Post
Topic
Board Altcoin Discussion
Re: Does Binance own more than 50% BNB on the market ?
by
mumang siat
on 06/11/2021, 17:02:15 UTC
Does Binance own more than 50% BNB on the market ? How decentralization BNB coin is ?

I don't know, I haven't found an article that talks about this. and CZ didn't provide any information about this either. for decentralization issues at bnb. this is actually nothing new. This issue has been around for a long time. and i see bnb is not fully decentralized. for a coin that is not mined, decentralization is far from being a reality. and bnb is definitely trying to make itself the center of crypto. so this is already hurting decentralization.
The information shared is not sourced from official news, articles are made only based on requests for existing problems, decentralization is basically there in BNB but not so strong, because many competitors are starting to put themselves in the center of crypto, which means BNB also wants the same thing , so decentralization is not significantly related and I think it is far from decentralized.