Vitalik Buterin opposed to the Binance DEX
Vitalik Buterin opposed to the Binance DEX

Vitalik Buterin opposed to the Binance DEX

By Alfredo de Candia - 23 Dec 2019

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Over the weekend, the major players in the crypto world clashed over something expressed by the founder of Ethereum, Vitalik Buterin, who clearly stated that he was opposed to the Binance DEX because, in reality, the platform is centralised.

The story started from a video made by Riccardo Spagni, creator of the Monero (XMR) crypto, in which he presented the new BTSE exchange based on Liquid’s blockchain and whose marketing director, Lina Seiche, criticised the centralisation of Ethereum, comparing it to what was also said against Binance.

To this criticism, Buterin replied that it is Binance DEX that is a centralised exchange, whereas the ETH blockchain isn’t because its governance would be superior to Bitcoin’s, explained the Ethereum founder.

The CEO of Binance, CZ, who felt the need to take part in the debate, has criticised the comments of the parties involved and invited the BTSE exchange to the debate, though it seems that it has not yet replied.

It’s hard to say how the situation will evolve, there are many debates and different sides on this issue, such as the recent accusation by the founder of DigiByte, Jared Tate, against TRON (TRX) who called Justin Sun’s blockchain the biggest scam in crypto history. Or the events, related to the latter, related to Poloniex that has unfairly delisted the DGB token.

Undoubtedly it’s good marketing for the BTSE exchange which is getting a lot of attention thanks to the people who criticised the video.


Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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