Justin Sun, It’s Time to Burn Tron (TRX): BeatzCoin CCO

Some in the community are accusing the Tron CEO of lying about the fixed amount of the TRX supply, Misha Lederman calls on Justin Sun to keep TRX under 100 bln

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Mon, 3/02/2020 - 14:33

Justin Sun, It’s Time to Burn Tron (TRX): BeatzCoin CCO

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Several Tron fans have taken to Twitter to express their negative attitude towards Justin Sun for what they believe to be a deception of the Tron community.

As per them, the total TRX supply has exceeded the figure of 100 billion that was mentioned in Tron’s white paper.

However, now the Tron website shows that the overall TRX supply totals 100,002,757,644.08 TRX.

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The CCO of BeatzCoin, Misha Lederman, has written on his Twitter page that in late June 2018 Justin Sun eliminated 1 billion TRX in order to keep the TRX supply below 100 bln.

After Super Representatives’ rewards were implemented, more TRX began getting minted, which has now resulted in the supply increase.

Misha Lederman calls on Justin Sun to conduct another token burn.

Misha Lederman TRX burn — *Image via Twitter*

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About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.