Ethereum. In light of April Fools Day, the Loom Network joked about the launch of Loom Records debuting their maiden Justin Sun album titled “Enter the Sun”.
The Loom collaboration now seems to be a precursor as Sun dropped a major hint of an ‘official collaboration’ with Ethereum in 2019 itself. He added that this would “do something good for the industry.” Given the slew of developments coming out of the cryptocurrency industry, Sun remained “optimistic” for the year.
Justin Sun further shed light on the layer 2 scaling solution, titled the Sun Network, which would be released in the second quarter of 2019. He stated that the solution would increase transaction speeds by 100 times and the fees would also see a further decline.
Rivalries are a rampant occurrence in  the cryptocurrency space, but the Buterin-Sun clash has attracted a lot of eyes because of the severity of their respective networks. The intricacies of their cross-jibes revolve less around name calling and more on network performances, a rarity in the cryptocurrency industry.
In April 2018, Sun published an infographic via Twitter, comparing the Tron and Ethereum networks. The graphic delved into TPS, Transaction Fees, Coin Burn, Language Support and Extensibility, lauding the Tron network. Buterin replied, in a concise manner, adding a point to the comparison stating that Tron’s network is a copy of the Ethereum whitepaper which Buterin penned himself.
However, at times, their insults veered away from TPS and more towards the number of followers. Earlier this year, Sun stated that he boasts Twitter followers on par with his Ethereum peer, despite commencing operations six years before the top altcoin.
The post Tron’s Justin Sun looks to collaborate with Ethereum; Buterin-Sun feud looks to subside appeared first on AMBCrypto.
Source: AMB Crypto

Roubini makes satirical claims, debates value of digital assets

The recent Deconomy Conference held at Seoul saw the presence of crypto luminaries, including Ethereum Co-Founder Vitalik Buterin and the infamous crypto-skeptic Nouriel ‘Dr. Doom’ Roubini. The Hong Kong-based Digital Asset Exchange, ANXONE, recently tweeted that Roubini was satirizing when he stated that he was the real Satoshi Nakamoto, at the Deconomy forum held from between April 4-6.
Responding to ANXONE’s claim, Nouriel Roubini tweeted that he was the real creator of Bitcoin and that he incepted the digital asset to expose the inefficiencies of the legacy traditional institutions. He tweeted,
“What do you mean I satirized? I am the real Satoshi Nakamoto!! I created BTC to show a monetary and financial system that is even more inefficient, costly, corrupt, rent-seeking, greed-is-good biased, concentrated, oligopolistic, scammy, prone to manipulation than Wall Street!”
It was also reported that in the conference, which was titled the “Fundamental Value of Cryptocurrency and its Sustainability”, Buterin and Roubini got into a heated debate regarding the true value of digital assets.
The famous crypto naysayer claimed that the government and regulators would eventually take over the space. Vitalik held on to his stance and stated that one positive impact involving the creation of a new social expectation around privacy which, in the end, the authorities would have to adapt to.
This is not the first time that the duo has confronted each other. Prior to the latest stint, Dr. Doom had called Bitcoin “crap” and compared Vitalik Buterin to North Korean dictator Kim Jong-un.
The post Roubini makes satirical claims, debates value of digital assets appeared first on AMBCrypto.
Source: AMB Crypto

Ethereum’s [ETH] Vitalik Buterin and others express disappointment over presence of ‘BSV shills’ at Deconomy 2019

