Binance Dedicates One other $1B to Good Chain Mission — CoinDesk

 Binance Dedicates One other $1B to Good Chain Mission — CoinDesk



BSC has confronted criticism for being much less decentralized and safe than a few of its opponents. There was a rising variety of “rug pulls” or exploits on DeFi initiatives constructed on BSC this yr, and BSC’s safety algorithm, often known as Proof-Of-Staked Authority (PoSA) , is managed by solely 21 node operators. However Binance’s Zhao informed CoinDesk beforehand that in designing BSC, the sacrifice of decentralization was unavoidable to ensure that BSC to compete in opposition to Ethereum.



Source link

Related post