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CZ’s Views on BNB Chain Development

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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…

CZ’s Views on BNB Chain Development

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:


On March 8th, CZ, the founder of Binance, responded to a question in an Ask Me Anything (AMA) session about his involvement in the research and development of BNB Chain, the blockchain infrastructure for Binance’s native cryptocurrency, BNB. CZ explained that he deliberately did not participate in the development of the BNB Chain because he wanted it to remain decentralized. This statement highlights his unwavering commitment to the ideology of decentralization, a core principle of the blockchain technology on which Binance is built.

CZ’s reluctance to participate in the development of BNB Chain may seem surprising at first, considering that he is the CEO of Binance and would have significant input into the development of the platform. However, his reasons for not being more involved in the technical aspects of the project are two-fold. Firstly, CZ is focused on dealing with CEX, or centralized exchanges, which make up the majority of Binance’s business. It’s understandable that he would prioritize these aspects of Binance as he is primarily responsible for ensuring the success of the exchange.

Secondly, CZ has suggested that he will pay more attention to the BNB ecology in the future when he has more time. By “ecology,” he is likely referring to the broader ecosystem of projects that use BNB as a form of exchange or as collateral. This ecosystem includes the development of decentralized applications (dApps) and other blockchain innovations that use BNB as their native currency.

CZ’s statements demonstrate his commitment to decentralization and his belief in the power of blockchain technology. It’s clear that he sees the potential of BNB Chain and its ecosystem to revolutionize the financial industry, but he wants to ensure that it remains true to its guiding principles. By focusing on CEX and leaving the technical development of BNB Chain to his team, he is delegating responsibilities in a way that allows him to prioritize his expertise and ensure that Binance is always moving forward.

In conclusion, CZ’s comments on the development of BNB Chain suggest that he is well aware of its significance to Binance and is confident in his team’s ability to develop it. By prioritizing CEX in his day-to-day operations, he is continuing to ensure the success of Binance while still paying attention to the broader ecosystem of projects that use BNB. His views on decentralization and his commitment to preserving it will likely guide the future of Binance and BNB Chain.

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