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Their announcement was today, the BNB price went upππ of course, things are moving in the right direction.
Here's what they posted:Good to hear that Binance (http://bit.ly/2AMfkXA) is going for a Decentralized model.
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. π¨βππ©βπ§π©ββοΈπ¨βπΎπ©βπΎπ¨βπ³π¨βππ©ββοΈπ¨ββοΈπββοΈπββοΈπββοΈπ ββοΈπΊπββοΈπποΈββοΈποΈββοΈβΉοΈββοΈποΈποΈπ¨βπ¨βπ§βπ¦
I agree, this is a great step moving forward for binance. more enhanced security by issuing bounty program to the community is the way to go. providing incentive for the users to act in the best interest of the users.
Yes