PODCAST: What’s the BNB Chain?

Key Takeaways

• Alex Kim is the Enterprise Growth Supervisor for BNB Chain, and he joins the CoinJournal podcast
• He chats in regards to the bear market, an interoperable future, the convenience of constructing on BNB Chain, gasoline charges, decentralisation and extra
• The darkish facet of of crypto, the migration of tasks from different blockchains and far more are additionally mentioned

There are one million completely different blockchains within the crypto area right now, and it may be complicated to know all of them. 

At this time, Alex Kim joins the CoinJournal podcast, the Enterprise Growth Supervisor for BNB Chain, to speak all issues BNB Chain. The chain has grown immensely rapidly to the place it’s now one of many greatest gamers within the area. 

The dialog touched on many factors. Alex started by overlaying the much-discussed matter of what function Binance performs in all this. An early backer, Alex describes how the world’s greatest crypto alternate is now a definite entity from the blockchain. 

He additionally chats about BNB and the function it performs on the blockchain, in addition to a budget gasoline charges that are prevalent on the chain, in distinction to some rivals. 

With regards to rivals, he touches on Ethereum and what he believes shall be an interoperable future. Additionally coated is the current migration of a number of tasks, together with the much-publicised addition of Uniswap, one of many greatest gamers within the DeFi area. 

After all, it’s laborious to not discuss in regards to the bear market. The torrid yr that was 2022 introduced many challenges for everyone within the cryptocurrency area, and Alex chats about what it was prefer to navigate the trade throughout this time. 

He additionally delves into darkish facet of crypto and the downsides of it being really easy to construct on this decentralised world. Scams are commonplace, with many tasks going to zero over the past yr, with retail traders usually those left holding the bag. 

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