Vitalik Buterin opposed to the Binance DEX - The Cryptonomist
Over the weekend, the major players in the crypto world clashed over something expressed by the founder of Ethereum, Vitalik Buterin, who clearly stated that he was opposed to the Binance DEX because, in reality, the platform is centralised.
Replying to @VitalikButerin and 2 others
If that was the core of their criticism, you’d see them talking about Binance the same way. I think the real criticism lies in claiming Ethereum is decentralized when it clearly isn’t. Liquid was never advertised as decentralized.
The binance DEX claims to be a DEX right in the name, but it's hardly decentralized. Seems like a way better target than ethereum, which merely has a few governance values that some BTC people don't like.
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The story started from a video made by Riccardo Spagni, creator of the Monero (XMR) crypto, in which he presented the new BTSE exchange based on Liquid’s blockchain and whose marketing director, Lina Seiche, criticised the centralisation of Ethereum, comparing it to what was also said against Binance.
Learn about #BTSE, Liquid @Tether_to, and interpretive dance with @fluffypony and @magicalcrypto
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To this criticism, Buterin replied that it is Binance DEX that is a centralised exchange, whereas the ETH blockchain isn’t because its governance would be superior to Bitcoin’s, explained the Ethereum founder.
Replying to @LinaSeiche and 2 others
The binance DEX claims to be a DEX right in the name, but it's hardly decentralized. Seems like a way better target than ethereum, which merely has a few governance values that some BTC people don't like.
Poor redirection attempt. Focus guys, will let you guys @VitalikButerin @LinaSeiche debate it.
While we focus on #buidling.
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The CEO of Binance, CZ, who felt the need to take part in the debate, has criticised the comments of the parties involved and invited the BTSE exchange to the debate, though it seems that it has not yet replied.
Replying to @LinaSeiche and 2 others
The binance DEX claims to be a DEX right in the name, but it's hardly decentralized. Seems like a way better target than ethereum, which merely has a few governance values that some BTC people don't like.
Poor redirection attempt. Focus guys, will let you guys @VitalikButerin @LinaSeiche debate it.
While we focus on #buidling.
35 people are talking about this
It’s hard to say how the situation will evolve, there are many debates and different sides on this issue, such as the recent accusation by the founder of DigiByte, Jared Tate, against TRON (TRX) who called Justin Sun’s blockchain the biggest scam in crypto history. Or the events, related to the latter, related to Poloniex that has unfairly delisted the DGB token.
Undoubtedly it’s good marketing for the BTSE exchange which is getting a lot of attention thanks to the people who criticised the video.
