Why binance chain??

[Kaneki11]

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??

[Imoote]

If CZ can be a guide for projects that will succeed and projects that will die, then we will really need it, because now there are several projects that attach binary images to their website with the aim that people can be interested in partnering with binaries, even though both cooperate.

[coinswebid]

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??

maybe because the hype of binance exchange with their IEO
in my opinion ethereum platform always better than binance chain,
because ethereum is fully decentralized, but i don't know about binance chain

[Jating]

I only heard that there are 4 projects who switches to Binance chain or at least used it (correct me If I'm wrong). So I don't think that is many, assuming that there are hundreds ICO right now and there are one born everyday.

And the only reason why they shift to Binance chain is that it is fast. So yes it has advantages but I don't think that ICO will totally moved to Binance chain for now. Might takes years if Binance chain has proven to be efficient, effective and cost wise, will save a lot of money for upcoming projects.

[awakpane]

In my opinion, Binance will not be a crypto monopoly, because binance has its own concept, so it is difficult to be a monopoly by other parties. moreover now they do not agree if there are ICOs that attach binary images without their consent.

[ned.ryerson]

I think that we definitely do not need Binance. Binance is good as an exchange, but I think that switching to a centralized blockchain is something that the cryptocurrency community does not need. I do not think this blockchain will be able to resist bitcoin

[enhu]

Binance had dominated the crypto though so its almost becoming like a monopoly but then the decentralization belongs to all. Since we need binance to make crypto more popular, there will be more tokens moving onto it. I have no complete idea to the binance chance though but if it happens that the BNB token is going to also be the gas fee, its going to make its price moon.

[Odessit_ya]

The exchange should earn on good conditions for traders, and not on pumping new govnotoken and delisting coins because of stupid emotions, one thing about Bitcoin SV, what it says

[Callanta787]

I'm surprised as well what binance is trying to do ,many projects will switch chain for sure but I think binance should have stay on been an exchange ,I hope this won't have a negative impact someday

[DeepChipolino]

...and then it turns out that the cryptocorporation was created. Who needs decentralization, if there is an opportunity to earn well from nothing?
If Binance will be successful all the time, this is not good for crypto.

[okala]

CZ will not be a crypto monopoly and the young guy have done great in recent time, success they say have many friend's and projects moving on the binance chain is due to they recent success recorded and no lies binance is a great cryptocurrency exchange with a lot of great works done one of which is the binance coin which is doing great and binance due diligence check before allowing any project on the chain.

[ParabellumLite]

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??

I'm not sure that will happen soon, because ETH still has their own strengths. Projects that swap via Binance Chain are still very few compared to the number of projects on ETH. I think it is a pump dump of BNB

[Adriano2010]

Well maybe some of people will choose to use Binance chain, and this is their choice, but i still think the Ethereum chain will be used more than Binance chain, and will need more time and i think they will somehow be used equally 50%-50% over more time.

[livingfree]

It is more of a hype and people are looking for a safe place to invest. And almost everything that is being listed on Binance is pumping. If projects that will transfer their chain from ethereum to binance. I don't think they are up for something.

I guess they are all in there because of the popularity of binance. And the tag line that is being included for Binance is attached to any project that will be using Binance chain, so I understand that this is more of a hype than real project's view to what's on their road map.

[hummer113]

I do not think that all will go from ETH to Binance blockchain, people haven't even tested Binance blockchain, there can be a lot of bugs and problems. Binance have hype and money, but Vitalik is a genius, and we trust him.

[10c]

Well maybe some of people will choose to use Binance chain, and this is their choice, but i still think the Ethereum chain will be used more than Binance chain, and will need more time and i think they will somehow be used equally 50%-50% over more time.

50 to 50 will never be. Ethereum will always go in front. it is already a more competent blockchain and smart investors and projects will be entrusted to it

[klaaas]

Since the most coins and traders are on binance to seek profits they willl do anything to please the crowd to there own benefits. binance chain is just a part of it. 

[kindbtc]

I agree with your point and i really think that there was no need of binance chain and smart contracts it is just being trying to capture all avenues. When binance as an exchange is doing great i think they do not need to jump on another board rather they should keep focussed and dedicated towards their exchange and traders.

[mrdeposit]

I think that we definitely do not need Binance. Binance is good as an exchange, but I think that switching to a centralized blockchain is something that the cryptocurrency community does not need. I do not think this blockchain will be able to resist bitcoin

Well, that makes sense. But we need strong exchanges for realizing the blockchain related cryptocurrencies. Centralized exchanges will stay with crypto traders until the popularity of the decentralized exchanges.

[martychubbs]

It is too early to say about the massive switch to Binance. However, this can happen and then Binance will become a crypto monopoly.