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CZ’s Thoughts on BNB Chain’s Decentralization

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On March 8, CZ, the founder of Binance, said in the AMA that one of the reasons why he did not participate in the research and development of BNB Chain was tha…

CZs Thoughts on BNB Chains Decentralization

On March 8, CZ, the founder of Binance, said in the AMA that one of the reasons why he did not participate in the research and development of BNB Chain was that he hoped that BNB Chain would remain decentralized, and he usually focused on dealing with CEX, and would also pay attention to BNB ecology in the future when he had enough time.

CZ: I didn’t participate in the research and development of BNB Chain in depth, hoping to maintain decentralization

Analysis based on this information:


In a recent AMA, CZ, the founder of Binance, shared his thoughts on the development of BNB Chain. According to CZ, one of the reasons why he did not participate in the research and development of BNB Chain was because he hoped that it would remain decentralized.

This is an important statement as it indicates that CZ understands the importance of decentralization in the blockchain space. Decentralization ensures that no single party can control the network, making it more secure and resistant to attacks. By prioritizing decentralization, CZ is ensuring that BNB Chain remains true to the principles of blockchain technology.

CZ also mentioned that he usually focused on dealing with centralized exchanges (CEX). This is not surprising given that Binance is one of the largest centralized exchanges in the world. However, it is interesting to note that CZ is still paying attention to the development of BNB ecology, even if he is not directly involved in its development.

It is clear that CZ trusts his team to handle the development of BNB Chain, and he only intervenes when necessary. This shows his leadership style, which involves delegating responsibilities and trusting his team to deliver results.

Overall, CZ’s statement on the decentralization of BNB Chain is a good sign for the blockchain community. It shows that even the leaders of centralized exchanges understand the importance of decentralization and are committed to ensuring that their blockchain projects remain true to its principles.

In the future, we can expect CZ to pay more attention to the development of the BNB ecology, once he has enough time. This further demonstrates his commitment to the long-term success of Binance and BNB Chain.

In conclusion, CZ’s statement on the decentralization of BNB Chain is an important one. It confirms that Binance is committed to the principles of blockchain technology and is willing to prioritize decentralization to ensure the security and resilience of their blockchain projects.

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