The recently concluded Deconomy Forum included a lot of proponents from the cryptocurrency space who talked about the developments and updates in the industry as well as the future of digital assets. The roster included luminaries and critics of the space, ranging from Ethereum’s Vitalik Buterin to Nouriel ‘Dr.Doom’ Roubini.
Vitalik Buterin, who has been an avid supporter of the Bitcoin ABC camp since the Bitcoin Cash hard fork, confirmed his allegiance yet again when he spoke against the Forum including “BSV shills” in its panel. Buterin tweeted:
“Kinda disappointed @Deconomy_forum  is again giving airtime to BSV shills, this time a panel of them.At least there’s some hilarious quotes… my favorite was that Segwit is bad because separating signatures from transactions “has legal ramifications”
The part of “Segwit is bad” is something that was built on a shaky foundation because recent reports had shown that SegWit-spending payments had reached an all-time high, nearing almost 50 percent. Segwit spending basically refers to:
“A transaction that spends one or more SegWit outputs is considered a SegWit-transaction. The organization then aggregates the payments from SegWit-transactions per day and compare them to the number of total payments per day resulting in the percentage of SegWit-spending payments.”
The Ethereum co-founder was not the only one who expressed his disappointment over BSV supporters speaking at the conference as he was also joined by personalities like Andreas Antonopoulos and Luke Dashjr.
Antonopoulos, the author of Mastering Bitcoin, commented:
“Yeah, disappointing. There’s a general click-bait attitude in the selection of topics and sessions. I guess this kind of drama sells tickets, but it imposes a cost for the entire industry.”
Luke Dashjr said,
“Ironically, they’re not even separated (except by some definition of “separated” which is inherently ALWAYS true, because you can’t sign the signature).”
Not everyone agreed with Buterin though and was crticized by Peter McCormack. McCormack called out Buterin and asked,
“Why do people from Ethereum have more right than people from BSV to be at the conference?”
 
The post Ethereum’s [ETH] Vitalik Buterin and others express disappointment over presence of ‘BSV shills’ at Deconomy 2019 appeared first on AMBCrypto.
Source: AMB Crypto

Deconomy Forum’s Most Exciting Debate: Vitalik Buterin Faces Off Nouriel Roubini

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Deconomy Forum’s Most Exciting Debate: Vitalik Buterin Faces Off Nouriel Roubini
In the framework of the Deconomy Conference, Ethereum co-founder Vitalik Buterin and crypto skeptic Nouriel Roubini shared their views on cryptocurrencies.
Deconomy Forum’s Most Exciting Debate: Vitalik Buterin Faces Off Nouriel Roubini

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Source: CoinSpeaker

Ethereum’s Vitalik Buterin and Nouriel Roubini square off to discuss scalability, censorship resistance and decentralization

The cryptocurrency world witnessed its own version of Ali v. Foreman after Vitalik Buterin, the Co-founder of Ethereum and prominent cryptocurrency skeptic, Nouriel Roubini, faced off at the Deconomy Forum in Seoul. The two stalwarts were up against each other on a panel discussion titled, ‘Fundamental Value of Cryptocurrency and its sustainability,’ moderated by Antony Lewis.
The debate was billed as the most exciting panel discussion of the year, with Nouriel Roubini and Vitalik Buterin having squared off several times previously. The debate itself covered a range of subjects, including, centralization, scalability, and censorship resistance, among other things.
Ethereum’s Co-creator spoke about the utility of cryptocurrencies and how they can be censorship resistant and be used to allow more people access to financial services, while exploring more use cases such as DApps. The economist dismissed this, stating that the privacy and anti-censorship argument was a ‘joke.’
Calling it nothing more than a myth, Roubini said that since governments have the power and authority to overrule crypto-systems, cryptos can only be as resistant as the government allows them to be. Further, since many regulators impose KYC norms, anonymity and censorship resistance will be rendered moot, he said.
Roubini further added that since felonies such as tax evasion, human trafficking and terrorist financing are common, governments have no incentive to accept cryptocurrencies. Instead, they’ll be motivated to act against anonymous finance, he said. Buterin responded by saying that anonymity was not mutually exclusive with finance. He also added that private and compliant finance is possible.
Roubini and Buterin also crossed swords on the issue of scalability and decentralization. Proof-of-Work networks such as Bitcoin and Ethereum are not sufficiently scalable, Roubini said, citing the consensus algorithm’s slow transaction speeds. The economist also spoke about the alleged degree of centralization within the mining and developer community.
Buterin was quick to respond however, stating that solutions such as Ethereum’s sharding not only allows maximum efficiency for nodes and miners, but also contributes towards improving scalability and decentralization.
Emin Gün Sirer, a professor at Cornell University, had this to say about Roubini’s comments on centralization,
“Ok, he even called out the centralization among developers. Not wrong, but kind of unfair to direct it at ETH, one of the few coins with a decentralized developer ecosystem.”
Buterin and Roubini also spoke about a scenario where Central Banks hold cryptocurrencies in the future. While Roubini said that it was not possible, Buterin commented that it wasn’t impossible since central banks already hold gold reserves.
Ethereum’s Vitalik Buterin also had some interesting insights on what present-day cryptocurrencies are supposed to become in the future. He said,
“I don’t advocate for BTC or ETH to become a unit of account for the world. Things like @MakerDAO have potential. But value of most of crypto in short term is not to replace global fiat.”
The post Ethereum’s Vitalik Buterin and Nouriel Roubini square off to discuss scalability, censorship resistance and decentralization appeared first on AMBCrypto.
Source: AMB Crypto

