Completely agree,
I don’t think “telling” them will do anything. It’s up to the community to educate stakeholders, not to attack binance perse.
This ecosystem is young, it needs way. More balancing cycles for it to become what it’s designed to be
Bas @ Staykpool
It’s been almost 2 years since I first posted this topic. Just curious, does anyone know the count for how many SPOs Binance runs these days (59 SPOs) or a 45% increase in under two years? Have they grown their control (Yes)? How many dead Independent SPOs are in the network (1500)?
How is decentralization working? What is the minimum cost barrier to running a viable Cardano SPO?
Looks like Binance is offering a 6.1% return if customers stake through their CEX. How can they obtain/provide higher returns than the average SPO? Perhaps they are subsidizing their SPOs APY to grow their control.
Not your keys = Not your Crypto
Centralized SPOs = Not a decentralized blockchain