Bitcoin Forum
April 30, 2024, 05:15:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Is Binance Chain Centralized?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Is Binance Chain Centralized?  (Read 118 times)
Farul (OP)
Sr. Member
****
Offline Offline

Activity: 270
Merit: 309


Shinji bgt gwh


View Profile
June 30, 2019, 01:41:18 PM
 #1
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?
"I mustn't run away, I mustn't run away." - Shinji Ikari
🤖 Wannabe CTF Player 🌌
👼🚀
1714497351
Hero Member
*
Offline Offline

Posts: 1714497351

View Profile Personal Message (Offline)

Ignore
1714497351
1714497351
Reply with quote  #2
1714497351
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714497351
Hero Member
*
Offline Offline

Posts: 1714497351

View Profile Personal Message (Offline)

Ignore
1714497351
1714497351
Reply with quote  #2
1714497351
Report to moderator
Tipstar
Sr. Member
****
Offline Offline

Activity: 1750
Merit: 280


Smart World Global Token


View Profile
June 30, 2019, 02:20:03 PM
 #2
Quote from: 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?


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

.SWG.io.
●
●
●
●
●
●
●
●
●
●
●
●

█▀▀▀
█
█
█
█
█
█
█
█
█
█
█▄▄▄

▀▀▀█
█
█
█
█
█
█
█
█
█
█
▄▄▄█
●
●
●
●
●
●

█▀▀▀
█
█
█
█
█
█
█
█
█
█
█▄▄▄

▀▀▀█
█
█
█
█
█
█
█
█
█
█
▄▄▄█
●
●
●
●
●
●
``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀
FIRST LISTING
CONFIRMED
●
●
●
●
●
●
sandra_x
Member
**
Offline Offline

Activity: 574
Merit: 14


View Profile WWW
June 30, 2019, 02:30:02 PM
 #3
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.
VanDeinsberg12
Hero Member
*****
Offline Offline

Activity: 1540
Merit: 507



View Profile
June 30, 2019, 03:09:44 PM
 #4
Quote from: 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?

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.
.......[url]CHOOSE LIFE   ♦   CHOOSE SPACE   ♦   CHOOSE FRIENDS...........[URL].....►  C O M I N G   S O O N.....
Mr.Zero
Member
**
Offline Offline

Activity: 248
Merit: 11


View Profile
June 30, 2019, 03:26:56 PM
 #5
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.
HASHBON ROCKET
CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM


TOKENS FOR BITCOINTALK USERS FOR SIGNATURES! ANN TREAD ! WHITEPAPER ! LITEPAPER !
Pages: [1]
  Print  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Is Binance Chain Centralized?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!