Quote from: Kemarit on Today at 03:13:38 AM

Quote from: tvplus006 on October 26, 2021, 03:45:17 PM

Quote from: MrSolo on October 26, 2021, 11:30:18 AM

.... i would like to hear what you guys think...

I can assume that these wallets that the OP indicated belong to the Binsnce exchange and, accordingly, they contain BNB coins of exchange users. But in any case, a lot of coins are in the possession of the exchange team, which were released in 2017 and partially unblocked this summer.

This is what I initially though, since it's obvious that BNB has been trading in Binance so they majority of it will be on their wallet, but doesn't it mean that they own it personally? That's two different things in my opinion.

And I'm not sure where the attack or hate from the OP is coming from. I mean there are projects that hold the majority of the stakes but still people invest on them even though it's centralized.

Firstly i don't hate BNB, i was searching around about BNB and how it works and looking for potential long term success and after seeing the holding wallets i was very surprised, i understand that much of it is probably from the staking, exchange..etc, but at the end of the day Binance own wallets have 83% of the bnb, my post was to ask experienced people in the field whether or not if that can effect the price and the confidence on the coin as i'm not sure by owning that much will it effect the network.

I'm trying to imaging what if ETH or BTC had 83% of it's coins owned by one entity would they still be as successful, my prediction is probably not, but maybe because of the future adoption of crypto and the increased volume this wouldn't effect BNB's price, idk