BINANCE Exchange Has Just Announced BINANCE CHAIN: They Continue to Evolve & Serve the Crypto-Sphere. Will They Use GRAPHENE as the Backbone

in #crypto-news6 years ago


Binance has taken the crypto world by storm the last few months,.

-- they are NOT Decentralized but they continue to push out tons of coins for support, ideas and projects.

#STEEM and #Bitshares runs on Graphene tech, and so will #EOS --- it was invented by @dan / @dantheman - aka Dan Larimer as the fastest blockchain tech available which can handle nearly infinite transactions per second, needed for things like a top exchange and their volume - like Binance.

--

They have had a few hiccups along the way, but always address them and make things right --- that alone is impressing a lot of people.

This statement from them below, is likely the best explanation out of their press release -- link and copy is also provided for you here.

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As a public blockchain, Binance Chain will mainly focus on the transfer and trading of blockchain assets, as well as provide new possibilities for the future flow of blockchain assets. Binance Chain will focus on performance, ease-of-use, and liquidity. Binance Coin (BNB) will be upgraded to exist on its own blockchain mainnet, becoming a native coin. At the same time, Binance will transition from being a company to a community.


Official Press Release/Link:


https://support.binance.com/hc/en-us/articles/360001668872-Binance-Chain

Binance Chain
1 day ago

Fellow Binancians,

In the world of blockchain, we have always believed that actions speak louder than words. Thus, a tailored blockchain is the best way to communicate ourselves.

In just six short months, Binance has transformed into one of the world’s most popular cryptocurrency exchange platforms. Additionally, we completed Binance Labs (a blockchain technology incubator), Binance Info (our Codex), as well as many other components that comprise the Binance ecosystem. We believe that continuously supporting high-quality blockchain projects is the best way to develop this industry. We will continue to improve this part, as we committed in our whitepaper. However, for Binance, this is far from enough.

After extensively researching decentralized exchange frameworks and analyzing existing implementations, we believe significant improvements can be made in providing Binance users with a level of trading experience to which they are already accustomed. Centralized and Decentralized exchanges will co-exist in the near future, complementing each other, while also having interdependence. We stand here today because we believe that Blockchain technology will change the world. In the face of adversity, we have always elected to tackle issues head-on, instead of retreating. As such, we have decided to officially launch the development of the Binance Chain.

As a public blockchain, Binance Chain will mainly focus on the transfer and trading of blockchain assets, as well as provide new possibilities for the future flow of blockchain assets. Binance Chain will focus on performance, ease-of-use, and liquidity. Binance Coin (BNB) will be upgraded to exist on its own blockchain mainnet, becoming a native coin. At the same time, Binance will transition from being a company to a community.

We know how hard it is to create a business, however, creating history is even harder. The real enemy is often ourselves. We need to continuously improve and disrupt ourselves. We need to work together to create a better version of ourselves. The futures belongs to the new us, together. Thank you for your unwavering support.

Thanks for your support!

-- Binance Team

-- 2018/03/13


Thanks for reading, have a nice day.


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Good info / thanks very much

It is too bad that Binance will blog about their own currency right here on Steemit and pump their own coin and yet refuse to list SBD. https://steemit.com/cryptocurrency/@binanceexchange/binance-chain
It doesn't seem fair.

Good post, good luck and have a good day :)

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