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Binance Snatches Another Decentralized Dream: Is This Crypto’s Downfall or Its Destiny?

A  illustration of two opposing figures standing side by side - one holding hands with Binance's logo in the background while wearing a crown symbolizing centralization; the other is shown breaking free from chains representing decentralization and looking towards an open, decentralized network.

Just another day in crypto land where ‘decentralization’ is just code for ‘we’re too scared to list on anything other than Binance’. Scroll’s recent listing on the very centralized exchange it claims to be against has left many wondering if this project was always a Trojan horse. Or, you know, maybe they just really love being beholden to Changpeng Zhao and his merry band of crypto bros.

Source: cointelegraph

Scroll, an Ethereum layer-2 project, was recently listed on the centralized cryptocurrency exchange Binance, sparking debate in the crypto community about centralization. The listing, announced on Oct. 11, was praised for its potential to boost growth but criticized for its perceived alignment with centralized entities. Concerns were raised about whether the project was compromising on its decentralization principles. X user Zeng Jiajun framed Scroll’s decision to list on Binance as […]

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