Key factors to recollect

• Alex Kim is the Americas Head of Partnerships for BNB Chain, and he joins the CoinJournal podcast
• He discusses the bear market, an interoperable future, the convenience of constructing on the BNB chain, fuel charges, decentralization and extra
• The darkish aspect of crypto, migrating initiatives from different blockchains and extra are additionally coated

There are 1,000,000 totally different blockchains within the crypto area right this moment, and it may be complicated to determine all of them out.

At this time Alex Kim joins the CoinJournal Podcast, BNB Chain’s Americas Partnership Supervisor, to speak all issues BNB Chain. The channel has grown extraordinarily shortly to the purpose the place it’s now one of many greatest gamers within the area.

The dialog touched on many factors. Alex began by masking the much-discussed subject of Binance’s function in all of this. An early backer, Alex describes how the most important crypto alternate on this planet is now a separate blockchain entity.

He additionally discusses BNB and the function it performs on the blockchain, in addition to a budget fuel charges that prevail on the chain, not like some rivals.

With regards to rivals, he talks about Ethereum and what he thinks is an interoperable future. The current migration of a number of initiatives can also be coated, together with the extremely publicized addition of Uniswap, one of many greatest gamers within the DeFi area.

In fact, it is exhausting to not discuss a bear market. The torrid 12 months of 2022 has introduced many challenges for everybody within the cryptocurrency area, and Alex discusses what it was prefer to navigate the trade throughout this time.

It additionally delves into the darkish aspect of crypto and the downsides of how straightforward it’s to construct on this decentralized world. Scams are rife with many initiatives falling to zero over the previous 12 months, with retail traders usually those left behind.