Binance has announced the mainnet launch for the new version of Binance Coin (BNB), as well as the decentralized exchange (DEX) are to be expected by the end of the month. The long-awaited announcement added to the general optimism as the markets are in the green again.
https://twitter.com/binance/status/1113630326171955200
The Binance DEX has been criticized for not being a purely decentralized entity. The network will rely on delegated block production, where initially Binance would secure the block producer servers. Additionally, the exchange will have centralized order matching.
The DEX launch will see Binance Coin (BNB) still exist as an Ethereum-based token. BNB has grown in importance, as trading volumes picked up. Additional...