People don’t believe me when I say I didn’t do much for #BSC. They still want to give me credit for it. 😂

A thread with a few example to drive that home and what I did and did not do for #BSC. 1/9
I learned that I can use MetaMask with #BSC for the first time in this blog post, alas, with the link from Twitter.

I was like… wow, cool.

binance.com/en/blog/421499…

2/9
Then I clicked on a link in a tx and landed on bscscan.com. I was like … hey, I know how to use this site, it works just like etherscan.io. Who ripped it off?

Then I learned it’s built by the same team. Cool, who thought of that? 👍 3/9
There are a lot more examples, but those should give you a rough idea. 3.1/9
So, what did @Binance and/or I do for #BSC? A few things that we tried to help.

The initial proposal for #BSC (a parallel smart contract blockchain running native #BNB) was proposed to me with a request for a grant. I said “sounds great”. 4/9
After #BSC launched, the $100m #BSC ecosystem fund was decided in a 30 minute meeting with me. This is money paid out from @binance CEX. I said “sounds good, but let’s break up the ticket size to smaller amounts so that we can distribute that to many projects. 5/9
@binance also provided a very easy to use bridge. Many other fast blockchains tried to bridge from #ETH, but @Binance provided the most easy use to bridge with the largest user base. 6/9
I shilled for #BSC constant on Twitter, to the point where people give me credit for #BSC. All I did was tweets, because #BNB is the native coin on #BSC, and I/@binance hold #BNB. 7/9
I believe the #Binance brand helped #BSC initially with credibility and trust. But it may be hurting it now due to association with centralization. I would recommend a name change, but it's not up to me to decide. 8/9
People ask me what is the future plan for #BSC. I am like... I don't know. Never knew. Never was for me to decide. I am just a basic user / member of the community.

Thank you for your support and being a member of #BSC just like me. 🙏🙏🙏 9/9

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More from @cz_binance

25 Mar
Beware of scammers impersonating @Binance Helpdesk staff on social media (Twitter, FB, Reddit...) and chats (Telegram, Signal...)

ALL BINANCE SUPPORT IS DONE THROUGH THE BINANCE ONLINE CHAT, from binance.com or our mobile app.

Remember these 2 rules:

1/5
1. Never give anything more than a Chat Case ID to anyone. Everything else should be communicated through the Binance chat. Do NOT under any circumstances give out your email or password. Binance Helpdesk do not need any of the above to help you. They just need your Case ID.
2. Never under any circumstance send coins to anyone, especially NOT to our support staff (fake or real). In the rare case that we need to deduct some fees, we will do it directly to your account. You never have to send coins to anywhere other than your deposit address.
Read 5 tweets
28 Feb
Alright, last thread on ETH and its "killers", for today. Vitalik once said (and there is a video of it somewhere), ETH killer is ETH. I believe he is correct, ironically.

ETH is overwhelmingly successful. But its success (not other coins) may also be its own killer. 1/5
Perhaps social media is the best example. Friendster, MySpace was hugely popular, couldn't handle the load, couldn't keep up with the user/demand growth. Gone. Many other examples if you are old enough to remember the early days of the internet. 2/5
Ethereum created the smart contract market, which lead to ICOs, DeFi, NFTs, etc. Demand is growing exponentially, performance of ETH aren't. ETH 2.0 is still years away. Rollup aren't user friendly (jury is still out). This is the ETH killer. 3/5
Read 5 tweets
27 Jan
#crypto vs stonk trading.

1/6. Markets. #Bitcoin is traded on thousands of exchanges. Stonks are typically listed on one exchange only, by design. More markets tend to reduce manipulation.
2. Insiders. Bitcoin doesn’t have insiders. Other crypto are less decentralized than bitcoin, but most are more decentralized than stonks, which have legally defined insiders.
3. Fees. Crypto exchange charges much lower fees. Stonk trading involves high and often hidden fees.
Read 6 tweets
7 Jan
For those new to #bitcoin, here are some history of its price.

Thread: 1/8 Image
2) #BTC hit $30 ATH in June 2011, from $0.30 in Jan 2011 (100x in 6 months ish).

Then "crashed" 90% to $3 (still 10x of before).

Then took just about 2 years to recover back to $30 in Feb 2013.

Looks familiar? Then... Image
3) 2 months later, in Apr 2013, $BTC hit a new ATH $213 (7x).

Check how big the previous $30 ATH looks. Image
Read 8 tweets
7 Mar 20
STEEM thread. I was hoping not to be involved, but alas, doesn’t seem to be possible. I did approve the vote from Binance, thinking (wrongly) it was a regular upgrade/fork. For that, I apologize. Guess it is only fair that I get involved until the issue is resolved.
I am not an expert on STEEM, as you may (wrongly) assume. We deal with hundreds of projects/blockchains, each have their own consensus/vote/delegate/witness/staking/... mechanisms. Can’t know them all. So, please excuse some noob questions/comments.
Q1: Justin Sun claims that some witness froze his 65m coins, not just blocked from governance, but not even allowed to transfers. This has happened on Feb 22. Is it true?

Read 13 tweets
19 Feb 20
Unscheduled system maintenance. Trading paused. Working on it.
Funds are #SAFU. No need to panic.
One of the market data pushers had issues, matching engine was fine, no data loss or corruption (other than market data). Working on it. Should be fixed soon.
Read 5 tweets

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