Community post
Binance is getting it's own blockchain
Binance, the biggest centralised exchange site is moving to integrate blockchain tech. Finally.
According to Binance, they are researching decentralized exchanges and how best to become decentralized.
Here's a snippet from the official Statement they released.
After extensively researching decentralized exchange frameworks and analyzing existing implementations, we believe significant improvements can be made in providing Binance users with a level of trading experience to which they are already accustomed. Centralized and Decentralized exchanges will co-exist in the near future, complementing each other, while also having interdependence. We stand here today because we believe that Blockchain technology will change the world. In the face of adversity, we have always elected to tackle issues head-on, instead of retreating. As such, we have decided to officially launch the development of the Binance Chain.
Binance chain will be a blockchain that focuses on transfer and trading of blockchain assets which Binance is already synonyms with and also provide new possibilities for the future flow of blockchain assets.
Here is a link to the official announcement on the Binance website
(Click here to register on binance and start your cryptocurrency trading journey)[https://goo.gl/cePzBK]
Replies (6)
Only thing the exchange was lacking 😍
Yes! And it is finally coming. I see the value of BNB coin shooting up. Binance has really outdone themselves in the space of a year!
🏌️
I like the effort to be better. Maybe I will change from Poloniex. They are really not improving anything.
Bittrex doesn't seem to want to improve too. KuCoin and Binance seem to be the only too exchanges that actually want to prepare for what they future has in store for us.
I dont use them. But poloniex is like a normal website in the mid-2000's. :/