Tron (TRX) has earmarked 1 Million USD on a proposed debate between ‘Dr Doom’ economist Nouriel Roubini and Ethereum co-founder Vitalik Buterin, after journalist Laura Shin proposed a debate between the two on her podcast to determine if cryptocurrency is really worth the hype.
Few days back, Roubini, a professor at the New York University’s Stern School of Business made testimonies at a hearing organised US Senate Committee on Banking, Housing and Community Affairs on “Exploring the Cryptocurrency and Blockchain Ecosystem”.
At the hearing, Roubini said at the hearing that cryptocurrency is the mother of all scams and (now busted) bubbles, adding that blockchain is the most over-hyped technology ever.
After criticizing cryptocurrency, Roubini himself was vilified for his summations, however, he agreed to engage Vitalik in a debate to reinvent his claim and make it clear that cryptocurrency really is a scam.
Tron (TRX) Pledges 1 Million USD
Speaking on the development Tron’s Justin Sun said the cryptocurrency platform is ready to sponsor the debate and give 1 million USD to the winner. He added that the result be decided votes from the public.
Justin Sun also recommended Nobel Laureate Paul Krugman as the moderator, adding that Tron (TRX) is ready to pay for the logistics and appearance fee.
Paul is the author of The Return of Depression Economics,” “The Great Unraveling,” “The Age of Diminished Expectations” among other publications.
Tron (TRX) Makes Decentralization A Focal Point On Its Roadmap
The crypto space is evidently wide but very competitive. Amongst the high profile crypto coin in the space, Tron (TRX) remains an outstanding blockchain project.
Surely, the initiation of MainNet has brought greatness to Tron as the Cryptocurrency continues to fly in beautiful colours around the space.
When Tron first acquired BitTorrent in a very competitive deal, the whole thing seem like joke. Afterward, when it came out to claim that its combination with the newly acquired 150 million users peer-to-peer file sharing protocol has become the most decentralized network in the world, it became clear to everyone that Tron has got more fishes to fry that thought.
To intensify its decentralization strength in the cryptographic sphere, Tron initiated a synergy with BitTorrent to form the Project Atlas.
With the initiation of Project Atlas, mining is not required to earn token and users are being tipped of faster and better transactions.
All the development Tron has overtime implemented and the ones awaiting execution depict that the blockchain project looks beyond today in making Cryptocurrency as great choice for people.
Image Credit: Live Coins.