Thread: Ethereum
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Old 10th March 2021, 10:17     #574
Nich
 
No FOMO, No trending coins. Give me decentralised projects with full blocks of real world usage.

Binance white paper mentions Ethereum every paragraph. It's proof of stake, with only 21 federated validator nodes (i.e Binance will probably always own all 21 validator nodes). I haven't checked it's on chain stats but the lions share of fees go to the validators (i.e Binance) so Binance can theoretically wash trade at 0 cost to give the appearance of a fully utilised blockchain.

On the otherhand, BNB is a good short term buy because Binance will be the on ramp for lots of normies new to crypto this cycle.
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but what would I know?
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