麻子新
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This time, Sun Ge has transparently presented his asset situation to make it onto the Bloomberg cryptocurrency billionaire list. In addition to around $3 billion in BTC and ETH, he has revealed a staggering fact: he holds over 60 billion TRX, accounting for 63% of the total supply, worth approximately $20 billion.
It looks like this:
On the surface, TRON is a decentralized public chain with various nodes, ecological projects, and smart contracts;
But in reality, the vast majority of the coins are in the hands of Sun Ge alone.
In other words, this chain is economically highly centralized:
Price manipulation capability is extremely strong: theoretically, selling a portion could lead to significant market fluctuations, or he could use the coins to manipulate ecological voting and node elections.
Decentralization is virtually nonexistent: while technical nodes on the chain may be distributed, economic power is controlled by a single individual, and governance and decision-making are almost solely determined by him.
The risk is extremely high: if Sun Ge makes an operational mistake or faces forced liquidation or market panic, the TRX price could collapse instantly, leaving projects, users, and investors on the chain with almost no buffer.
So, what you refer to as a 'single-machine chain' is actually quite fitting: technically a public chain, but economically almost a private chain of Sun Ge. The concept of decentralization is essentially ineffective here.
It looks like this:
On the surface, TRON is a decentralized public chain with various nodes, ecological projects, and smart contracts;
But in reality, the vast majority of the coins are in the hands of Sun Ge alone.
In other words, this chain is economically highly centralized:
Price manipulation capability is extremely strong: theoretically, selling a portion could lead to significant market fluctuations, or he could use the coins to manipulate ecological voting and node elections.
Decentralization is virtually nonexistent: while technical nodes on the chain may be distributed, economic power is controlled by a single individual, and governance and decision-making are almost solely determined by him.
The risk is extremely high: if Sun Ge makes an operational mistake or faces forced liquidation or market panic, the TRX price could collapse instantly, leaving projects, users, and investors on the chain with almost no buffer.
So, what you refer to as a 'single-machine chain' is actually quite fitting: technically a public chain, but economically almost a private chain of Sun Ge. The concept of decentralization is essentially ineffective here.
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