Key Takeaways
- Alex Kim is Head of Enterprise Improvement at BNB Chain and joins the CoinJournal podcast
- He talks in regards to the bear market, the interoperable future, the benefit of constructing the BNB chain, gasoline taxes, decentralization, and extra.
- It additionally covers the darkish facet of cryptocurrencies, migration of initiatives from different blockchains, and rather more
There are one million totally different blockchains within the cryptocurrency area right now, and it may be complicated to grasp all of them.
Immediately Alex Kim joins the CoinJournal podcast, BNB Chain Enterprise Improvement Supervisor, to speak all issues BNB Chain. The chain has grown extremely quick and is now one of many greatest gamers within the area.
The dialog touched on many issues. Alex started by discussing the much-debated subject of Binance’s function in all of this. Early backer Alex describes how the world’s largest cryptocurrency trade is now separate from the blockchain.
He additionally talks about BNB and its function within the blockchain, in addition to a budget gasoline charges that prevail on the chain, not like a few of its rivals.
As for the contenders, he touches on Ethereum and what he believes might be an interoperable future. It additionally talks in regards to the latest switch of a number of initiatives, together with the a lot publicized addition of Uniswap, one of many greatest gamers within the DeFi area.
After all, it is onerous to not speak about a bear market. The tumultuous 12 months of 2022 introduced many challenges for everybody within the cryptocurrency area, and Alex talks about navigating the trade throughout that point.
It additionally delves into the darkish facet of cryptocurrencies and the unfavorable points which might be simple to create on this decentralized world. Scams are commonplace, with many initiatives going broke over the previous 12 months, and retail traders are sometimes left within the lurch.