Elon Musk Unveils His ‘Fav Cryptocurrency’

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Elon Musk Unveils His ‘Fav Cryptocurrency’
Tesla and Space X founder Elon Musk unveiled his favorite cryptocurrency, also being chosen as the best potential CEO of the project behind it.
Elon Musk Unveils His ‘Fav Cryptocurrency’

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Source: CoinSpeaker

TRON’s Justin Sun Sent LOVE YOU Message to Vitalik’s Quick Post – Love in the Air or April Fool?

Kidding.? No, might not be. The most known figures of crypto industry Justin Sun (TRON) and Vitalik Buterin (Ethereum) who often seen as project battling parties on Twitter is now showing Love and respect to each other’ – just out of the blue..!
Love in the Air or April Fool…?
Vitalik shared a post on April 01, 2019 where he has seen with Sun’s banner photo of ‘The World’s largest decentralized ecosystem’ – Vitalik posted this tweet with a caption that sarcastically says ‘Toward a brighter tomorrow’.

Toward a brighter tomorrow. pic.twitter.com/7FAWC7TS8z
— Vitalik Non-giver of Ether (@VitalikButerin) April 1, 2019

Since this tweet comes on  April 01, 2019 – on April Fool’s day, many twitter enthusiasts were caught unaware. However, few appeared catching his sarcastic view and said ‘Good Joke. But sadly the biggest joke is the crypto community itself’. Other Twitter users also point him trolling better than Justin Sun. Although Vitalik didn’t respond to any such comment yet – but Tron Founder, Justin Sun responded in a similar tone.
After a couple of hours, Justin Sun responded to Vitalik with a quick message. Sun quoted Vitalik’s post and said ‘Love you by adding heart emoji with it’.

Love you❤ https://t.co/5cmnmB1qOP
— Justin Sun (@justinsuntron) April 1, 2019

Although Vitalik and Sun seem more in a mood of April Fool’s celebration and hence trolling continued. Moreover, its worth to note that a few hours ago to the ‘LOVE YOU’ post, Sun quoted Bloomberg’s report that dominates ETH DApp over TRON’s DApp. He says that;

Bloomberg: Only 28% of active dapp users were on #Ethereum blockchain as of January, losing major ground to #TRON and #EOS. https://t.co/ablF5F37G7
— Justin Sun (@justinsuntron) April 1, 2019

To let you laugh again – both founders have pinned these sarcastic tweets on their Twitter handles which surprised the crypto community and captured a great amount of interest with, huge likes retweets and comments.
Let us know what do you think about Sun and Vitalik’s respected messages to each other.
The post TRON’s Justin Sun Sent LOVE YOU Message to Vitalik’s Quick Post – Love in the Air or April Fool? appeared first on Coingape.
Source: CoinGape