twitter.com/binance/status/1104933143151239169
28:35 - "When we launch it will be like 10-20 Assets"
Hes talking about the Dex. In order to be listed on Binance Dex you have to be on Binance Chain.
ALSO.
Binance Charges 100K Listing Fee to be paid in BNB!
and people are planning to short this on a shitty new exchange with zero liquidity. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHHAHAHAHAHAHAHAHAHHAHAHAHAHAHA
You seriously think they don't have the pockets to provide liquidity?
HAHAHAHAHAHAHAHAHAHAHAHA
FUCKING MORON
You shorting bnb or all talk?
can you make your post intelligible for people who aren't following your shitcoins all day long?
Every one is talking shorting when margin can be used to go long as well. Bitmax launching BNB margin might infact send this shit even further past the moon.
There was a livestream from a Binance Employee where he answered questions about the upcoming Binance Chain and Binance Decentralized exchange. He was asked how many crypto assets will be on Binance Chain and Dex upon Launch. He stated there would be about 10-20 crypto assets moving over to the Binance Chain to just to start.
This is big because it was only reported before that 8 assets were moving to start.
The More Crypto Assets that move to Binance Chain and Dex = The Bigger the BNB price will be get due to is being utilized more!!!!
Long story short BNB to the fucking MOON.
>Binance Chain and Binance Decentralized exchange
What the difference between this and current Binance? Obviously "decentralized" but what does it mean for us?
You control your keys.
Binance Chain is Binance's own Chain they will no longer be an ERC-20 coin.
Binance Chain will have faster transactions and less fees than ethereum (only 1 block confirmation)
Binance Decentralized exchange is similar to a Forkdelta exchange where you hold your own keys. But in this case is not on ethereum chain its on Binance Chain.
You control your keys = FUNDS SAFU!!!
Where does that leave BNB?
damn, BNB is going to rocket if this happens
On the moon
>faster
>decentralized
Fucking brailet it's faster because they control the nodes and have many orders of magnitude less stress and usage on the network than Ethereum.
The Binance Chain and DEX will be powered by its native BNB token. The consensus algorithm of Binance Chain will be dBFT
This is the same algorithm as for example NEO uses. BNB will be like NEO GAS, used for every transaction in small fees.
This will be done by consensus nodes
Nodes on the blockchain will handle:
- Sending of the native coin
- Issuing of tokens
- Sending/receiving of tokens
- Placing orders and handling trades
Nodes on the network will be compensated by transfer, order, trading, and other fees. Other fees include token creation, and ICOs.
More than 95% of the BNB supply is currently deposited on Binance.
When Binance Chain launches, users will have an incentive to withdraw BNB from Binance to stake nodes.
This will reduce the amount of BNB on the sell side, and allow the buyback program to push BNB up into the top 5.
DYOR bud. Binance has already stated and was reconfirmed in the Live Stream I posted above that Binance chain will initially have centralized nodes but WILL in fact move over eventually to Decentralized nodes.
Fucking faggot shills kill yourselves.
BNB is a centralized shitcoin used to trade shitcoins that will go to zero when anything that matters is being traded on an ACTUAL decentralized exchange (lightning network)
Wait does that mean you wont be able to have bnb on an etherium wallet. What about the bnb on my etherium wallet now?
Its the same as Any other Coin that starts of with its ICO on ETH (erc-20) then eventually moves over to their Own Chain. ex. EOS.
You will get instructions from the community/announcements on how to have your coins swapped to new chain.
If they are on exchanges its usually done for you no hassle.
When is this going to happen? Should I just move my BNB back to bianance?
but binance controls the chain. think about that for a minute.
I thought about it. I'm ok with it.
You are fine just follow the twitter announcements.
It will eventually be decentralized as stated before.
No. It wont. Ever. Lol.
>You control your keys = FUNDS SAFU
This is one of the dumbest beliefs in crypto. People are way more likely to lose or forget thier own key than lose it on an exchange in a first world county.
Bnb chain will be dPoS just like NEO and EOS. Txs per second will thus be high, decentralization not optimal. Probably 21 validators again, of which a few will stay Binances.
I have yet to understand why the chain is needed in the first place.
Not decentralized
Scam
Just went all in
quadrigacx, poloniex and bittrex are firstworld exchanges and they all exitscammed. holding your private key is objectively safer if you're not a brainlet
don't your normalfag ass ever argue the "exitscammed" point either, retroactive kyc in breach of previous terms agreed to means just that to anyone who values their privacy
retard
>bittrex launched bitsdaq a new exchange for asia to compete with binance
>they are giving away 20k BXBC tokes for free
>Its guaranteed to go to $1 at least
>he isn't signing up
>literally getting $20k usd for signing up with a throwaway email
don't be a retard, binance airdropped me 1000 bnb and i sold at $3, this is giving me the same vibe.
ZFEU7UVU use this code to get 2000 extra tokens.
Yeah this is shooting to $20. There's no reason to NOT HOLD.
buy bnb and get a 2x
or buy bitmax and get a 100x
hmm. tough choice
50B supply
>Binance Dex you have to be on Binance Chain.
Scammy as fuck
They're multimillionaires by this point what else do they have to gain?
So, basically, fuck vitalik, fuck link.
good news
also we are entering the phase of big players. the time of garage fat fucks and fucking russian heroin addicts is over
to become a facebook of crypto, obviously
this board is full of fucking slav degenerates
You do realize the first 10-20 don't have to pay the listing fee/probably already did you downie. So listing that doesn't matter.
>100x
oh lol. by whom? on which volume?
Why not?