Justin Sun, the founder of TRON and CEO of BitTorrent, has revealed he had some secret discussions with the creator of Litecoin, Charlie Lee.
As revealed, Justin Sun was seen in a picture with Charlie Lee. The TRON founder said he discussed Bitcoin, Litecoin and TRON with Charlie. He also said he had some secret information shared with the Litecoin co-creator.
Justin Sun did not reveal if a partnership is underway between TRON Foundation and Litecoin Foundation.
TRON Gets Hint on How to Grow Big Like Apple Inc.
Few days back, founder Justin Sun met with Steve Wozniak, the co-founder of American multinational tech company Apple Inc., and said he’s talking partnership with the electronics engineer. This restored euphoria in the TRON community with the expectation that the blockchain project may soon collaborate Apple in a similar manner to that of Samsung.
While critics, as usual, lampooned Justin Sun over the latest move, others, among icons in the crypto ecosystem perceived it as a cerebral act.
Afterward, the millennial American founder who is a graduate of Hupan University said he received great advice from Steve on how to groom TRON blockchain project to a greater height.
Justin sun said it was a pleasure receiving recommendation from Steve on how to make TRON successful as Apple.
Charlie Proposes BCH-Like Development Strategy
Earlier, Charlie Lee had proposed a BCH-Like development strategy to build the Litecoin ecosystem.
According to Charlie Lee, mining pools voluntarily donating a portion of the block reward is a big way to fund development.
Charlie Lee said if Litecoin pools donate 1% (around 0.125 LTC) of block rewards to the Litecoin Foundation, provided every miner does it, around $1.5MM would be donated every year.
While Charlie did not enforce its proposition like that of the BCH community. The idea also differs in the sense that donations can be given to the Litecoin Foundation, Litecoin.com, The Lite School, or any other Litecoin project.
However, that of BCH is seeking every miner to donate to a body, an unnamed body in Hong Kong.
He said: “Currently with merged mining of Dogecoin and other Scrypt coins, miners make 105%+ of block rewards. So 1% is a reasonably small amount to give back towards funding a public good.”