Centralization and decentralization platforms will coexist, complement, and rely on each other for a period of time in the future.According to the information released by Coin On Company on Tuesday (March 13th), they haveA public chain has been launched with the aim of building a new decentralized exchange.The cryptocurrency exchange stated that by developing a new BinanceChain, they will transform from a "corporate" to a "community", and that BinanceChain will also be used to transfer or trade different blockchain assets.It is worth mentioning that,Coin An also announced that it will migrate BinanceCoin to its native blockchain.Currently, Coincoin is an ERC20 digital token running on the Ethereum network. However, for users holding ERC20 coins, it is currently unclear whether they will exchange tokens in some form.In addition, Coin An Coin will become an important foundation for blockchain asset trading, coexisting with other more centralized products of Coin An.In a statement, Qian An stated:BinanceCentralization and decentralization platforms will coexist, complement, and rely on each other for a period of time in the future.Binance Chain
Centralization and decentralization platforms will coexist, complement, and rely on each other for a period of time in the future.
According to the information released by Coin On Company on Tuesday (March 13th), they haveA public chain has been launched with the aim of building a new decentralized exchange.
The cryptocurrency exchange stated that by developing a new BinanceChain, they will transform from a "corporate" to a "community", and that BinanceChain will also be used to transfer or trade different blockchain assets.
It is worth mentioning that,Coin An also announced that it will migrate BinanceCoin to its native blockchain.Currently, Coincoin is an ERC20 digital token running on the Ethereum network. However, for users holding ERC20 coins, it is currently unclear whether they will exchange tokens in some form.
In addition, Coin An Coin will become an important foundation for blockchain asset trading, coexisting with other more centralized products of Coin An.
In a statement, Qian An stated:
“在对去中心化交易平台进行了深入的研究后，我们认为基于目前的公有链开发的去中心化交易平台不足以支撑Binance用户得到更好用户体验，Centralization and decentralization platforms will coexist, complement, and rely on each other for a period of time in the future.我们站在这里是因为我们相信区块链在改变这个世界，遇到问题的时候，我们选择挑战而不是屈就。现在，我们决定正式启动Binance Chain。”
BinanceChain, as a public chain, will focus on the trading and conversion of blockchain assets, providing new possibilities for future blockchain asset flows. BinanceChain will focus on high performance, ease of use, and liquidity. BinanceCoin (BNB) will upgrade its main network from ERC20 token to Coin in the future, and Binance will also achieve conversion from enterprise to community
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