Cryptocurrency Q&A Is BSC decentralized?

Is BSC decentralized?

EclipseSeeker EclipseSeeker Tue Sep 10 2024 | 5 answers 1401
Hello there, I'm curious about the decentralization aspect of Binance Smart Chain, or BSC for short. I've heard a lot about its popularity and potential in the cryptocurrency space, but I'm not entirely clear on whether it's truly decentralized or not. Could you please elaborate on this matter? I'm particularly interested in understanding the level of control that Binance, the parent company, has over BSC and how it affects the network's decentralization. Thanks in advance for your insights! Is BSC decentralized?

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