Stellar vs. Tron (available on Binance)—the debate all started with an interview. Jeb McCaleb, a co-founder of Stellar (XLM) and founder and former CTO of Ripple (available on Binance), interviewed with Yahoo Finance on New Year’s Eve. During the interview, the crypto pioneer mostly answered questions about Stellar but didn’t shy at taking jabs at other projects outside of Ethereum (available on Coinbase) (ETH), Bitcoin (available on Coinbase) (BTC) and XLM—specifically Tron (available on Binance) (TRX).
Stellar (XLM) vs. Tron (available on Binance) (TRX)
McCaleb wasn’t necessarily comparing the two projects, hand-for-hand. Considering Stellar is a more centralized project, and Tron (available on Binance) is decentralized focusing specifically on dApps.
The Stellar (XLM) co-founder was asked about the general ‘temperature’ in the crypto industry now and what he took away from the past few years. McCaleb states that he was amazed by how “hype-driven” the industry has become.
“The allocation of capital and resources is wild to watch, when these projects that have zero technical merit get millions of dollars,” McCaleb explained.
McCaleb continued:
“It seems like a big shame. Hopefully, that will start to change. One of the nice things that comes with the market calming down—I still say it’s not a bear market—it means there’s less of that. Ninety percent of these projects are B.S. I’m looking forward to that changing. Things like Tron (available on Binance), it’s just garbage. But people dump tons of money into it, these things that just do not technically work.”
Ouch.