Isn't Binance / BNB centralized? Maybe I'm remembering wrongly.
I thought the fees would be enough to deter spam attacks and cover costs. Seems like BNB is going the way of ETH even though the fees will never go as high with the bigger block size.
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Yes it is centralized but even so that doesn’t mean running a node and having validators is free. The more BNB grows the more value in it the more security threats the more they need to improve the service! Binance isn’t a charity they here to make money lol
BNB will be an ETH because it’s the same tech so they’ll hit the wall soon, the scaling trilemma for on-chain computation has not been fixed
You can had zk roll ups, sharding and proof of stake along with side chains like ETH is doing but the main chain will always be gobbling up resources because of all the back data too
It’s not an easy problem to solve abs eveyeone is waiting for ETh to solve it so they can copy it
BCH has also released a ETH/BSC chain to try and get in on the action and TRON have set up a bridge with BSC to help too
I'm happy to pay the fees... what i'm not happy with is the minimum amounts. So in my case, i wanted to convert 100 TRX to use for fees on cub. I probably have to check this Tron bridge out because what used to be a simple process has come to require way too many steps.
Alternatively, it seems like TRX->BNB->BUSD works for a $10+ withdrawal, before converting it back to BNB.