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Topic: Binance Smart chain is not really good - page 3. (Read 587 times)

full member
Activity: 399
Merit: 100
September 13, 2020, 02:09:26 PM
#4
In different topics we discussed that Binance was trying to monopolize cryptocurrency. But everything is possible only for Binance secure centralized exchange, when cryptocurrency is for decentralization. I used Binance chain, for me Binance transaction was smoother than Ethereum. Decentralize exchange is now very bad for trading, we need both for different situations.
hero member
Activity: 994
Merit: 593
aka JAGEND.
September 13, 2020, 12:36:53 PM
#3
Well.. most ppl saying that crypto ideally decentralized. But as you can see, everything has changed now. AML/KYC is applied. Many exchanges are centralized. USDT, the most popular stable coin is centralized.
For me, centralized or decentralized its not a big deal. As long project have working product, safety guaranteed and convenience while invest, why not?

I think binance creating smart chain mainly for profit purpose. So, investors money still "flowing" to them.

legendary
Activity: 2352
Merit: 6089
bitcoindata.science
September 13, 2020, 12:20:56 PM
#2
Cryptocurrencies have nothing to do with profit, or ownership or whatever

It is a decentralized currency, not free money for parasites
member
Activity: 398
Merit: 10
September 13, 2020, 04:52:53 AM
#1
Bill Drummond (freelance cryptocurrency developer) argues that Binance Smart Chain is going against the principles of cryptocurrency. Do you have any comments on this?
https://twitter.com/burn_the_state/status/1304995734354231296
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