Changpeng Zhao (CZ) is undoubtedly one of the greatest figures of the cryptosphere. It could be said that this Binance Stock Exchange CEO is almost wondrous with his projects. Indeed, in less than half a year, the stock with the largest volume of day-to-day transactions has become cryptic in the world from an unknown project. But even then Binance does not stop astonishing. BNB (Binance Coin) is still very popular and its use on this stock is growing. Similarly, the Binance Labs project, designed to act as an incubator for new cryptographic projects, is also very interesting. However, Changpeng Zhao does not want to end.
"Binancechain will run in approximately a few months. People will use it to issue new tokens. I think they will be millions, and I am also convinced that thousands of new blockchains will be added. "
Of course, such a bold statement immediately encountered outrage, and people began to question it. After all, it was just CZ, who had been told in August that he did not care how many projects he would pay, only those who have the potential to be listed on Binance. But is it realistically possible for a million other coins to have some meaningful potential and try to solve any of the problems?
Editor's Tip: Blockchain was not successfully implemented in one of nearly 50 projects
The Future of Bitcoin and Binance
Chang-ping Zhao also paid great attention to how he would comment on Bitcoin's price. When asked how they see the evolution of the largest cryptoma, he expressed himself as follows.
"I can not afford to predict what the Bitcoin prize will be in the future. Whatever I say, it can be taken as a market manipulation. So I can say that I lost my freedom in this. "
He also stated that one of the main criteria for crippling Binance is the animation of the team standing behind the project. According to CZ, this is one of the greatest qualities the team can prove. He also wants to point out that it does not matter whether the new project will try to pay 400 or 4000 BTC for listing on the Binance Exchange. If he does not have the potential and the desire to improve his services, it will not happen.
Conclusion + fun fact
Binancechain can be another interesting project that could move the entire sector even further. It is certainly easy to believe that people around CZ could do it because they have already demonstrated their talent and potential several times. However, it is still necessary to bear in mind that the more new projects Binance will issue, the more impact it will have on the cryptograph. I do not want to talk directly about the monopoly, but there can be too much dominance of this stock exchange.
In total, Changpeng Zhao and other Binance executives have recently tattooed a stockmarket on their forearms. That this is just the kind of passion they are looking for in other projects? Or do you think it's already bordering on fanaticism? Do not hesitate to express your views under the article in the comments.