You are viewing a single comment's thread from:

RE: Binance Smart Chain DEX Pancake Swap surpasses Uniswap as the worlds largest DEX.

in LeoFinance • 3 years ago

I have read allegations that BSC is centralized, how true is that?
Like I mentioned in a previous post there is a lot of duality in the crypto sphere. However, this will foster competition and competition is good for the end-user in the long and short run. I want to see how ethereum respond to this.

Posted Using LeoFinance Beta

3 years ago in LeoFinance by
$0.00
    1 vote
    Reply 1
    Sort:  
  • Trending
    • [-]
     3 years ago  

    Yes.
    Binance calls it’s operations Cendefi
    Binance uses a decentralized model with nodes running the exchange, called Validator. But Binance approves them, and owns all of them, so they admit their system is centralized in reality, which decentralized in appearance.

    Posted Using LeoFinance Beta

    $0.00
      Reply