Binance Smart Chain Makes Even XRP Appear Decentralised
Crap

Binance Smart Chain Makes Even XRP Appear Decentralised


With DeFi all the rage in the Cryptoverse and still rapidly evolving. BCCS has been following a number of Crypto Twitter Accounts, to keep the finger on the DeFi pulse, so to speak. 

Back in 2020 the following blog was published with a list of 9 Twitter accounts to follow for all things DeFi.

For All Things DeFi Follow These Crypto Twitter Accounts

brave

@CamiRusso was top of the list.

  • Chiefess at Defiant News, a DeFi news platform
  • tweets mostly about Ethereum and DeFI related news
  • author of "The Infinite Machine", all about Ethereum
  • 40K twitter following

In Our Twitter Feed This Morning

Brave

Now what was the @CamiRusso question and what was the @cyber_hokie reply???

The Question

Brave

ok finally. facts.

Brave

Brave

Some More Q's And A's

Brave

The bit that got me was "BSC makes even XRP appear decentralized".

This was just an added bonus, "And worst part is that it doesn't even meaningfully solve scalability either".

Now haven't been a XRP fan for a few years. Ever since we were advised to dump our XRP HODlings due to being centralized. It is only recently that we have come to understand why that was such good advice.

So where does that leave BSC if they are worse than XRP???

Some More Interesting Comments

Brave

Conclusion

It made my afternoon at work very interesting, absorbing the information.

Started the blog on the phone but couldn't insert the tweets into the post. So we ended up with having to suffice with a screenshot instead.

It deserves at least 2 red flags for starters.  🚩  🚩

Do we trust Binance, definitely not. Do we use Binance, hell yeah!!!

Will be watching this space with renewed interest.

The END

 

 

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Bragato18
Bragato18

I am a sun sea and sand person, makes chocolate, grows organic vegetables, rides a Vespa and collects crypto. https://twitter.com/Bragato18CCS

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