Why binance chain??

[okan]

because cz gives really good decision about future plans.

for example ieo strategy. holding at least 50 binance. etc.
it will be one of the top5 coin until eof.

[FanEagle]

I also see with great suspicion the growing power binance seems to be accumulating, which is still a huge paradox in a cryptouniverse where one of the fundamental bases of this growing ecosystem is supposed to be decentralization. And so much power concentrated in a single exchange and a single person can not be absolutely good for anyone.

But I hope that with the opening of new and innovative exchanges can arise a serious competition for binance that, on the other hand, has earned the power and reliability that it holds today.

This is exactly my point I fear cz may just be the vilian soon.. You can't trust a one man with so much power.. in a  centralized space.. even though I don't like self proclaimed satoshi nakamoto.. but still see what he did to Craig Wright's bsv

So what do we expect Binance to do, they should just fold their hands and not double their effort in making their company grow? Blockchain technology/ cryptocurrency is not being controlled by a general body that gave them the power to monopolize their operation, anyone is free to also follow the path of Binance and do what Binance is doing.

If anyone is threatened by the operation of Binance, then they should also stand up to the task and create their own chain too to break the monopoly, instead of bad mouthing innocent project that are just doing their work.

[raven7886]

So many projects now leaving the ethereum network for binance chain,,...

 I fear soon binance may just be a crypto monopoly
while CZ will be the one to point out project that will succed and project that will die out..

Do we really needs this??

If we talk about monopoly, I think ethereum is even the one monopolizing it, they would have also left it for bitcoin alone, ethereum came, built on BTC weakness to make blockchain better to operate, so I don’t think Binance should be picked on for doing so, they have simply seen the weak point of ethereum too that they need to develop on.

There is need for Binance chain, because ethereum has not completely resolve the issue of their slow transaction, I don’t know why they have been unable to resolve this but I believe it will be due to the large user database and number of transactions going through them, so they need more hands and Binance has chosen to be the helping hand.