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Title: Is Binance Chain Centralized? Post by: Farul on June 30, 2019, 01:41:18 PM Binance Chain Is Centralized, Right?
They Developed By One Company, Not Permisionless(Not Everyone Can Run Their Own Node). And Also Why There Are A Lot Of ERC20 Token Migrating From "Less-Centralized" Ethereum To Centralized Binance? IMO Binance Chain Is Not Much Different From XRP. And Also Why There Are Some People That Think BNB Is Bettere Than XRP? Title: Re: Is Binance Chain Centralized? Post by: Tipstar on June 30, 2019, 02:20:03 PM Binance Chain Is Centralized, Right? They Developed By One Company, Not Permisionless(Not Everyone Can Run Their Own Node). And Also Why There Are A Lot Of ERC20 Token Migrating From "Less-Centralized" Ethereum To Centralized Binance? IMO Binance Chain Is Not Much Different From XRP. And Also Why There Are Some People That Think BNB Is Bettere Than XRP? Binance coin is ofcourse much better than Ripple as they have a better model of use and are better at executing work even before the timeline while Ripple has just became unfulfilled promises. For centralization and decentralization of BNB, here's a article from CZ worth reading https://www.binance.com/en/blog/301982828007075840/CZ-on-Centralization-Vs-Decentralization Title: Re: Is Binance Chain Centralized? Post by: sandra_x on June 30, 2019, 02:30:02 PM Binance chain is getting a lot of traction, migration from the ethereum blockchain is principally for marketing purposes. Binance is successful as an exchange,project team are sort of associating same success to the binance chain. I personally believe binance is getting too powerful, will be nice to see other exchange do something equally enticing.
Title: Re: Is Binance Chain Centralized? Post by: VanDeinsberg12 on June 30, 2019, 03:09:44 PM Binance Chain Is Centralized, Right? Because those people can take more advantage from binance rather than ripple. They are only interesting with the binance exchange site that can give them all more than 4x instantly. that's why they like binance very much rather than XRP but that's totally centralized. They Developed By One Company, Not Permisionless(Not Everyone Can Run Their Own Node). And Also Why There Are A Lot Of ERC20 Token Migrating From "Less-Centralized" Ethereum To Centralized Binance? IMO Binance Chain Is Not Much Different From XRP. And Also Why There Are Some People That Think BNB Is Bettere Than XRP? Title: Re: Is Binance Chain Centralized? Post by: Mr.Zero on June 30, 2019, 03:26:56 PM of course BNB is much better than XRP because we know hot it grow so good in market.
binance chain is centralized that is true, but that mean if Binance Chain is not good. Decentralized like ETH erc20 is can making some company or individu can making smart contract with easy, that is making scam project. i more like centralized chain than decentralized chain. |