Implications of the Binance Smart Chain

[Anonymous No.29187164]

What does the success of BSC MEAN for crypto in general? Are centralized systems inherently cheaper than decentralized?

Why would we invest in decentralized systems if only a small percentage of people would ever willingly pay more for a decentralization premium? Literally only spergs or felons would give a shit about that.

[Anonymous No.29187420]

>>29187164
It'll be up to the leaders and innovators on the "decentralized" side of things to step it up. I don't think there's much of a difference in terms of centralization when it comes to eth vs bsc though. Vitalik and his pals could rug the nodes just like cz could, not to mention how many of eths nodes run on AWS. It's really not much of a difference despite what you'll hear from ethkikes on here.

[Anonymous No.29187441]

>>29187164
>new ethereum
no, them copy pasting eth code doesn't mean anything other than that they don't care and that it's going to end in a PnD
instead we have great minds trying to solve the problem you listed
algo, kda, maybe even avax or other coins

[Anonymous No.29187666]

>>29187164
Simple, the decentralized side needs to work on the gas fees that made BSC such an attractive alternative.

[Anonymous No.29187721]

>>29187164
It means I want to buy BnB but it wont fucking dip

[Anonymous No.29187766]

>>29187420
This but unironically

[Anonymous No.29187879]

>>29187666
i have high hopes for arbitrum to help with that, but i am prepared to be let down

[Anonymous No.29187901]

>>29187164
bsc is a temporary look into what eth and defi built on top of it will do when gas fee's are taken care of and it scales. bsc will not end well, I think cz knows this probably and wants to blast off hard as his last hurrah

[Anonymous No.29187989]

>>29187164
No shit centralized is cheaper. That's the tradeoff made for decentralization. But decentralization is worth it.

[Anonymous No.29188101]

>>29187420
Correctu. You’re basically trusting CZ over Bezos/Vitalik. Not too much worse honestly.

[Anonymous No.29188290]

>>29187420
>>29188101
Though I have to say in my honest opinion BSC is most likely a fad and will be oversensationalized, I do expect it to probably grow a bit more but inevitably dump, though CZ is pretty based so I don't really care about the level of centralization, I don't even understand why people hate CZ so much when his product (binance) has been very honest and kept good customer service

>t. baby whale

[Anonymous No.29188498]

>>29187164
it's poorfag cope. People shilling it are either paid chinks, summerfags, or ironically shilling it. It's not decentralized so it's not crypto.

If it sticks around it will suck up market cap that could be used to develop real solutions for real blockchains and may have a negative impact of slowing down the date where we all make it. If it crashes it could have the negative effect of making people wary of investing in crypto because if the biggest interanitional exchange put out a blatant pump and dump, who can you trust?

I think it's a gme situation where retards will baghold for slopes and get burned, and business will return to usual.

[Anonymous No.29189304]

>>29187164
动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 chink rugpull 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 centralized shitchain 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 binance trash 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 CZ Chinese Nigger 劉曉波动态网自由门

[Anonymous No.29189778]

>>29187441

Where's your network effect faggot? BnB is the only contender with ETH. ETH has an ecosystem of tens of thousands of developers. You're lame ass eth-killers have squat, nada, NOTHING.

[Anonymous No.29190632]

>>29187420

> don't think there's much of a difference in terms of centralization when it comes to eth vs bsc though. Vitalik and his pals could rug the nodes just like cz could, not to mention how many of eths nodes run on AWS.

Jesus christ you're retarded. If you dont see the difference between 21 nodes, of which binance controls 11, and controls the majority of BNB and a chain with thousands of validators then you are the biggest fucking idiot on earth.

CZ and his copy paste blockchain will end up stealing your funds if you piss him off, just like he and Justin Sun did on Steem. And good luck getting your little fish funds off BSC when Binance gets the Bitmex treatment and their nodes get shut down

[Anonymous No.29190788]

>>29188290

> I don't even understand why people hate CZ so much when his product (binance) has been very honest and kept good customer service

People hate him because he disohonestly markets his centralized copy paste blockchain as decentralized, helped his buddy Justin Sun takeover the Steem network, and artificially inflated ETH gas fees by making all withdrawals from Binance 10-30% above the higest gas prices to make Ethereum unusable.

I wil laugh my ass off when he gets the Arthur Hayes treatment

[Anonymous No.29190882]

>>29187164
you might as well invest in space in a MySQL database, you stupid faggot. the whole point of crypto is decentralization. fuck chinks

[Anonymous No.29191039]

>>29187721
enjoy missing out on the ride, its not getting any lower