DigiByte founder pulls back from the project, accusing the crypto market of greed
DGB Creator Blames Cryptocurrency Community Greed As Cause Of Industry Growth Failure.
Tate Claims To Do His Own DigiByte Project.
Earlier, he called the head of TRON and Binance “crooks”
International consortium of news organizations developing transparency standards.
DigiByte creator blames the greed of the cryptocurrency community as the main driving force behind the industry.
Founder and head of the DigiByte (DGB) cryptocurrency project, Jared Tate, announced that he would stop working on DigiByte as founder due to the greed of the cryptocurrency market. Tate wrote about this on his Twitter page..
“I started this blockchain journey 8 years ago with faith and hope for a bright future for all of us in difficult times. On the way, I learned some very humiliating lessons. The first of these is greed, which is the main driving force behind cryptocurrencies and people’s decisions in life, ”wrote Tate.
However, the head of DigiByte noted that he does not leave the project forever. After stepping down as head of the cryptocurrency ecosystem, Tate will focus on building his own commercial applications based on the DigiByte blockchain.
“I will also take a break from social media and take a well-deserved break this summer,” Tate wrote..
Tate claims he’s lost count of how many people have stabbed him in the back over the past five years and tried to use him or DigiByte for a quick return on investment.
Searching for justice
Last December, the BeInCrypto editorial staff wrote that the American crypto exchange Poloniex excluded DGB from the listing after several tweets by Tate, in which he criticized the exchange, TRON founder and CEO Justin Sang, as well as the head of Binance Changpeng Zhao.
Then Tate called the above persons “crooks” whose time is running out.
In 2018, Binance announced an adjustment to its listing policy and announced that it would no longer set fees for listing new tokens. However, in September 2019, Tate wrote on Twitter that the exchange demanded $ 300,000 for listing DGB plus 3% of all DGB tokens to protect against hacks, thefts and other problems..
The head of Binance commented on Tate’s tweet, saying that he does not intend to waste time on “such people”.
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