Quote from: slaman29 on May 01, 2019, 09:15:18 AM

Quote from: hummer113 on April 29, 2019, 05:27:53 PM

This is why there is a great danger of using a single centralized platform. Binance is not only CZ, but lately there have been a lot of different charges against it, it makes me wonder.

This is something that everyone has to realize! Not only in online services but even in crypto itself. Far too many people are buying altcoins that are also under the control of one entity. I admit I even bought Litecoin when Charlie Lee was in charge but I'm glad he no longer is. The sooner Ethereum also stops relying on Vitalik Buterin for its future the better. Binance will of course never be owned by many.

This being under a single entity doesn't ruin the reputation when it is completely away from the single entity's control. One of the developer is Vitalik and the same doesn't mean the network is completely relying on him. Binance too the same, the continued development is the reason for the growth, now they're focused on creating their blockchain as well the decentralized exchange adds more value to BNB.