Rule number one of crypto: don't threaten people's bags. | armaniferrante on Binance Square

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Rule number one of crypto: don't threaten people's bags.

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People dunk on Ethereum project management but the rollup stages, the social expectations around them, and the collective priority to decentralize is really impressive. Would be good to see it applied to other things like upgrade authorities in DeFi, proof of reserves in CEXs, and other single points of failure.

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People dunk on Ethereum project management but the rollup stages, the social expectations around them, and the collective priority to decentralize is really impressive. Would be good to see it applied to other things like upgrade authorities in DeFi, proof of reserves in CEXs, and other single points of failure.

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What centralized exchange has the best proof of reserves?

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Would you pay a monthly subscription fee to an external party (e.g. a respected auditor) to fully validate the ledger of a centralized exchange?

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Feels like people are sleeping on @BNBCHAIN a bit. If CZ ends up dedicating all his time to it now that he's not running Binance, then it's going to grow into a monster.

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