Cyber Capital Founder: BNB Chain is not truly decentralized
Chain Catcher news, Justin Bons, founder and chief investment officer of the crypto fund Cyber Capital, tweeted that Binance is smart enough to never claim that BNB Chain is decentralized or directly admit that it is centralized. As a result, BNB Chain makes some less knowledgeable people appear "decentralized."
Justin Bons pointed out that the network's 21 "validator nodes" are selected by an 11-member committee, which is controlled by Binance. These "validator nodes" take turns processing related tasks in a predetermined order designed by the committee, rather than being randomly determined by weight like a truly decentralized blockchain. (Source link)
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