Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Markuri33 on June 21, 2021, 07:22:14 PM
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"Obviously, people will look at what’s popular on Ethereum and try to copy it onto BSC,” CZ says. Decentralized finance, or DeFi, refers to financial products that replace banks and brokers with code on a blockchain, usually Ethereum. Since BSC went live in September, it has siphoned off Ethereum DeFi traders with the promise of lower fees and faster trading. Developers building atop BSC (not necessarily associated with Binance), aware of Ethereum’s first-mover status, also borrowed from Ethereum-based projects such as Euler Beats, Hashmasks, and CryptoPunks to create BSC versions called Musical Beats, Bashmasks, and Binance Punks—with very little effort made to otherwise hide their origins.source (https://decrypt.co/70145/binance-ceo-cz-binance-smart-chain-ethereum-copycats)