Vitalik Buterin: Binance DEX Has Much More Centralization Problems than Ethereum
The founder and chief developer of the Ethereum cryptocurrency, Vitalik Buterin believes that the centralization problem relates more to Binance DEX than to his brainchild. He wrote about this on his Twitter. Recall, recently, BTSE management criticized Ethereum, in their opinion, the project has a too centralized structure. Besides, they ordered a commercial from contractor Magical Crypto Friends, which also showed that the project of Vitalik Buterin is not decentralized. Continuing the discussion, the founder of Ethereum talked about the Binance DEX platform, the title of which speaks of decentralization, but in his opinion, this is not true. The CEO of Binance, Changpeng Zhao reacted to this statement quite quickly. He said that unfortunately, at the moment there is no absolute decentralization, and blockchain projects should appreciate the work of exchanges that help develop the ecosystem. Recall that last year Vitalik Buterin said that the development of the cryptocurrency industry needs decentralized exchanges, while all centralized platforms should “burn out in hell”.