Ethereum maximists are trying to push Binance Smart Chain (BSC) into its path of user censorship by deploying pointless and conflicting contracts on this rapidly growing blockchain.
Seemingly a desperate and insignificant attempt to win back a competitor, they are currently advertising the token “TANKS OF TIENANMEN” (roughly translated: tanks of Tiananmen), inspired by gave his life for democracy in Tiananmen Square in 1989.
Bankless co-founder David Hoffman called attention to the token in his tweet with a popcorn emoji but is being condemned for his efforts to promote it.
“This is not the ETH community I want to be a member of,” wrote a member of the Ethereum community. “Bowing in the face of racism and culturally sensitive events is despicable and should not be tolerated. Two wrong does not turn out to be true, let’s make sure ETH can scale, ”replied an indignant Twitter user.
Famous Youtuber Lark Davis described the attack as “shocking”.
However, there are still people who praise the “great step”:
“This is an utterly evil – and wonderful – way to put pressure on Binance. Congratulations, ”ProgPOW author Kristy-Leigh Minehan tweeted.
Binance CEO Changpeng Zhao commented on the “attack”, tweeting that it can be handled at the level of the probe.
Scalability vs. decentralization
Over the past few weeks, Binance Smart Chain, a high throughput platform aimed at connecting DeFi and CeFi, has emerged as an “Ethereum killer” because of its low transaction fees. In his viral tweet, CZ quipped that Ethereum is only for the rich “who will soon be poor”.
However, the bottom line of Ethereum arguably is its hypothetical decentralization. The BSC-controlling node operators are essentially voted by Binance himself because it is the top holder of the BNB native token.
For DeFi speculators, centralization seems like a reasonable trade-off for cheap fees, and “testing” the blockchain with meaningless content is ultimately in vain.