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BNB Switched to Mainnet - Code Not Open-source

BY: @kingscrown | CREATED: April 25, 2019, 12:51 a.m. | VOTES: 666 | PAYOUT: $22.67 | [ VOTE ]

Binance moved BNB to its own chain, yet part of its code is not open source. Crucial part - nodes who move the network.

[IMAGE: https://ipfs.busy.org/ipfs/QmaKrAuBQeMZo1hX2AkcWwGeHyEoAqyvpBBSruKHNRNuof]
[IMAGE: https://ipfs.busy.org/ipfs/Qmd5PSSC8qy9hvA53sFfHoZxwRPauvATCHthNDXbbUgkcj]

Worth to note some tokens already said they will switch to BNB network ie MITH.

BNB Markets

[IMAGE: https://ipfs.busy.org/ipfs/QmYTa1P3owAcbWYze1KTzARFm6atbQtuVS4qmK6fBFMFLn]

TAGS: [ #bitcoin ] [ #blockchain ] [ #busy ] [ #binance ] [ #crypto ]

Replies

@awesomianist | April 25, 2019, 1:03 a.m. | Votes: 0 | [ VOTE ]

Name: Binance Chain
Consensus algorithm: get Approval from CZ

Posted using Partiko Android

@kingscrown | April 25, 2019, 1:09 a.m. | Votes: 1 | [ VOTE ]

:) :D

@bitcoinflood | April 25, 2019, 1:36 a.m. | Votes: 2 | [ VOTE ]

Yeah I wrote about Binance the other day and how they seemed to be becoming a big greedy corporation just the thing we have been trying to get rid of. These people seriously get a big head after a while...

@majowonline | April 25, 2019, 2:28 a.m. | Votes: 0 | [ VOTE ]

On the other hand every scam would be jumping to get on their chain and it would be a pr nightmare

Posted using Partiko Android

@hijosdelhombre | April 25, 2019, 3:21 a.m. | Votes: 0 | [ VOTE ]

Well.... Some years ago there was a big scam called Mt.Gox... they got "hacked" and shaddy things happened.

@showtime24 | April 25, 2019, 3:27 a.m. | Votes: 0 | [ VOTE ]

That is concerning. I'm wondering how they will answer this when it is put into the spotlight?

@nolim1t | April 25, 2019, 10:37 a.m. | Votes: 0 | [ VOTE ]

That’s very unfortunate that is like that. I like binance but I hope they see the error of their ways.

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@steem-ua | April 25, 2019, 11:54 a.m. | Votes: 0 | [ VOTE ]

Hi @kingscrown!

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Your UA account score is currently 7.377 which ranks you at #37 across all Steem accounts.
Your rank has improved 1 places in the last three days (old rank 38).

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@travelersmemoire | April 25, 2019, 3:56 p.m. | Votes: 0 | [ VOTE ]

This is definitely concerning for crypto as a whole. If things keep shifting to big companies and closed off sources what is the advantage of using crypto?

Posted using Partiko iOS

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