Scroll lists on Binance, sparking debate over centralization concerns

https://cointelegraph.com/news/scroll-binance-listing-centralization-debate

2 Comments

  1. tldr; Scroll, an Ethereum layer-2 project, was listed on Binance, sparking debate over centralization concerns. The listing, announced on Oct. 11, was seen as a growth opportunity but criticized for aligning with centralized entities. Critics questioned if Scroll was compromising its decentralization principles. Scroll co-founder Ye Zhang stated the partnership with Binance aims to expand the ecosystem, especially in emerging markets, and facilitate easier fund transfers. Concerns about token distribution were addressed, ensuring community airdrops remain unaffected.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. Long story short , most people don’t care for decentralization. They only care about the money.

    That is why people won’t care about some coins/projects “decentralization principles” as long as they are earning money from it.