PODCAST: What’s the BNB Chain?
Key Takeaways
- Alex Kim is the Head of Partnerships within the Americas for BNB Chain, and he joins the CoinJournal podcast
- He chats concerning the bear market, an interoperable future, the benefit of constructing on BNB Chain, fuel charges, decentralisation and extra
- The darkish aspect of of crypto, the migration of initiatives from different blockchains and way more are additionally mentioned
There are 1,000,000 totally different blockchains within the crypto house immediately, and it may be complicated to know all of them.
At the moment, Alex Kim joins the CoinJournal podcast, the Head of Partnerships within the Americas of BNB Chain, to speak all issues BNB Chain. The chain has grown immensely rapidly to the place it’s now one of many largest gamers within the house.
The dialog touched on many factors. Alex started by masking the much-discussed subject of what position Binance performs in all this. An early backer, Alex describes how the world’s largest crypto trade is now a definite entity from the blockchain.
He additionally chats about BNB and the position it performs on the blockchain, in addition to a budget fuel charges that are prevalent on the chain, in distinction to some rivals.
As regards to rivals, he touches on Ethereum and what he believes will probably be an interoperable future. Additionally coated is the current migration of a number of initiatives, together with the much-publicised addition of Uniswap, one of many largest gamers within the DeFi house.
In fact, it’s onerous to not discuss concerning the bear market. The torrid yr that was 2022 introduced many challenges for everyone within the cryptocurrency house, and Alex chats about what it was wish to navigate the trade throughout this time.
He additionally delves into darkish aspect of crypto and the downsides of it being really easy to construct on this decentralised world. Scams are commonplace, with many initiatives going to zero during the last yr, with retail buyers typically those left holding the bag.